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Consolidated Statements Of Cash Flows (Unaudited) (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
OPERATING ACTIVITIES    
Net income $ 1,013 $ 1,150
Adjustments to reconcile net income to cash provided by operating activities    
Provision for loan losses 525 525
Proceeds from sales of loans 0 144
Originations of loans held-for-sale 0 (146)
Realized losses (gains) on sales of:    
Real estate acquired through foreclosure (40) 51
Loans 0 2
Premises and equipment 0 1
Available-for-sale investment securities (323) (28)
Depreciation 340 324
Amortization of mortgage servicing rights 13 16
Amortization of deferred loan costs 106 109
Earnings on bank owned life insurance (117) (140)
Net amortization of premiums and discounts on investment securities 207 148
Stock based compensation 2 0
Decrease (increase) in accrued interest receivable 69 (181)
Net change in other assets and liabilities (1,414) (1,376)
Net cash provided by operating activities 381 599
INVESTING ACTIVITIES    
Purchase of investment securities available-for-sale (22,112) (36,600)
Net proceeds from the redemption (purchase) of Federal Home Loan Bank stock 319 (214)
Proceeds from maturities and principal reductions of investment securities available-for-sale 13,580 15,167
Proceeds from sale of:    
Available-for-sale investment securities 5,451 1,789
Real estate acquired through foreclosure 257 128
Premises and equipment 0 24
Purchase of bank owned life insurance (800) 0
Net increase in loans (5,263) (8,134)
Purchase of premises and equipment (1,440) (841)
Net cash used in investing activities (10,008) (28,681)
FINANCING ACTIVITIES    
Net increase in demand deposits, NOW accounts, savings accounts, money management deposit accounts, MMDA accounts and escrow deposits 15,814 24,823
Net increase (decrease) in time deposits 2,033 (6,015)
Net (repayments) proceeds from short-term borrowings (5,894) 7,236
Payments on long-term borrowings (6,000) (5,000)
Proceeds from long-term borrowings 3,000 2,000
Proceeds from exercise of stock options 14 0
Cash dividends paid to preferred shareholders (170) (169)
Cash dividends paid to common shareholders (149) (149)
Net cash provided by financing activities 8,648 22,726
Decrease in cash and cash equivalents (979) (5,356)
Cash and cash equivalents at beginning of period 13,763 14,631
Cash and cash equivalents at end of period 12,784 9,275
CASH PAID DURING THE PERIOD FOR:    
Interest 2,248 2,447
Income taxes 1,006 402
NON-CASH INVESTING ACTIVITY    
Transfer of loans to foreclosed real estate $ 789 $ 59