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Consolidated Statements Of Cash Flows (USD $)
In Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Dec. 31, 2010
Cash flows from operating activities      
Net Income $ 754 $ 1,136 $ 1,820
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation 367 411  
Net amortization and accretion of premiums and discounts on securities 292 261  
(Gain) on sale of available-for-sale securities (200) (222)  
Loss on sale of assets   36  
Provision for loan losses 1,485 835  
Loss on sale of other real estate owned 215    
(Increase) in cash value of life insurance (110) (119)  
Stock compensation expense   2  
Provision for deferred income taxes   14  
Decrease in interest receivable 54 633  
Decrease in other assets 350 404  
(Increase) decrease in income taxes receivable (45) 362  
(Decrease) in interest payable (1) (59)  
(Decrease) increase in other liabilities (161) 179  
Net cash provided by operating activities 3,000 3,873  
Cash flows from investing activities      
Purchases of securities held-to-maturity (1,000)    
Proceeds from maturities and calls of securities held-to-maturity 6,000    
Purchases of securities available-for-sale (26,318) (10,234)  
Proceeds from maturities, calls and paydowns of securities available-for-sale 4,911 4,540  
Proceeds from sale of securities available-for-sale 11,928 25,490  
(Purchase) of Federal Reserve Bank stock   (30)  
Sale of Federal Home Loan Bank stock 100    
Proceeds from sale of other real estate owned 974    
Improvements to other real estate owned (10)    
Origination of loans, net of principal collected (2,391) (7,343)  
Purchases of premises and equipment (549) (206)  
Net cash (used in) provided by investing activities (6,335) 12,217  
Cash flows from financing activities      
Net increase (decrease) in deposits 8,161 (20,417)  
Net increase (decrease) in repurchase agreements 1,220 (2,034)  
Net (decrease) in Federal Home Loan Bank advances   (10,000)  
Proceeds from exercise of stock options   52  
Net cash provided by (used in) financing activities 9,381 (32,399)  
Increase (decrease) in cash and cash equivalents 6,026 (16,309)  
Cash and cash equivalents at beginning of period 18,759 31,305 31,305
Cash and cash equivalents at end of period 24,785 14,996 18,759
Non cash transactions      
Transfer of loans to foreclosed assets 2,020 88  
Fair value adjustment for securities 1,097 1,050  
Cash transactions      
Cash paid for interest 2,326 3,633  
Cash paid for taxes $ 375 $ 590