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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net income $ 6,132 $ 4,452
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on investment of securities (6) (71)
Gain on sales of loans (68) (94)
Gain on disposal of fixed assets (15) 0
Loss on sale on foreclosed assets 269 177
Writedowns on foreclosed assets 188 1,395
Share-based compensation expense 150 122
Provision for loan losses 2,050 5,910
Depreciation and amortization 1,151 1,190
Net amortization on securities premiums and discounts 4,337 4,019
Increase in unearned net loan fees (81) (324)
Increase in cash surrender value of life insurance policies (933) (861)
Proceeds from sales of loans portfolio 2,288 3,954
Net Increase in loans held-for-sale (2,533) (3,007)
Decrease (Increase) in interest receivable and other assets 3,641 (314)
Decrease in other liabilities (633) (172)
Net Decrease in FHLB Stock 438 634
Deferred Income Tax Provision 8 88
Excess tax benefit from equity based compensation (103) (36)
Net cash provided by operating activities 16,280 17,062
Cash flows from investing activities:    
Maturities of securities available for sale 439 135
Proceeds from sales/calls of securities available for sale 1,221 7,000
Purchases of securities available for sale (77,966) (73,752)
Principal pay downs on securities available for sale 52,339 48,591
Net Decrease (Increase) in loans receivable, net 63,776 (80,230)
Purchases of premises and equipment, net (226) (2,481)
Proceeds from sales of foreclosed assets 10,546 10,569
Net cash provided by (used in) investing activities 50,129 (90,168)
Cash flows from financing activities:    
(Decrease) Increase in deposits (19,019) 63,265
Decrease in borrowed funds (41,650) (2,480)
Increase (Decrease) in repurchase agreements 544 (147)
Cash dividends paid (1,694) (1,692)
Stock options exercised 471 14
Excess tax benefit from equity based compensation 103 36
Net cash (used in) provided by financing activities (61,245) 58,996
Increase (Decrease) in cash and due from banks 5,164 (14,110)
Cash and Cash Equivalents    
Beginning of period 61,818 63,036
End of period $ 66,982 $ 48,926