Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
Mar. 31, 2012	Mar. 31, 2011
Cash flows from operating activities
Net income	$ 2,913,000	$ 3,143,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	333,000	341,000
Change in deferred taxes	(644,000)	(238,000)
Provision for loan losses	2,100,000	2,100,000
Loans originated for resale	(1,704,000)	(15,794,000)
Proceeds from sales and transfers of loans	1,520,000	18,150,000
Net gain on sale or call of securities held-to-maturity	(523,000)	0
Net loss on sale of other real estate owned	43,000	46,000
Provision for losses on other real estate owned	0	68,000
Equity compensation expense	24,000	6,000
Net (increase) decrease in other assets and accrued interest	417,000	(147,000)
Net increase in other liabilities	1,393,000	262,000
Net loss on disposal of premises and equipment	0	5,000
Net amortization of premiums on investments	697,000	914,000
Amortization of investment in limited partnership	119,000	97,000
Net acquisition amortization	32,000	32,000
Net cash provided by operating activities	6,720,000	8,985,000
Cash flows from investing activities
Decrease in interest-bearing deposits in other banks	(1,532,000)	0
Proceeds from maturities, payments and calls of securities available for sale	11,656,000	17,365,000
Proceeds from sales of securities available for sale	10,943,000	0
Proceeds from maturities, payments and calls of securities to be held to maturity	5,924,000	6,074,000
Proceeds from sales of other real estate owned	268,000	779,000
Purchases of securities available for sale	(54,096,000)	(49,309,000)
Purchases of securities to be held to maturity	(20,936,000)	(8,794,000)
Redemption of Federal Home Loan Bank stock	620,000	0
Net increase in loans	(8,481,000)	(9,043,000)
Capital expenditures	(213,000)	(51,000)
Net cash used in investing activities	(55,847,000)	(42,979,000)
Cash flows from financing activities
Net increase (decrease) in demand, savings, and money market accounts	(7,095,000)	3,343,000
Net increase in certificates of deposit	81,629,000	72,428,000
Net decrease in short-term borrowings	(25,505,000)	(39,789,000)
Repurchase of preferred stock	12,500,000
Proceeds from sale of common stock	183,000	95,000
Dividends paid	(2,077,000)	(2,221,000)
Net cash provided by financing activities	47,135,000	33,856,000
Net decrease in cash and cash equivalents	(1,992,000)	(138,000)
Cash and cash equivalents at beginning of period	14,115,000	13,838,000
Cash and cash equivalents at end of period	12,123,000	13,700,000
Interest paid	3,390,000	3,861,000
Non-cash transactions
Net transfer from loans to other real estate owned	$ 431,000	$ 539,000

The amount outstanding of funds lent to other depository institutions, securities brokers, or securities dealers in the form of Federal Funds sold; for example, immediately available funds lent under agreements or contracts that mature in one business day or roll over under a continuing contract, regardless of the nature of the transaction or the collateral involved, excluding overnight lending for commercial and industrial purposes. Also include Federal Funds sold under agreements to resell on a gross basis, excluding (1) sales of term Federal Funds, (2) due bills representing purchases of securities or other assets by the reporting bank that have not yet been delivered and similar instruments, (3) resale agreements that mature in more than one business day involving assets other than securities, and (4) yield maintenance dollar repurchase agreements.

No definition available.