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Condensed 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 $ 9,207 $ 9,910
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,050 1,007
Provision for loan losses   7,681
Amortization of premiums / discounts on investment securities, net 3,110 2,488
Amortization of intangible assets 300 258
Share-based compensation expense 391 234
Gain on sale of available for sale securities (3,935) (1,696)
Originations of loans held for sale (120,520) (132,905)
Proceeds from sale of loans held for sale 137,606 142,262
Net increase in bank owned life insurance (361) (388)
Decrease / (increase) in deferred tax asset 5,354 (1,349)
Deferred tax assets valuation allowance adjustment   (5,605)
Decrease in other assets 770 478
Decrease in other liabilities (334) (2,809)
Net Cash Provided By Operating Activities 32,638 19,566
Cash flows from investing activities:    
Purchase of securities, available for sale (170,063) (150,783)
Sale of securities, available for sale 144,027 95,786
Maturities and calls of securities, available for sale 544 3
Proceeds from principal paydowns of securities, available for sale 35,200 35,278
(Purchase) / redemption of Federal Home Loan Bank stock (164) 110
Increase in loans, net (90,254) (42,710)
Allowance for loan loss recoveries 1,201 737
Purchase of property, premises and equipment, net (9,223) (10,761)
Proceeds from sale of property, premises and equipment   19
Proceeds from sale of foreclosed collateral 1,374 1,335
Net Cash Used In Investing Activities (87,358) (70,986)
Cash flows from financing activities:    
Increase in deposits, net 86,082 68,824
Proceeds from Federal Home Loan Bank borrowing 183,500 166,500
Repayments of Federal Home Loan Bank borrowing (192,500) (172,000)
Proceeds from exercise of stock options 85 131
Preferred stock dividends paid (707) (2,751)
Retirement of Series A preferred stock and related warrants (22,575)  
Net Cash Provided By Financing Activities 53,885 60,704
Net (decrease) / increase in cash and cash equivalents (835) 9,284
Cash and cash equivalents, beginning of period 34,116 34,892
Cash and cash equivalents, end of period 33,281 44,176
Cash Flow Information    
Interest paid 2,791 3,176
Income taxes paid 2,100 2,735
Non-Cash Flow Information    
Change in unrealized gain on available for sale securities (11,620) 5,545
Loans transferred to foreclosed collateral 1,374 769
Accretion of preferred stock discount $ 189 $ 281