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Consolidated Statements of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating activities:  
Net income$ 3,544$ 3,611
Adjustments to reconcile net income to net cash provided by operating activities:  
Provision for loan losses264637
Depreciation447406
Net amortization of securities premiums271216
Amortization of core deposit intangible3434
Net amortization of loan origination costs3317
Deferral of net loan costs835
Securities impairment charge 40
Net realized gains on sales or calls of securities(6)(31)
Gains on sales of other real estate owned(28)(36)
Earnings on bank owned life insurance and annuities(366)(393)
Deferred income tax expense4515
Equity in earnings of unconsolidated subsidiary, net of dividends of $19 and $28(178)(151)
Stock-based compensation expense1936
Decrease (increase) in accrued interest receivable and other assets(538)559
Increase (decrease) in accrued interest payable and other liabilities118(74)
Net cash provided by operating activities3,6674,921
Investing activities:  
Purchases of: Securities available for sale(76,365)(39,157)
Purchases of: Premises and equipment(168)(704)
Purchases of: Bank owned life insurance and annuities(66)(66)
Proceeds from: Maturities and calls of and principal repayments on securities available for sale44,21837,636
Proceeds from: Redemption of FHLB stock298 
Proceeds from: Bank owned life insurance and annuities2050
Proceeds from: Sale of other real estate owned479747
Proceeds from: Sale of other assets911
Net decrease in interest-bearing time deposits24975
Net decrease in loans receivable5,2766,043
Net cash provided by (used in) investing activities(26,050)4,635
Financing activities:  
Net increase (decrease) in deposits18,321(4,849)
Net decrease in securities sold under agreements to repurchase(257)(332)
Repayment of long-term debt (5,000)
Cash dividends(2,716)(2,627)
Purchase of treasury stock(417)(1,171)
Treasury stock issued for employee stock plans4661
Net cash provided by (used in) financing activities14,977(13,918)
Net decrease in cash and cash equivalents(7,406)(4,362)
Cash and cash equivalents at beginning of period25,27619,895
Cash and cash equivalents at end of period17,87015,533
Supplemental information:  
Interest paid3,5124,358
Income taxes paid1,0751,145
Supplemental schedule of noncash investing and financing activities:  
Transfer of loans to other real estate owned251730
Transfer of loans to repossessed assets$ 9$ 0