XML 22 R5.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Statements Of Cash Flows (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities    
Net income $ 644 $ 591
Adjustments to reconcile net income to net cash provided by operations:    
Depreciation and amortization 120 120
Accretion of discounts on securities, net of amortization of premiums 185 195
Provision for loan losses 439 271
Net realized (gains) losses on securities (43) (98)
Net realized (gains) losses on sale of foreclosed assets 20 21
Deferred compensation and pension expense (benefit)    
Changes in operating assets and liabilities:    
Accrued income 51 (102)
Other Assets (444) (39)
Accrued interest payable (24) 7
Other liabilities 456 (175)
Net cash provided by operating activities 1,404 791
Cash flows from investing activities    
Net increase (decrease) in interest-bearing deposits in banks 7,521 (4,876)
Net (increase) decrease in federal funds sold (7,425) 2,425
Purchases of available for sale securities (13,063) (13,558)
Sales of available for sale securities 2,849 983
Maturities, calls and paydowns of available for sale securities 5,101 8,937
Purchases of held to maturity securities   (1,306)
Maturities, calls and paydowns of held to maturity securities 605 2,308
Call (purchase) of restricted equity securities (27)  
Proceeds from sale of foreclosed assets 210 10
Net decrease in loans 6,594 839
Net (purchases) dispositions of bank premises and equipment 763 (287)
Net cash provided (used) by investing activities 3,128 (4,525)
Cash flows from financing activities    
Net increase in noninterest-bearing deposits 96 1,188
Net increase (decrease) in interest-bearing deposits (4,098) 2,007
Dividends Paid (123) (123)
Net cash (used in) provided by financing activities (4,125) 3,072
Net increase (decrease) in cash and cash equivalents 407 (662)
Cash and cash equivalents, beginning 2,948 3,498
Cash and cash equivalents, ending 3,355 2,836
Supplemental disclosures of cash flow information    
Interest paid 1,561 2,235
Income taxes paid 296 213
Supplemental disclosures of noncash activities    
Other real estate acquired in settlement of loans   $ 230