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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 income $ 10,359 $ 9,166 $ 8,763
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses 3,900 3,500 4,150
Depreciation and amortization 1,843 1,612 1,453
Net amortization on securities 2,400 1,454 305
Amortization of core deposit intangible 42    
Share based compensation expense 1,047 881 750
Net securities gains (135) (1,303) (529)
Increase in accrued interest receivable (787) (474) (53)
Decrease (increase) in other assets 1,593 2,041 (6,875)
(Decrease) increase in accrued expenses and other liabilities (1,582) (1,454) 1,529
Net cash provided by operating activities 18,680 15,423 9,493
Cash flows from investing activities:      
Purchases of securities available for sale (302,760) (226,213) (113,975)
Purchases of securities, restricted (315) (2,055) (19,514)
Purchases of securities held to maturity (83,911) (137,240) (65,838)
Proceeds from sales of securities available for sale 14,084 31,446 13,087
Redemption of securities, restricted 225 1,976 22,109
Maturities, calls and principal payments of securities available for sale 196,886 175,013 108,838
Maturities, calls and principal payments of securities held to maturity 61,844 66,056 31,752
Net increase in loans (73,029) (57,070) (20,413)
Purchase of premises and equipment (2,031) (3,989) (4,382)
Net cash acquired in business combination 2,309    
Net cash used in investing activities (186,698) (152,076) (48,336)
Cash flows from financing activities:      
Net increase in deposits 214,252 123,455 134,453
Net (decrease) increase in federal funds purchased and FHLB overnight borrowings (7,000) 5,000 (70,900)
Repayments of FHLB term advances (5,016)   (30,000)
Net increase in repurchase agreements 527 1,370  
Proceeds from issuance of junior subordinated debentures     16,002
Net proceeds from issuance of common stock 28,088 1,395 255
Net proceeds from exercise of stock options   17 34
Repurchase of surrendered stock from exercise of stock options and vesting of restricted stock awards (128) (37) (35)
Excess tax (expense) benefit from share based compensation (16) 11 12
Cash dividends paid (6,061) (5,787) (5,716)
Net cash provided by financing activities 224,646 125,424 44,105
Net increase (decrease) in cash and cash equivalents 56,628 (11,229) 5,262
Cash and cash equivalents at beginning of period 22,918 34,147 28,885
Cash and cash equivalents at end of period 79,546 22,918 34,147
Cash paid for:      
Interest 7,730 7,838 7,956
Income tax 4,550 5,922 3,264
Noncash investing and financing activities:      
Dividends declared and unpaid at end of period   1,467 1,441
Transfers from portfolio loans to loans held for sale 2,300    
Acquisition of noncash assets and liabilities:      
Fair value of assets acquired 66,566    
Fair value of liabilities assumed $ 65,059