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Consolidated Statements Of Cash Flows (USD $)
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash Flows From Operating Activities    
Net income $ 215,372 $ 277,440
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 407,458 448,494
Net amortization and accretion of securities 38,178 24,369
Provision for loan losses 220,000 392,844
Stock-based compensation 7,948 9,527
Deferred income tax (benefit)   (20,805)
(Gain) on securities available-for-sale (123,583) (138,842)
Increase in OREO valuation allowance 249,835  
Loss (Gain) on sale of other real estate 38,218 (32,261)
(Gain) on disposal of fixed assets (4,082)  
Decrease in accrued income and other assets 297,060 549,804
(Decrease) increase in other liabilities (73,710) 79,950
Net cash provided by operating activities 1,272,694 1,590,520
Cash Flows From Investing Activities    
Proceeds from maturities and principal paydowns of available-for-sale securities 4,769,373 1,304,634
Proceeds from sales and calls of available-for-sale securities 4,081,190 9,722,377
Purchases of available-for-sale securities (5,480,327) (9,727,304)
Sales (purchases) of restricted securities 76,700 (120,000)
(Increase) in interest bearing deposits in other banks (14,618,961) (3,102,027)
(Increase) in federal funds sold (587,461) (2,421,182)
Loan principal collections, net 8,502,482 119,745
Proceeds from sale of other real estate 1,879,456 290,761
Purchases of premises and equipment (97,970) (106,051)
Net cash (used in) investing activities (1,475,518) (4,039,047)
Cash Flows From Financing Activities    
Increase in demand, savings, and other interest-bearing deposits 3,301,377 2,824,571
Net increase in time deposits 2,902,003 465,557
Net (decrease) increase in securities sold under repurchase agreements and federal funds purchased (106,247) 253,416
Decrease in FHLB advances (5,000,000)  
Dividends paid and cash in lieu of fractional shares   (665)
Net cash provided by financing activities 1,097,133 3,542,879
Net increase in cash and due from banks 894,309 1,094,351
Cash and due from banks at beginning of period 3,275,584 3,461,483
Cash and due from banks at end of period 4,169,893 4,555,834
Supplemental Schedule of Cash Flow Information    
Interest paid 2,354,537 2,816,982
Income taxes paid 103,827  
Unrealized gain on investment securities 385,616 296,418
Loans transferred to other real estate owned $ 1,220,132 $ 2,512,044