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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating activities    
Net income $ 3,337 $ 3,244
Adjustments to reconcile net income to net cash provided by operating activities:    
Deferred income taxes, net (71) (110)
Provision for loan and lease losses 180 80
Depreciation, amortization and accretion, net 433 691
Share-based compensation 193 145
Increase in cash surrender value of bank-owned life insurance (206) (207)
Net gain on foreclosed properties, including impairment valuation 0 (30)
Excess tax benefit from share-based compensation (12) (4)
(Increase) decrease in accrued interest receivable and other assets (262) 973
Decrease in accrued interest payable and other liabilities (636) (2,761)
Net cash provided by operating activities 2,956 2,021
Investing activities    
Proceeds from maturities of available-for-sale securities 13,300 15,719
Purchases of available-for-sale securities (18,706) (17,829)
Proceeds from sale of foreclosed properties 0 699
Net increase in loans and leases (4,348) (4,669)
Investment in limited partnerships 0 (500)
Distributions from limited partnerships 0 664
Investment in FHLB Stock (124) 0
Proceeds from sale of FHLB Stock 124 0
Purchases of leasehold improvements and equipment, net (113) (236)
Net cash used in investing activities (9,867) (6,152)
Financing activities    
Net increase (decrease) in deposits 6,845 (20,468)
Repayment of FHLB advances 0 (469)
Net increase in short-term borrowed funds 0 15,000
Repayment of subordinated notes payable (4,000) 0
Excess tax benefit from share-based compensation 12 4
Cash dividends paid (828) (274)
Exercise of stock options 0 1,137
Purchase of treasury stock (8) (1,173)
Net cash provided by (used in) financing activities 2,021 (6,243)
Net decrease in cash and cash equivalents (4,890) (10,374)
Cash and cash equivalents at the beginning of the period 81,286 85,586
Cash and cash equivalents at the end of the period 76,396 75,212
Supplementary cash flow information    
Interest paid on deposits and borrowings 2,102 2,995
Income taxes paid $ 628 $ 1,974