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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 5,544 $ 5,309
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Net decrease in deferred loan fees (44) (146)
Depreciation 688 675
Accretion (566) (451)
Amortization 4,008 3,807
Stock-based compensation 123 54
Tax benefit from exercise of stock options (4) (6)
Provision for credit losses 500 (400)
Net realized gains on sales of available-for-sale investment securities (1,459) (333)
Net gain on sale and disposal of equipment 6 66
Net gain on sale of other real estate owned (11) (63)
Increase in bank owned life insurance, net of expenses (308) (303)
Net gain on bank owned life insurance (345) 0
Net decrease in accrued interest receivable and other assets 1,689 22
Net decrease in accrued interest payable and other liabilities (937) (903)
(Benefit) provision for deferred income taxes (56) 815
Net cash provided by operating activities 8,828 8,143
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of available-for-sale investment securities (124,240) (96,574)
Proceeds from sales or calls of available-for-sale investment securities 92,647 52,241
Proceeds from maturity and principal repayments of available-for-sale investment securities 27,058 22,856
Net increase in loans (23,186) (34,388)
Proceeds from sale of other real estate owned 359 488
Purchases of premises and equipment (322) (739)
Purchases of bank owned life insurance (325) (900)
FHLB stock purchased 32 292
Proceeds from bank owned life insurance 1,365 0
Net cash used in investing activities (26,676) (57,308)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in demand, interest bearing and savings deposits 27,778 10,157
Net decrease in time deposits (4,307) (5,088)
Proceeds from exercise of stock options 36 25
Excess tax benefit from exercise of stock options 4 6
Cash dividend payments on common stock (659) (1,092)
Net cash provided by financing activities 22,852 4,008
Increase (decrease) in cash and cash equivalents 5,004 (45,157)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 77,328 112,052
CASH AND CASH EQUIVALENTS AT END OF PERIOD 82,332 66,895
Cash paid during the period for:    
Interest 519 627
Income taxes 345 620
Non-cash investing and financing activities:    
Foreclosure of loan collateral and recognition of other real estate owned 227 235
Assumption of other real estate owned liabilities 121 0
Transfer of securities from available-for-sale to held-to-maturity 0 31,346
Unrealized gain on transfer of securities from available-for-sale to held-to-maturity $ 0 $ 163