XML 19 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net income $ 2,056 $ 2,237
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and accretion 1,573 989
Provision for credit losses 150 375
Gains on disposals of assets, net (118) (352)
Impairment of securities and stocks   92
Income on investment in life insurance (185) (180)
Write-downs of other real estate owned   40
Changes in assets and liabilities:    
(Increase) decrease in other assets (181) 550
Decrease in other liabilities (32) (100)
Net cash provided by operating activities 3,263 3,651
Cash flows from investing activities:    
Maturities of available for sale mortgage-backed securities 20,815 15,079
Proceeds from maturities and sales of other investment securities 9,172 9,715
Purchases of investment securities (22,479) (31,715)
Sales of Federal Home Loan Bank stock 72 166
Purchase of life insurance contracts   (240)
Proceeds from sales of other real estate 500 285
(Increase) decrease in loans, net (19,298) 1,467
Proceeds from the disposition of premises and equipment   10
Purchases of premises and equipment (148) (338)
Net cash used by investing activities (11,366) (5,571)
Cash flows from financing activities:    
Increase in deposits, net 12,236 15,257
Decrease in short-term borrowings, net (255) (4,055)
Dividends paid (817) (813)
Common stock dividends reinvested 111 119
Net cash provided by financing activities 11,275 10,508
Increase in cash and cash equivalents 3,172 8,588
Cash and cash equivalents, beginning of year 9,954 9,000
Cash and cash equivalents, end of period $ 13,126 $ 17,588