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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
NET INCOME $ 2,880 $ 1,917
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion 1,894 821
Impairment loss on securities   4
Provision for loan losses 744 883
Loss on sale/writedown of ORE 396 127
Restricted stock expense 174 88
Increase in cash value of life insurance (130) (140)
Federal Home Loan Bank stock dividends (3) (3)
Changes in:    
Interest receivable (282) (297)
Loans held for sale, net (1,914) (1,020)
Interest payable (81) (71)
Other, net 3,287 2,264
NET CASH PROVIDED BY OPERATING ACTIVITIES 6,965 4,573
CASH FLOWS FROM INVESTING ACTIVITIES:    
Maturities and calls of securities available- for-sale 40,136 36,901
Purchases of securities available-for-sale and held-to-maturity (60,762) (64,876)
Net redemptions of other securities 11  
Net increase in loans (10,020) (13,854)
Net additions in premises and equipment (428) (1,189)
Cash received from acquisition   116,143
NET CASH PROVIDED BY (USED IN)INVESTING ACTIVITIES (31,063) 73,125
CASH FLOWS FROM FINANCING ACTIVITIES:    
Increase in deposits 48,477 26,267
Net increase (decrease) in borrowed funds (10,251) (3,056)
Dividends paid on common stock (340) (340)
Dividends paid on preferred stock (257) (257)
NET CASH PROVIDED BY FINANCING ACTIVITIES 37,629 22,614
NET INCREASE IN CASH 13,531 100,312
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 23,181 33,976
CASH AND CASH EQUIVALENTS AT END OF PERIOD 36,712 134,288
SUPPLEMENTAL DISCLOSURES:    
CASH PAYMENTS FOR INTEREST 3,391 4,250
CASH PAYMENTS FOR INCOME TAXES 967 788
LOANS TRANSFERRED TO OTHER REAL ESTATE 6,353 2,957
ISSUANCE OF RESTRICTED STOCK GRANTS $ 42 $ 34