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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash Flows from Operating Activities    
Net income (loss) $ 1,698 $ (248)
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 339 362
Provision for loan losses 2,001 3,000
Stock compensation expense 1 7
Deferred income tax (benefit) (688) (1,630)
Loans originated for sale (2,884) (2,715)
Proceeds from loans sold 1,758 2,656
(Gain) on loans sold      
Securities (gains) (1,165) (1,628)
Other-than-temporary impairment of securities 229 1,228
(Gain) loss on disposal of assets 77 (71)
Write down of foreclosed properties 1,912 3,443
Amortization of securities premiums (accretion of discounts), net 858 373
Amortization of goodwill and purchase accounting adjustments, net 91 91
Decrease in accrued interest receivable 516 82
(Increase) in cash surrender value of bank owned life insurance (275) (131)
(Increase) in other assets (815) (842)
Increase (decrease) in other liabilities 922 (665)
Net cash provided by operating activities 4,575 3,312
Cash Flows from Investing Activities    
Proceeds from (purchase of) interest bearing deposits with other banks 1,438 (752)
Proceeds from maturities and calls of securities available for sale 803 2,889
Proceeds from sales of securities available for sale 25,632 13,256
Principal payments received on securities available for sale 14,501 17,311
Purchases of securities available for sale (45,733) (55,226)
Redemption of Federal Home Loan Bank Stock 805 986
Net principal payments received on loans 5,051 11,225
Purchases of premises and equipment (12) (54)
Proceeds from sales of other repossessed assets & property held for sale 1,243 1,855
Net cash provided by (used in) investing activities 3,728 (8,510)
Cash Flows from Financing Activities    
Net increase in demand deposit, NOW and savings accounts 16,877 50,571
Net (decrease) in time deposits (22,238) (25,391)
Net increase in short-term borrowings 1 296
Repayment of long-term borrowings (3,133) (20,593)
Dividends paid on preferred stock (149) (74)
Net cash provided by (used in) financing activities (8,642) 4,809
(Decrease) in cash and due from banks (339) (389)
Cash and due from banks:    
Beginning 4,398 [1] 4,652
Ending 4,059 4,263
Supplemental Disclosures of Cash Flow Information    
Interest 6,944 8,311
Income taxes 159  
Supplemental Schedule of Noncash Investing and Financing Activities    
Other assets acquired in settlement of loans $ 1,087 $ 1,707
[1] December 31, 2011 financial information has been extracted from audited consolidated financial statements