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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 $ 326,000 $ 467,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 44,000 174,000
Depreciation and amortization 176,000 180,000
Gain on disposition of asset 0 (104,000)
Amortization of discounts/premiums on investments, net 86,000 10,000
Loan purchase accounting amortization, net 87,000 87,000
Deferred loan origination fees and costs, net 88,000 29,000
Gains on sale of available for sale securities (189,000) (38,000)
Increase in cash surrender value of bank owned life insurance (100,000) (97,000)
Loss (gain) on sale of other real estate owned 26,000 (141,000)
Writedown of other real estate owned 0 80,000
Changes in:    
Accrued interest receivable and other assets 181,000 (1,000)
Other liabilities (389,000) (66,000)
Net cash provided by operating activities 336,000 580,000
Activity in available-for-sale securities:    
Sales 4,755,000 2,931,000
Maturities, prepayments and calls 789,000 650,000
Principal collections 3,839,000 1,615,000
Purchases (26,896,000) (15,189,000)
Net decrease in loans 6,717,000 4,063,000
Purchases of bank premises and equipment (100,000) (3,000)
Proceeds from BOLI premium (6,000) (6,000)
Proceeds from disposition of asset 0 110,000
Proceeds from sale of real estate owned 171,000 332,000
Net cash (used in) provided by investing activities (10,731,000) (5,497,000)
Cash flows from financing activities:    
Net (decrease) increase in deposits (15,679,000) (44,000)
Net decrease from other borrowings 98,000 (10,000)
Cash dividends (118,000) (118,000)
Net cash (used in) provided by financing activities (15,699,000) (172,000)
Net (decrease) increase in cash and cash equivalents (26,094,000) (5,089,000)
Cash and cash equivalents as of the beginning of the period 61,296,000 74,575,000
Cash and cash equivalents as of the end of the period 35,202,000 69,486,000
(Decrease) increase in unrealized gains on available for sale securities (74,000) 467,000
Net transfers in to other real estate owned from loans 337,000 877,000
Accretion of Series B preferred stock issuance costs 1,000 1,000
Cash paid during period for:    
Interest 622,000 739,000
Income taxes $ 181,000 $ 61,000