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Consolidated Statements Of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash Flows from Operating Activities  
Net income (loss)$ 2,594$ (2,885)
Adjustments to reconcile net earnings to net cash provided by operating activities:  
Depreciation1,0561,194
Provision for loan losses8,00118,350
Stock compensation expense9 
Deferred income tax (benefit)(2,362)(1,575)
Loans originated for sale(6,978)(7,453)
Proceeds from loans sold7,0276,156
Securities (gains)(3,463)(1,587)
Other-than-temporary impairment of debt securities2,245138
(Gain) on disposal of other repossessed assets & property held for sale(324)(121)
Write-down of foreclosed properties5,7702,194
Amortization of securities premiums (accretion of discounts), net1,455(762)
Amortization of goodwill and purchase accounting adjustments, net272272
Increase in accrued interest receivable483360
(Increase) in other assets(1,214)(4,306)
(Decrease) in other liabilities(343)(507)
Net cash provided by operating activities14,2289,468
Cash Flows from Investing Activities  
Proceeds from (purchase of) interest bearing deposits with other banks6,592(6,444)
Proceeds from maturities and calls of securities available for sale6,98546,860
Proceeds from sales of securities available for sale97,82632,849
Principal payments received on securities available for sale43,38540,134
Purchases of securities available for sale(170,045)(109,508)
Purchases of other investments (2,998)
Proceeds from maturities and calls of other investments5,9993,000
Redemption of Federal Home Loan Bank Stock2,91419
Net principal payments received on loans13,68054,854
Purchases of premises and equipment(298)(364)
Proceeds from sales of other repossessed assets & property held for sale11,67417,417
Purchase of life insurance contracts(15,000) 
Net cash provided by investing activities3,71275,819
Cash Flows from Financing Activities  
Net increase (decrease) in demand deposit, NOW and savings accounts55,328(86)
Net increase (decrease) in time deposits(44,958)12,780
Net (decrease) in short-term borrowings(627)(48,129)
Proceeds from long-term borrowings842 
Repayment of long-term borrowings(32,920)(51,844)
Dividends paid on preferred stock(223)(223)
Proceeds from subscription of preferred stock3,562 
Net cash (used in) financing activities(18,996)(87,502)
(Decrease) in cash and due from banks(1,056)(2,215)
Cash and due from banks:  
Beginning4,652[1]6,813
Ending3,5964,598
Supplemental Disclosures of Cash Flow Information  
Interest24,12031,274
Income taxes1,925 
Supplemental Schedule of Noncash Investing and Financing Activities  
Other assets acquired in settlement of loans$ 9,289$ 45,962
[1] (*) - December 31, 2010 financial information has been extracted from audited consolidated financial statements