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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 1,567 $ 4,822 $ 3,548
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:      
Depreciation   577 675
Accretion and amortization of securities   1,587 1,422
Amortization of servicing rights 90 372 181
Amortization of core deposit intangible   156 156
Provision for loan losses 657 206 1,429
Gain on sale of loans held for sale   (783) (138)
Originations of loans held for sale   (69,946) (16,958)
Proceeds from sale of loans held for sale   71,746 18,501
Loss on sale of other assets   277 814
Gain on sale of investment securities (33) (169) (372)
Change in Operating Assets and Liabilities, net   4,814 (922)
Net Cash Provided by Operating Activities   13,659 8,336
Activity in securities:      
Maturities, prepayments and calls   16,428 12,806
Sales   24,584 19,758
Purchases   (71,740) (69,960)
Proceeds from sale of assets   2 10
Additions to premises and equipment   (477) (629)
Loan originations and principal collections, net   5,786 18,240
Net Cash (Used) in Investing Activities   (25,417) (19,775)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net increase (decrease) in deposits   10,769 (1,906)
Net change in short-term debt   2,034 (2,295)
Repayments of long-term debt   (34) (3,109)
Purchase of Treasury stock   (683) (220)
Cash dividends paid on common stock   (1,780) (1,785)
Net Cash Provided (used) by Financing Activities   10,306 (9,315)
Net (Decrease) in cash and cash equivalents   (1,452) (20,754)
Cash and cash equivalents - Beginning of year   43,143 43,379
Cash and cash equivalents - End of period 22,625 41,691 22,625
RECONCILIATION OF CASH AND CASH EQUIVALENTS:      
Cash and cash due from banks 13,357 15,579 13,357
Interest bearing deposits with banks 7,234 14,049 7,234
Federal funds sold 2,034 12,063 2,034
Total cash and cash equivalents 22,625 41,691 22,625
Cash paid during the period for:      
Interest   3,295 4,385
Income Taxes   2,266 565
Noncash investing activities:      
Transfer of loans to other real estate owned   $ 182 $ 1,516