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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Operating Activities    
Net income $ 8,880 $ 7,217
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 856 853
Provision for loan losses 2,700 3,800
Net losses on investment securities available-for-sale 51 1
Net loss on sale of repossessed assets and other real estate owned 38 2
Net gain on sale of loans (352) (494)
Proceeds from sales of residential mortgages held-for-sale 11,418 12,124
Origination of residential mortgages held-for-sale (11,773) (11,324)
Income on bank-owned life insurance (372) (314)
Stock-based compensation expense 59 51
Deferred income tax benefit (198) (867)
Net increase (decrease) in income taxes payable 45 (57)
Net increase in accrued interest receivable (2) (140)
Amortization of mortgage servicing rights and change in valuation allowance 114 104
Net amortization of premiums and discounts on investment securities 1,629 1,094
Net decrease in accrued interest payable (300) (476)
Decrease in other assets 558 1,400
Decrease in other liabilities 132 109
Net cash provided by operating activities 13,483 13,083
Investing Activities    
Proceeds from maturities and calls of investment securities available-for-sale 120,619 130,847
Proceeds from maturities and calls of investment securities held-to-maturity 1,344 680
Proceeds from sale of investment securities available-for-sale 45,508 7,490
Purchases of investment securities available-for-sale (220,602) (178,411)
Proceeds from redemption of investment in restricted bank stock 401 115
Net increase in loans (11,082) (34,123)
Redemption of bank owned life insurance investment 95  
Net purchases of premises and equipment (1,910) (1,158)
Proceeds from sale of repossessed assets 140 275
Net cash used by investing activities (65,487) (74,285)
Financing Activities    
Net increase in non-interest bearing deposits 11,473 1,447
Net increase in interest-bearing deposits 44,262 59,427
Net (decrease) increase in short-term borrowings (5,765) 1,353
Proceeds from issuance of long-term debt   312
Repayments of long-term debt (9) (15,004)
Tax benefit from exercise of stock options 32 3
Cash dividends paid, net of reinvestment (2,893) (2,821)
Proceeds from issuance of common stock 547 398
Net cash provided by financing activities 47,647 45,115
Decrease in cash and cash equivalents (4,357) (16,087)
Cash and cash equivalents at beginning of year 14,912 30,999
Cash and cash equivalents at end of year 10,555 14,912
Supplemental Cash Flow Disclosures    
Interest paid 8,391 10,746
Income taxes paid 2,595 2,805
Non-cash transactions    
Transfer of loans to repossessed assets or other real estate owned $ 914 $ 300