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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 4,158 $ 3,042
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of premises and equipment 424 344
Amortization of intangibles 183 129
Provision for loan losses 1,225 1,577
(Gain) loss on sale of other real estate (1,583) 47
Net amortization of investment securities available-for-sale 188 90
Amortization of deferred loan costs 108 109
Gains on sales of investment securities available-for-sale (12) (201)
Other than temporary security impairment 84  
Net gains on sale of loans (146) (140)
Net earnings on investment in life insurance (185) (164)
Gain from investment in life insurance   (320)
Net change in:    
Loans held for sale 84 (142)
Accrued interest receivable (269) (189)
Other assets 1,561 145
Accrued interest payable (4) (64)
Other liabilities (1,746) 859
Net cash provided by operating activities 4,070 5,122
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from sales of investment securities available-for-sale 15,259 55,253
Proceeds from repayments on investment securities available-for-sale 767 10,293
Purchases of investment securities available-for-sale (4,255) (52,444)
Net increase in investments in restricted stock 257 0
Net increase in loans (33,163) (34,259)
Purchases of premises and equipment (357) (951)
Proceeds from investment in life insurance   549
Purchases of investment in life insurance (2,000)  
Proceeds from sale of other real estate 1,970 2,014
Net cash used in investing activities (21,522) (19,545)
CASH FLOWS FROM FINANCING ACTIVITIES    
Cash dividends paid (1,268) (1,223)
Net increase in deposits 31,835 24,511
Repayment of long-term debt (5,474) (451)
Net increase (decrease) in short-term borrowings (2,372) 13,696
Purchases of treasury stock (149)  
Issuance of treasury stock 139 103
Net cash provided by financing activities 22,711 36,636
Net increase in cash and cash equivalents 5,259 22,213
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR   18,915
CASH AND CASH EQUIVALENTS, END OF PERIOD 23,100 41,128
SUPPLEMENTAL DISCLOSURES    
Interest 2,862 3,494
Income taxes 1,250 (656)
Noncash items:    
Transfers from loans to foreclosed real estate   $ 177