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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities:    
Net income $ 2,598 $ 1,607
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation 125 62
Amortization of pension costs 541 505
Depreciation and amortization 574 583
Provision for loan losses 1,280 2,280
Net investment amortization 1,143 1,014
Net change in unearned fees/deferred costs on loans (88) (238)
Capitalized dividends on FHLB stock (2) (7)
Gain on securities available for sale (16) (591)
Gain on loans held for sale (1,164) (525)
Other real estate losses 418 1,223
Other asset sales losses 69 66
Deferred income taxes 1,112 510
Originations of loans held for sale, net of repayments (45,423) (30,473)
Sales proceeds of loans held for sale 48,116 26,226
(Increase) decrease in:    
Accrued interest receivable (180) 24
Cash surrender value of bank owned life insurance (160) (187)
Other assets 105 (343)
Increase (decrease) in:    
Accrued interest payable (33) (155)
Other liabilities (903) (196)
Net cash provided by operating activities 8,112 1,385
Cash flows from investing activities:    
Purchases of securities available for sale (56,442) (97,327)
Sales of securities available for sale 6,141 33,982
Maturities of securities available for sale 19,767 17,612
Purchases of loans held for investment (561) 0
Net decrease in other loans held for investment (10,475) 16,423
Net (increase) decrease in:    
Interest bearing bank balances 62,724 (12,509)
Bank premises and equipment (70) (314)
Net purchases of bank owned life insurance (14) (9)
Proceeds from sales of other real estate and other repossessed assets, net of improvements 1,119 2,658
Net redemptions of FHLB stock 181 0
Net cash used in investing activities 22,370 (39,484)
Cash flows from financing activities:    
Net increase (decrease) in deposits (49,904) 39,040
Net increase (decrease) in short-term borrowings (1,470) (660)
Repayments of other borrowings (1,130) (1,327)
Common dividends paid (96) (92)
Preferred dividends paid (150) (150)
Net cash used in financing activities (52,750) 36,811
Net decrease in cash and due from banks (22,268) (1,288)
Cash and due from banks at January 1 54,811 39,976
Cash and due from banks at March 31 32,543 38,688
Supplemental disclosures:    
Total interest paid 2,208 3,400
Total income taxes paid 0 186
Transfers of loans from held for sale to held for investment 1,833 1,997
Transfers of loans to foreclosed property 388 1,565
U. S. Treasury preferred dividend accrued but unpaid 75 75
Accretion on U. S. Treasury preferred stock $ 347 $ 313