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Statement of Cash Flow (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Consolidated Statements of Cash Flows    
Net earnings $ 3,494 $ 3,006
Adjustments to reconcile net earnings to net cash provided by operating activties:    
Provision for loan and lease losses 1,200 1,200
Depreciation and amortization 403 309
Premium amortization and discount accretion, net 1,590 1,074
Net (gain) loss on securities available for sale (430) (348)
Net gain on sale of loans held for sale (1,416) (572)
Net loss on other real estate owned 25 741
Loss on prepayment of long-term debt 3,720 0
Loans originated for sale (64,433) (22,317)
Proceeds from sale of loans 62,013 24,740
Increase in cash surrender value of bank owned life insurance (212) (214)
Gain on sale of affordable housing partnerships investments (3,268) 0
Loss on affordable housing partnership investments 0 230
Net (increase) decrease in other assets 300 571
Net increase (decrease) in accrued expenses and other liabilities (22) 114
Net cash provided by operating activities 2,964 8,534
Cash flows from investing activities:    
Proceeds from sales of securities available-for-sale 39,344 97,407
Proceeds from maturities of securities available-for-sale 68,088 44,834
Purchase of securities available-for-sale (84,871) (119,147)
(Increase) decrease in loans, net (31,046) (3,268)
Net purchases of premises and equipment (740) (295)
Decrease in FHLB stock 1,607 423
Proceeds from sale of affordable housing limited partnerships 8,499 0
Capital contributions to affordable housing limited partnerships 0 (3,919)
Proceeds from sale of other real estate owned 3,039 581
Net cash provided by investing activities 3,920 16,616
Cash flows from financing activities:    
Net increase in noninterest-bearing deposits 7,201 9,228
Net increase in interest-bearing deposits 17,493 11,614
Net increase (decrease) in federal funds purchased and securities sold under agreements to repurchase (20) (371)
Repayments or retirement of long-term debt (41,816) (8,009)
Proceeds from sale of treasury stock 2 1
Dividends paid (1,494) (1,457)
Net cash (used in) provided by financing activities (18,634) 11,006
Net change in cash and cash equivalents (11,750) 36,156
Cash and cash equivalents at beginning of period 55,428 21,424
Cash and cash equivalents at end of period 43,678 57,580
Supplemental disclosures of cash flow information:    
Interest 4,507 6,108
Income taxes 667 332
Supplemental disclosure of non-cash transactions:    
Real estate acquired through foreclosure $ 323 $ 2,558