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CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net income $ 520 $ 598
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 166 437
Depreciation and amortization 256 260
Gain on disposition of asset 0 (104)
Amortization of discounts/premiums on investments, net 75 18
Loan purchase accounting amortization, net 130 130
Deferred loan origination fees and costs, net 108 71
Gains on sale of available for sale securities (256) (106)
Increase in cash surrender value of bank owned life insurance (152) (147)
Loss (gain) on sale of other real estate owned 42 (162)
Writedown of other real estate owned 38 80
Changes in:    
Accrued interest receivable and other assets 374 (400)
Other liabilities 3,382 (440)
Net cash provided by operating activities 4,683 235
Activity in available-for-sale securities:    
Sales 7,224 3,687
Maturities, prepayments and calls 819 1,723
Principal collections 7,478 2,407
Purchases (40,263) (17,289)
Net decrease in loans 8,050 5,392
Purchases of bank premises and equipment (263) (46)
Proceeds from BOLI premium (6) (6)
Proceeds from disposition of asset 0 110
Proceeds from sale of real estate owned 400 914
Net cash used in investing activities (16,561) (3,108)
Cash flows from financing activities:    
Net (decrease) increase in deposits 2,228 (9,065)
Net increase (decrease) from other borrowings 48 (14)
Cash dividends (178) (175)
Net cash provided by (used in) financing activities 2,098 (9,254)
Net decrease in cash and cash equivalents (9,780) (12,127)
Cash and cash equivalents as of the beginning of the period 61,296 74,575
Cash and cash equivalents as of the end of the period 51,516 62,448
(Decrease) increase in unrealized gains on available for sale securities 267 694
Net transfers in to other real estate owned from loans 337 1,326
Accretion of Series B preferred stock issuance costs 1 1
Cash paid during period for:    
Interest 813 1,023
Income taxes $ 181 $ 181