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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:    
Net Income $ 6,002 $ 4,636
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 3,325 1,600
Depreciation and amortization 862 908
Net amortization on securities 2,135 1,055
Amortization of core deposit intangible 35 8
Share based compensation expense 699 512
Net securities gains (1,993) (135)
Increase in accrued interest receivable (89) (417)
Decrease (increase) in other assets 123 (59)
Increase in accrued expenses and other liabilities 665 1,918
Net cash provided by operating activities 11,764 10,026
Cash flows from investing activities:    
Purchases of securities available for sale (220,313) (108,124)
Purchases of securities, restricted (15,500) (140)
Purchases of securities held to maturity (55,097) (38,689)
Proceeds from sales of securities available for sale 63,807 14,084
Redemption of securities, restricted 14,332 225
Maturities, calls and principal payments of securities available for sale 148,563 56,680
Maturities, calls and principal payments of securities held to maturity 50,314 33,493
Net increase in loans (64,695) (47,280)
Purchase of premises and equipment (1,684) (599)
Net cash acquired in business combination   2,309
Net cash used in investing activities (80,273) (88,041)
Cash flows from financing activities:    
Net increase in deposits 42,339 98,411
Net decrease in federal funds purchased and FHLB overnight borrowings   (7,000)
Net increase (decrease) in FHLB term advances 15,000 (5,016)
Net decrease in repurchase agreements (4,580) (173)
Net proceeds from issuance of common stock 4,394 1,798
Repurchase of surrendered stock from exercise of stock options and vesting of restricted stock awards (88) (61)
Excess tax expense from share based compensation (10) (1)
Cash dividends paid (3,875) (2,944)
Net cash provided by financing activities 53,180 85,014
Net (decrease) increase in cash and cash equivalents (15,329) 6,999
Cash and cash equivalents at beginning of period 79,546 22,918
Cash and cash equivalents at end of period 64,217 29,917
Cash paid for:    
Interest 3,856 3,695
Income tax 1,415 820
Noncash investing and financing activities:    
Securities which settled in the subsequent period 6,871  
Acquisition of noncash assets and liabilities:    
Fair value of assets acquired   66,566
Fair value of liabilities assumed   $ 65,059