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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Operating Activities    
Net income $ 3,991 $ 6,011
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 1,734 3,100
Depreciation expense 1,413 1,332
Securities amortization, net 1,045 1,055
Stock based compensation expense 141 52
Stock portion of director retainer fee expense 97 82
Amortization of purchased intangible assets 480 452
Amortization of mortgage servicing rights 493 501
Earnings on cash surrender value of life insurance policies (342) (287)
Recovery of valuation allowance on mortgage servicing rights (250)  
Prepayment penalty on FHLB advance 2,239  
Securities gains, net of impairment (844) (487)
Loss on sale and write-down of OREO 296 252
Gain on loans sold (2,069) (1,190)
Loans originated for sale (98,723) (56,687)
Proceeds from loan sales 112,723 55,304
Change in other assets and liabilities 213 674
Net cash provided by operating activities 22,637 10,164
Investing Activities    
Purchases of securities available for sale (126,915) (57,380)
Proceeds from calls, maturities, and payments on securities available for sale 39,101 27,286
Proceeds from sales of securities available for sale 77,390 19,956
Proceeds from sale of OREO 1,520 6,361
Loan originations and payment, net (3,137) (3,979)
Purchases of premises and equipment (2,337) (1,385)
Proceeds from redemption of restricted stock 2 2
Net cash (used) by investing activities (14,376) (9,139)
Financing Activities    
Net change in deposits (2,789) (902)
Net change in other borrowings 4,960 3,876
Repayment of FHLB advances (88,887) (73)
Proceeds from FHLB advances 50,000  
Proceeds from exercise of stock options 111  
Cash dividends on preferred stock (189) (713)
Cash dividends on common stock (1,220) (202)
Net cash provided/(used) by financing activities (38,014) 1,986
Net change in cash and cash equivalents (29,753) 3,011
Cash and cash equivalents, beginning of year 65,650 109,148
Cash and cash equivalents, end of period 35,897 112,159
Supplemental non cash disclosure    
Loan balances transferred to foreclosed real estate $ 967 $ 1,831