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Consolidated Statements of Cash Flows (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash Flows From Operating Activities    
Net income $ 202,677 $ 215,372
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 400,322 407,458
Net amortization and accretion of securities 126,999 38,178
Provision for loan losses 642,685 220,000
Stock-based compensation 2,925 7,948
(Gain) loss on securities available-for-sale (502,816) (123,583)
Increase in OREO valuation allowance 111,094 249,835
Loss on sale of other real estate 212,755 38,218
Loss (gain) on disposal of fixed assets 4,906 (4,082)
Decrease in accrued income and other assets 323,309 297,060
Increase (decrease) in other liabilities 78,210 (73,710)
Net cash provided by operating activities 1,603,066 1,272,694
Cash Flows From Investing Activities    
Proceeds from maturities and principal paydowns of available-for-sale securities 1,610,448 4,769,373
Proceeds from sales and calls of available-for-sale securities 9,849,763 4,081,190
Purchases of available-for-sale securities (3,861,484) (5,480,327)
Sales of restricted securities 315,900 76,700
(Increase) in interest bearing deposits in other banks (2,801,877) (14,618,961)
Decrease (increase) in federal funds sold 1,906,080 (587,461)
Loan (originations) and principal collections, net (6,695,008) 8,502,482
Proceeds from sale of other real estate 674,550 1,879,456
(Purchases) of premises and equipment (59,947) (97,970)
Net cash provided by (used in) investing activities 938,425 (1,475,518)
Cash Flows From Financing Activities    
Increase in demand, savings, and other interest-bearing deposits 4,973,377 3,301,377
Net (decrease) increase in time deposits (2,075,541) 2,902,003
Net increase (decrease) in securities sold under repurchase agreements 3,795,242 (106,247)
(Decrease) in FHLB advances   (5,000,000)
Net cash provided by financing activities 6,693,078 1,097,133
Net increase in cash and due from banks 9,234,569 894,309
Cash and due from banks at beginning of period 4,728,895 3,275,584
Cash and due from banks at end of period 13,963,464 4,169,893
Supplemental Schedule of Cash Flow Information    
Interest paid 1,765,190 2,354,537
Income taxes paid   103,827
Unrealized gain (loss) on investment securities (286,900) 385,616
Loans transferred to other real estate owned $ 1,403,983 $ 1,220,132