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Consolidated Statements of Cash Flows (USD $)
3 Months Ended9 Months Ended12 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Dec. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:     
Net income$ 422,288$ 506,861$ 1,281,783$ 1,401,459$ 1,880,629
Adjustments to reconcile net income to net cash provided by operating activities     
Depreciation and amortization152,433147,390451,351449,156 
Accretion of income, net of amortization of premium35,48112,478118,24421,753 
ESOP compensation expense23,39425,08574,98876,572 
Stock-based compensation expense23,44523,78972,50647,183 
Provision for loan losses90,00015,000145,000125,000 
(Increase)/decrease in prepaid and other assets(40,479)(8,578)153,669187,941 
Decrease in accrued interest receivable33,5915,96579,653108,862 
Decrease in deferred income taxes(65,744)(26,453)(321,310)(59,104) 
(Decrease)/increase in accrued expenses and other liabilities(99,171)428,232(26,236)549,588 
Net cash provided by operating activities575,2381,129,7692,029,6482,908,410 
CASH FLOWS FROM INVESTING ACTIVITIES:     
Net change in loan receivable686,577(1,629,610)(585,593)(21,852) 
Proceeds from repayment and calls of investment securities, available for sale7,657,4928,838,96424,605,81327,560,762 
Purchases of investment securities, available for sale (9,167,708)(15,614,398)(24,633,330) 
Purchases of premises and equipment(29,077)(12,548)(114,376)(60,819) 
Net cash provided by/(used in) investing activities8,314,992(1,970,902)8,291,4462,844,761 
CASH FLOWS FROM FINANCING ACTIVITIES:     
Net (decrease)/increase in deposits(187,976)(12,340,815)8,455,8792,753,616 
Exercise of stock options   292,211 
Purchase of treasury stock, at cost(1,145)(5,566)(1,145)(21,912) 
Cash dividends paid(108,717)(109,093)(326,151)(321,756) 
Net cash (used in)/provided by financing activities(297,838)(12,455,474)8,128,5832,702,159 
NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS8,592,392(13,296,607)18,449,6778,455,330 
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD38,622,27261,468,85628,764,98739,716,91939,716,919
CASH AND CASH EQUIVALENTS, END OF PERIOD47,214,66448,172,24947,214,66448,172,249 
Cash paid during the period for:     
Interest211,920249,231659,024816,435 
Taxes$ 467,000$ 633,463$ 1,334,125$ 1,347,868