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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
OPERATING ACTIVITIES    
Net income $ 1,056 $ 1,565
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision (credit) for loan losses (250) (625)
Depreciation expense 386 375
Net amortization of investment securities 226 262
Net realized gains on investment securities available for sale (71)   
Net gains on loans held for sale (386) (276)
Amortization of deferred loan fees (82) (45)
Origination of mortgage loans held for sale (16,288) (17,168)
Sales of mortgage loans held for sale 23,309 21,601
Decrease (increase) in accrued interest income receivable (345) 70
Decrease in accrued interest payable (338) (325)
Earnings on bank owned life insurance (201) (215)
Deferred income taxes 401 521
Stock based compensation expense 17 6
Decrease in prepaid Federal Deposit Insurance 120 100
Other, net (736) (1,350)
Net cash provided by operating activities 6,818 4,496
INVESTING ACTIVITIES    
Purchases of investment securities - available for sale (10,170) (11,517)
Purchases of investment securities - held to maturity (3,423)   
Proceeds from sales of investment securities - available for sale 1,218   
Proceeds from maturities of investment securities - available for sale 13,305 15,852
Proceeds from maturities of investment securities - held to maturity 755 453
Proceeds from redemption of regulatory stock 614 294
Long-term loans originated (34,833) (37,246)
Principal collected on long-term loans 42,737 36,401
Loans purchased or participated (3,000) (4,000)
Loans sold or participated 1,000   
Proceeds from sale of other real estate owned 113   
Purchases of premises and equipment (1,146) (521)
Net cash provided by (used in) investing activities 7,170 (284)
FINANCING ACTIVITIES    
Net increase in deposit balances 11,460 3,730
Net decrease in other short-term borrowings (15,660) (14,375)
Principal borrowings on advances from Federal Home Loan Bank 9,000   
Principal repayments on advances from Federal Home Loan Bank (6,000) (1,000)
Purchases of treasury stock    (1,085)
Preferred stock dividends (52) (263)
Net cash used in financing activities (1,252) (12,993)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 12,736 (8,781)
CASH AND CASH EQUIVALENTS AT JANUARY 1 26,820 34,783
CASH AND CASH EQUIVALENTS AT MARCH 31 $ 39,556 $ 26,002