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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 8,061 $ 7,660
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Net decrease in deferred loan fees (111) (336)
Depreciation 1,043 1,019
Accretion (881) (730)
Amortization 5,995 5,841
Stock-based compensation 184 93
Tax benefit from exercise of stock options (4) (6)
Provision for credit losses 600 (400)
Net realized gains on sales of available-for-sale investment securities (1,459) (573)
Net gain on sale and disposal of equipment 6 191
Net gain on sale of other real estate owned (11) (63)
Increase in bank owned life insurance, net of expenses (451) (459)
Net gain on bank owned life insurance (345) 0
Net decrease (increase) in accrued interest receivable and other assets 2,079 (505)
Net decrease in accrued interest payable and other liabilities (421) (409)
Provision for deferred income taxes 6 1,201
Net cash provided by operating activities 14,291 12,524
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of available-for-sale investment securities (156,905) (137,360)
Proceeds from sales or calls of available-for-sale investment securities 92,647 73,982
Proceeds from maturity and principal repayments of available-for-sale investment securities 39,359 36,133
Net increase in loans (26,633) (43,598)
Proceeds from sale of other real estate owned 359 488
Purchases of premises and equipment (594) (1,112)
Purchases of bank owned life insurance (325) (900)
FHLB stock purchased 32 292
Proceeds from bank owned life insurance 1,365 0
Proceeds from sale of premises and equipment 0 1
Net cash used in investing activities (50,759) (72,658)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in demand, interest bearing and savings deposits 40,301 12,745
Net decrease in time deposits (4,599) (8,025)
Proceeds from exercise of stock options 38 45
Excess tax benefit from exercise of stock options 4 6
Cash dividend payments on common stock (1,318) (1,641)
Net cash provided by financing activities 34,426 3,130
Decrease in cash and cash equivalents (2,042) (57,004)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 77,328 112,052
CASH AND CASH EQUIVALENTS AT END OF PERIOD 75,286 55,048
Cash paid during the period for:    
Interest 798 904
Income taxes 845 1,030
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
Purchases of available-for-sale investment securities, not yet settled $ 0 $ 1,203