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Acquisition (Tables)
 9 Months Ended
Sep. 30, 2012
Business Combination [Abstract]  
Schedule of preliminary purchase price of assets acquired and liabilities assumed
                     

ASSETS

           LIABILITIES        

Cash and due from banks

   $ 33,531     Deposits        

Investment securities, available for sale

     63,707     Non-interest bearing   $ 59,350  
            NOW accounts     42,681  

Commercial

     70,343     Savings and money market     61,465  

Residential mortgage

     20,838     Certificates of deposits     47,749  
               

 

 

  

Consumer

     23,423    

Total deposits

     211,245  
   

 

 

              

Total loans

     114,604              
            Borrowings     1,186  

Premises and equipment

     2,647     Subordinated debentures     1,537  

FRB and FHLB stock

     943     Interest payable     90  

Goodwill

     13,838     Other liabilities     4,670  

Core deposit intangible

     2,332              

Interest receivable

     820              

Cash value life insurance

     4,012              

Other assets

     9,210              
   

 

 

        

 

 

  

Total assets purchased

   $ 245,644     Total liabilities assumed   $ 218,728  
   

 

 

        

 

 

  

Common shares issued

   $ 19,668              

Retirement of TARP preferred shares

     7,248              
   

 

 

              

Total estimated purchase price

   $ 26,916              
   

 

 

              
Schedule of acquired loans accounted for in accordance with ASC 310-30
         

Contractually required principal and interest at acquisition

   $ 35,574  

Contractual cash flows not expected to be collected (nonaccretable differences)

     9,747  
   

 

 

  

Expected cash flows at acquisition

     25,827  

Interest component of expected cash flows (accretable discount)

     2,886  
   

 

 

  

Fair value of acquired loans accounted for under ASC 310-30

   $ 22,941