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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:    
Net income $ 3,360 $ 2,056
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation 248 109
Amortization of pension costs 901 366
Depreciation and amortization 1,170 1,290
Provision for loan losses 4,560 4,860
Net investment amortization 2,112 1,017
Net change in unearned fees/deferred costs on loans (992) (421)
Capitalized dividends on FHLB stock (14) (14)
Gain on securities available for sale (592) (1,690)
Impairment loss on securities available for sale 4 381
Gain on loans held for sale (1,497) (438)
Other real estate losses 2,254 3,195
Other asset sales losses 95 140
Deferred income taxes 1,109 407
Originations of loans held for sale, net of repayments (69,201) (24,746)
Sales proceeds of loans held for sale 70,376 29,132
(Increase) decrease in:    
Accrued interest receivable 62 410
Cash surrender value of bank owned life insurance (369) (359)
Other assets (1,785) (655)
Increase (decrease) in:    
Accrued interest payable (180) (164)
Other liabilities 2,649 718
Net cash provided by operating activities 14,270 15,594
Cash flows from investing activities:    
Purchases of securities available for sale (136,027) (101,320)
Sales of securities available for sale 42,837 61,074
Maturities of securities available for sale 36,131 26,655
Purchases of loans held for investment (2,259) (821)
Net (increase) decrease in other loans held for investment 13,534 7,483
Net (increase) decrease in:    
Interest bearing bank balances 18,682 (31,744)
Federal funds sold 18,250 0
Bank premises and equipment (449) (944)
Net purchases of bank owned life insurance (19) (25)
Proceeds from sales of other real estate and other repossessed assets 6,688 4,863
Net cash provided by investing activities (2,632) (34,779)
Cash flows from financing activities:    
Net increase (decrease) in deposits (10,136) 49,075
Net increase (decrease) in short-term borrowings (1,174) (28,434)
Proceeds from other borrowings 0 686
Repayments of other borrowings (2,668) (5,610)
Common dividends paid (189) (185)
Preferred dividends paid (300) (300)
Net cash used in financing activities (14,467) 15,232
Net decrease in cash and due from banks (2,829) (3,953)
Cash and due from banks at March 31 37,147 41,146
Supplemental disclosures:    
Total interest paid 6,417 9,346
Total income taxes paid 192 3
Transfers of loans from held for sale to held for investment 4,199 454
Transfers of loans to foreclosed property 3,182 7,618
U. S. Treasury preferred dividend accrued but unpaid 75 75
Accretion on U. S. Treasury preferred stock $ 634 $ 572