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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash Flows from Operating Activities    
Net income $ 5,282 $ 3,608
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 878 989
Provision for loan losses 3,500 6,002
Stock compensation expense 1 2
Deferred income tax expense (benefit) 1,248 (1,172)
Loans originated for sale (7,963) (5,463)
Proceeds from loans sold 7,587 5,251
Securities gains (116) (2,245)
Other-than-temporary impairment of securities 118 375
Loss on disposal of assets 535 583
Write down of foreclosed properties 3,078 6,114
Amortization of securities premiums (accretion of discounts), net 4,698 3,181
Amortization of goodwill and purchase accounting adjustments, net 272 272
Decrease in accrued interest receivable 257 431
Increase in cash surrender value of bank owned life insurance (704) (781)
(Increase) decrease in other assets 2,354 (971)
Decrease in other liabilities (748) (140)
Net cash provided by operating activities 20,277 16,036
Cash Flows from Investing Activities    
Proceeds from maturities and calls of securities available for sale 1,258 4,056
Proceeds from sales of securities available for sale 41,188 64,567
Principal payments received on securities available for sale 50,650 47,584
Purchases of securities available for sale (111,443) (120,114)
Purchases of other investments (2,541) 0
Redemption of Federal Home Loan Bank Stock 5,922 3,048
Net principal payments received from (loans made to) customers (8,371) 13,736
Purchases of premises and equipment (528) (170)
Proceeds from disposal of premises and equipment 11 0
Proceeds from sales of other repossessed assets & property held for sale 10,339 6,998
Purchase of life insurance contracts (5,000) 0
Net cash provided by (used in) investing activities (18,515) 19,705
Cash Flows from Financing Activities    
Net increase in demand deposit, NOW and savings accounts 9,759 15,662
Net decrease in time deposits (20,149) (4,856)
Net increase in short-term borrowings 50,205 5,002
Proceeds from long-term borrowings 3,454 0
Repayment of long-term borrowings (43,228) (66,510)
Exercise of stock options 80 0
Dividends paid on preferred stock (582) (537)
Net cash (used in) financing activities (461) (51,239)
Increase (decrease) in cash and cash equivalents 1,301 (15,498)
Cash and cash equivalents:    
Beginning 14,802 [1] 32,691
Ending 16,103 17,193
Supplemental Disclosures of Cash Flow Information    
Interest 14,526 19,335
Income taxes 1,098 1,834
Supplemental Schedule of Noncash Investing and Financing Activities    
Other assets acquired in settlement of loans $ 2,871 $ 5,266
[1] December 31, 2012 financial information has been extracted from audited consolidated financial statements