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Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 5,781,000 $ 6,116,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 1,760,000 1,260,000
Depreciation 414,000 433,000
Amortization of intangible assets 80,000 92,000
Deferred income taxes 184,000 (179,000)
Net amortization of securities premiums and discounts 711,000 645,000
Net realized gain on sales of securities (508,000) (904,000)
Earnings and proceeds on bank owned life insurance (497,000) (514,000)
Loss on sale of foreclosed real estate 271,000 182,000
Gain on sale of mortgage loans (56,000) (72,000)
Mortgage loans originated for sale (2,605,000) (2,228,000)
Proceeds from sale of mortgage loans originated for sale 2,661,000 2,300,000
Compensation expense related to stock options 49,000 120,000
Compensation expense related to restricted stock 49,000 0
Increase in accrued interest receivable and other assets (609,000) (157,000)
Increase in accrued interest payable and other liabilities 531,000 659,000
Net cash provided by operating activities 8,216,000 7,753,000
CASH FLOWS FROM INVESTING ACTIVITIES    
Securities available for sale: Proceeds from sales 28,850,000 39,117,000
Securities available for sale: Proceeds from maturities and principal reductions on mortgage-backed securities 19,408,000 12,021,000
Securities available for sale: Purchases (44,987,000) (47,611,000)
Proceeds from maturities on securities held to maturity 0 175,000
Purchase of regulatory stock (1,830,000) (1,811,000)
Redemption of regulatory stock 1,056,000 1,478,000
Net increase in loans (44,592,000) (3,752,000)
Proceeds from life insurance policies 0 75,000
Purchase of premises and equipment (184,000) (145,000)
Proceeds from sale of foreclosed real estate 2,378,000 547,000
Net cash (used in) provided by investing activities (39,901,000) 94,000
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in deposits 11,409,000 7,156,000
Net increase (decrease) in short-term borrowings 15,851,000 (5,210,000)
Repayments of other borrowings (9,038,000) (1,169,000)
Proceeds from other borrowings 16,000,000 0
Stock options exercised 310,000 227,000
Tax benefit of stock options exercised 14,000 5,000
Purchase of treasury stock (135,000) (179,000)
Cash dividends paid (3,386,000) (3,277,000)
Net cash provided by (used in) financing activities 31,025,000 (2,447,000)
(Decrease) increase in cash and cash equivalents (660,000) 5,400,000
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 12,376,000 7,863,000
CASH AND CASH EQUIVALENTS, END OF PERIOD 11,716,000 13,263,000
Supplemental Disclosure of Cash Flow Information    
Cash payments for: Interest on deposits and borrowings 2,403,000 2,462,000
Cash payments for: Income taxes paid, net of refunds 1,881,000 2,016,000
Supplemental Schedule of Noncash Investing Activities    
Transfers of loans to foreclosed real estate and repossession of other assets 290,000 4,670,000
Cash dividends declared $ 1,142,000 $ 1,094,000