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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 earnings $ 8,013 $ 3,194
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 2,745 2,398
Amortization (accretion) of purchase accounting adjustments (1,675) 106
Provision for loan losses 1,550 3,150
Provision for deferred tax expense 1,599 (189)
Amortization of premiums on securities, net 1,317 679
Amortization of other investments 11 10
Stock compensation expense 87 14
Restricted stock expense 42 52
Net gain on sale of investment securities (204) (99)
Net loss on sale of other real estate owned 168 66
Net write down of other real estate owned 475 434
Net loss on sale of premises and equipment 6 15
Change in accrued interest receivable 45 (447)
Change in accrued interest payable (312) (275)
Change in other assets & other liabilities, net (59) 2,050
Net cash provided by operating activities 13,808 11,158
Cash flows from investing activities, net of effect of purchase acquisitions in 2011:    
Net decrease in time deposits in other banks 1 5,164
Proceeds from maturities and calls of securities available-for-sale 100,502 58,990
Proceeds from maturities and calls of securities held-to-maturity 14,946 900
Proceeds from sale of securities available-for-sale 6,558 3,895
Purchases of securities available-for-sale (79,195) (118,517)
Purchases of securities held-to-maturity (32,816) (43,403)
Proceeds from redemptions of other investments 500 0
Purchases of other investments (185) (5)
Net change in loans (63,014) (46,579)
Purchases of premises and equipment (6,239) (2,947)
Proceeds from sale of premises and equipment 0 6
Net cash associated with Jefferson Bank acquisition 0 93,800
Proceeds from sale of other real estate owned 550 540
Net cash used in investing activities (58,392) (48,156)
Cash flows from financing activities, net of effect of purchase acquisitions in 2011:    
Change in deposits 15,063 22,465
Change in securities sold under agreements to repurchase 9,155 11,252
Issuance of Series B preferred stock 0 32,000
Redemption of Series A preferred stock 0 (20,000)
Proceeds from exercise of stock options 96 0
Payment of dividends on preferred stock (1,180) (778)
Payment of dividends on common stock (2,198) (2,046)
Net cash (used in) provided by financing activities 20,936 42,893
Net (decrease) increase in cash and cash equivalents (23,648) 5,895
Cash and cash equivalents, end of period 59,655 97,802
Supplemental information- Noncash items    
Accretion of warrants 0 592
Transfer of loans to other real estate 722 7,185
Net change in loan to ESOP 0 (87)
Financed sales of other real estate 290 73
Transfer of investment from available-for-sale to other investments $ 509 $ 0