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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash flows from operating activities:      
Net earnings $ 4,473 $ 5,780 $ 4,599
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation 3,265 3,300 3,587
Amortization of purchase accounting adjustments (752) 98 121
Provision for loan losses 3,925 5,020 5,450
Deferred tax benefit (491) (1,033) (541)
Amortization of premiums on securities, net 910 1,226 970
Amortization of other investments 14 0 0
Net loss on sale of other real estate 66 150 55
Write down of other real estate owned 476 241 76
Net loss on sale of premises and equipment 126 132 18
Stock compensation expense 13 6 20
Restricted stock expense 62 44 0
(Gain) loss on liquidation and/or impairment of equity security in securities available-for-sale (99) (3) 178
Change in accrued interest receivable (331) 180 548
Change in accrued interest payable (120) (149) (462)
Change in other assets and liabilities, net 1,667 2,271 (3,356)
Net cash provided by operating activities 13,204 17,263 11,263
Cash flows from investing activities, net of effect of purchase acquisitions in 2011:      
Net change in time deposits in other banks 5,164 20,958 (17,099)
Proceeds from liquidation of equity security included in securities available-for-sale 0 75 0
Proceeds from maturities and calls of securities available-for-sale 81,030 33,242 77,703
Proceeds from maturities and calls of securities held-to-maturity 900 1,455 3,453
Proceeds from sale of securities available-for-sale 3,895 0 0
Purchases of securities available-for-sale (149,332) (26,107) (121,369)
Purchases of securities held-to-maturity (101,493) 0 0
Proceeds from redemption of other investments 82 0 600
Purchases of other investments (449) (173) (1,201)
Net change in loans (49,875) (1,050) 17,903
Purchases of premises and equipment (3,656) (1,291) (1,770)
Proceeds from sale of premises and equipment 9 3 9
Proceeds from sale of other real estate owned 541 766 177
Purchase of other real estate 0 (450) 0
Net cash (used in) provided by investing activities (47,506) 27,428 (41,594)
Cash flows from financing activities, net of effect of purchase acquisitions in 2011:      
Change in deposits 15,041 27,487 6,581
Change in securities sold under agreements to repurchase 2,252 (3,233) 22,083
Change in federal funds purchased 0 (1,700) (13,200)
Issuance of Series B preferred stock 32,000 0 0
Redemption of Series A preferred stock (20,000) 0 0
Issuance of preferred stock and related common stock warrants 0 0 19,954
Issuance of common stock and treasury stock, net of offering expenses 0 4,768 32,448
Change in Federal Reserve Discount Window borrowings 0 0 (36,000)
Proceeds from exercise of stock options 67 51 0
Tax benefit due to exercise of stock options 1 0 (3)
Payment of dividends on preferred stock (938) (1,001) (850)
Payment of dividends on common stock (2,725) (2,507) (2,117)
Net cash provided by financing activities 25,698 23,865 28,896
Net increase or decrease in cash and cash equivalents (8,604) 68,556 (1,435)
Cash and cash equivalents, beginning of year 91,907 23,351 24,786
Cash and cash equivalents, end of year 83,303 91,907 23,351
Supplemental cash flow information:      
Interest paid 5,608 7,544 10,684
Income taxes paid 835 1,051 1,045
Noncash investing and financing activities:      
Common stock issued in acquisition 8,838 0 0
Accretion of warrants 592 197 197
Change in accrued common stock dividends 51 218 (272)
Change in accrued preferred stock dividends 272 0 128
Net change in loan to ESOP 104 113 (199)
Change in unrealized gains/losses on securities available-for-sale, net of tax 3,570 278 2,207
Transfer of loans to other real estate 7,319 1,222 1,070
Financed sales of other real estate 73 30 300
Jefferson Bank [Member]
     
Cash flows from investing activities, net of effect of purchase acquisitions in 2011:      
Net cash associated with acquisition 93,800    
First Louisiana National Bank [Member]
     
Cash flows from investing activities, net of effect of purchase acquisitions in 2011:      
Net cash associated with acquisition 19,708    
Beacon Federal [Member]
     
Cash flows from investing activities, net of effect of purchase acquisitions in 2011:      
Net cash associated with acquisition $ 52,170