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Consolidated Statements of Cash Flows (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash Flows From Operating Activities:    
Net income $ 2,303 $ 1,622
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion 1,198 1,736
Provision for credit losses 852 826
Unvested stock amortization 43 67
Net gain on sale of securities (2) (975)
Net loss on sale and write down of OREO and other repossessed property 1 4
(Increase) decrease in accrued interest receivable (109) 287
Decrease in other assets 886 862
Earnings on investment in BOLI (120) (123)
Decrease in accrued interest payable (59) (187)
Increase in deferred tax benefit (expense)   171
Gain on sale of loans (225) 0
Decrease in other liabilities (560) (736)
Net Cash Provided By Operating Activities 4,208 3,554
Cash Flows From Investing Activities:    
Activity in available-for-sale securities: Sales 15,762 114,964
Activity for available-for-sale: Maturities, repayments and calls 19,895 19,645
Activity in available-for-sale securities: Purchases (27,944) (158,674)
Activity in held-to-maturity securities: Sales   29,855
Activity in held-to-maturity securities: Maturities, repayments and calls 2,666 5,843
Activity in held-to-maturity securities: Purchases (13,932) (2,137)
Net decrease (increase) in restricted stock 303 (298)
Proceeds from sale of loans 2,890  
Net increase in loans and leases (26,241) (10,683)
Purchases of premises and equipment (279) (211)
Proceeds from sale of OREO and other repossessed property 424 1,268
Net Cash Used By Investing Activities (26,456) (428)
Cash Flows From Financing Activities:    
Net increase (decrease) in deposits 25,874 (5,969)
Repayment of FHLB advances (5,000) (23,000)
Net increase in short term repurchase agreements 5,847 10,906
Decrease in lease obligations (11) (10)
Dividends paid (454) (452)
Sale of treasury stock, net 111 106
Net Cash Provided by (Used By) Financing Activities 26,367 (18,419)
Net Change in Cash and Cash Equivalents 4,119 (15,293)
Cash and Cash Equivalents at Beginning of Period 26,360 43,832
Cash and Cash Equivalents at End of Period 30,479 28,539
Supplemental Disclosure of Cash Flow Information:    
Cash paid during the period for: Interest 2,543 4,205
Cash paid during the period for: Income taxes 1,159 670
Supplemental Disclosure of Non-cash Flow Information:    
Transfer securities from AFS to HTM, at fair value (amortized cost of $20,228) 20,112 0
Transfers from loans and leases to real estate owned $ 0 $ 483