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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:  
Net income$ 5,629$ 4,796
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:  
Depreciation8941,048
Accretion and amortization of securities2,146999
Amortization of servicing rights314410
Amortization of core deposit intangible234157
Provision for loan loss1,5224,875
Gain on sale of loans held for sale(249)(401)
Originations of loans held for sale(30,252)(45,896)
Proceeds from sale of loans held for sale32,01846,073
Loss on sale of other assets1,00032
Gain on sale of investment securities(504)(956)
Change in Operating Assets and Liabilities, net(301)(1,822)
Net Cash Provided by Operating Activities12,4519,315
Activity in securities:  
Maturities, prepayments and calls28,62175,705
Sales30,37655,700
Purchases(79,935)(173,887)
Proceeds from sale of assets102
Additions to premises and equipment(746)(3,383)
Loan originations and principal collections, net18,26919,050
Net Cash (Used) in Investing Activities(3,405)(26,813)
CASH FLOWS FROM FINANCING ACTIVITIES  
Net increase (decrease) in deposits(4,928)36,875
Net change in short-term debt1,9665,299
Proceeds from issuance of long-term debt 9,000
Repayments of long-term debt(8,164)(8,200)
Purchase of Treasury stock(220)(388)
Cash dividends paid on common stock(2,675)(2,554)
Net Cash Provided by Financing Activities(14,021)40,032
Net Increase (Decrease) in cash and cash equivalents(4,975)22,534
Cash and cash equivalents - Beginning of year43,37933,648
Cash and cash equivalents - End of period38,40456,182
RECONCILIATION OF CASH AND CASH EQUIVALENTS:  
Cash and cash due from banks13,98714,754
Interest bearing deposits with banks16,66830,503
Federal funds sold7,74910,925
Total reconciliation of cash and cash equivalents38,40456,182
Cash paid during the period for:  
Interest6,4608,675
Income Taxes$ 1,220$ 1,245