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Consolidated Statements of Changes in Shareholders' Equity (USD $)
Total
Preferred Stock
Common stock and additional paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Balance at Dec. 31, 2008 $ 117,181,000   $ 44,214,000 $ 74,057,000 $ (1,090,000)
Balance (in shares) at Dec. 31, 2008 9,696,397        
Net income 13,042,000     13,042,000  
Net unrealized loss on securities available for sale, net of tax benefit         694,000
Unrecognized actuarial gain for post retirement benefits, net of taxes 60,000       60,000
Comprehensive income 3,796,000     13,042,000 754,000
Cash dividends declared (8,649,000)     (8,649,000)  
Equity compensation expense 37,000   37,000    
Proceeds from sale of preferred stock 25,000,000 25,000,000      
Discount on preferred stock issuance   (493,000) 493,000    
Amortization of discount for preferred stock issuance   99,000 (99,000)    
Payments to repurchase common stock (263,000)   263,000    
Payment to repurchase common stock (in shares)     (15,925)    
Proceeds from sale of common stock 836,000   836,000    
Proceeds from sale of common stock (in shares)     63,698    
Balance at Dec. 31, 2009 147,938,000 24,606,000 45,218,000 78,450,000 (336,000)
Balance (in shares) at Dec. 31, 2009 9,744,170        
Net income 12,116,000     12,116,000  
Net unrealized loss on securities available for sale, net of tax benefit         (1,932,000)
Unrecognized actuarial gain for post retirement benefits, net of taxes 138,000       138,000
Comprehensive income 10,322,000     12,116,000 (1,794,000)
Cash dividends declared (8,865,000)     (8,865,000)  
Equity compensation expense 37,000   37,000    
Proceeds from sale of preferred stock 0        
Amortization of discount for preferred stock issuance   99,000 (99,000)    
Payments to repurchase common stock 0        
Proceeds from sale of common stock 416,000   416,000    
Proceeds from sale of common stock (in shares)     28,855    
Balance at Dec. 31, 2010 149,848,000 24,705,000 45,572,000 81,701,000 (2,130,000)
Balance (in shares) at Dec. 31, 2010 9,773,025        
Net income 12,364,000       12,364,000
Net unrealized loss on securities available for sale, net of tax benefit 9,458,000       9,458,000
Unrecognized actuarial gain for post retirement benefits, net of taxes (14,000)       (14,000)
Comprehensive income 21,808,000     12,364,000 9,444,000
Cash dividends declared (8,751,000)     (8,751,000)  
Equity compensation expense 22,000   22,000    
Proceeds from sale of preferred stock 0        
Amortization of discount for preferred stock issuance   98,000 (98,000)    
Payments to repurchase common stock 0        
Proceeds from sale of common stock 431,000   431,000    
Proceeds from sale of common stock (in shares)     39,155    
Payment to repurchase preferred stock (12,500,000) (12,500,000)      
Balance at Dec. 31, 2011 $ 150,858,000 $ 12,303,000 $ 45,927,000 $ 85,314,000 $ 7,314,000
Balance (in shares) at Dec. 31, 2011 9,812,180