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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 8,172,000 $ 8,451,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 224,000 135,000
Realized gains on available-for-sale securities, net (1,006,000) (134,000)
Loss on prepayment of debt 910,000 0
Realized (gain) loss on foreclosed assets (61,000) 19,000
Loss on disposition of premises and equipment 0 1,000
Depreciation expense 958,000 988,000
Accretion and amortization on securities, net 791,000 674,000
Accretion and amortization on loans and deposits, net (10,000) (14,000)
Decrease (increase) in fair value of servicing rights 150,000 (52,000)
Increase in cash surrender value of life insurance (199,000) (179,000)
Stock-based compensation 307,000 384,000
Amortization of core deposit intangibles 11,000 17,000
Deferred income taxes 424,000 1,057,000
Gains on sales of loans, net (330,000) (416,000)
Origination of loans for sale (10,029,000) (12,443,000)
Proceeds from sales of loans 10,089,000 12,807,000
(Increase) decrease in accrued interest receivable and other assets (1,225,000) 179,000
Increase in accrued interest payable and other liabilities 681,000 1,795,000
Net Cash Provided by Operating Activities 9,857,000 13,269,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturities of certificates of deposit 0 480,000
Proceeds from sales of available-for-sale securities 11,255,000 28,831,000
Proceeds from calls and maturities of available-for-sale securities 41,777,000 35,340,000
Purchase of available-for-sale securities (35,200,000) (83,766,000)
Redemption of Federal Home Loan Bank of Pittsburgh stock 2,042,000 976,000
Purchase of Federal Home Loan Bank of Pittsburgh stock (2,960,000) (123,000)
Net (increase) decrease in loans (34,153,000) 20,248,000
Proceeds from bank-owned life insurance 1,442,000 0
Purchase of premises and equipment (539,000) (206,000)
Return of principal on limited liability entity investments 99,000 87,000
Proceeds from sale of foreclosed assets 657,000 378,000
Net Cash (Used in) Provided by Investing Activities (15,580,000) 2,245,000
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in deposits 10,460,000 24,723,000
Net increase (decrease) in short-term borrowings 14,269,000 (18,748,000)
Repayments of long-term borrowings (11,054,000) (137,000)
Purchase of treasury stock (3,415,000) 0
Sale of treasury stock 378,000 86,000
Tax benefit from compensation plans 78,000 74,000
Common dividends paid (5,635,000) (5,703,000)
Net Cash Provided by Financing Activities 5,081,000 295,000
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (642,000) 15,809,000
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 31,619,000 38,591,000
CASH AND CASH EQUIVALENTS, END OF PERIOD 30,977,000 54,400,000
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Assets acquired through foreclosure of real estate loans 630,000 924,000
Accrued purchase of available-for-sale securities 0 1,312,000
Interest paid 2,404,000 2,587,000
Income taxes paid $ 1,645,000 $ 1,834,000