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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Operating activities:    
Net income $ 7,910 $ 8,443
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization for premises and equipment 514 467
Provision for loan losses 500 500
Amortization of premiums and accretion of discounts 1,607 1,077
Origination of loans available for sale   (325)
Proceeds from sale of loans available for sale   411
Gain on sale of loans available for sale (1) (6)
Net gain on sale of securities available for sale (267) (532)
Impairment losses on investment securities 31  
Net realized loss on derivatives 400 868
Amortization of intangible assets 129 169
Compensation expense on ESOP and MRP 717 678
Increases in Bank owned life insurance (306) (343)
Decrease in accrued interest receivable 448 475
Decrease in prepaid FDIC assessment 699 727
Increase in prepaid expenses and other assets (563) (1,323)
Increase in accrued expenses and other liabilities 3,500 4,040
Gain on sale of real estate acquired through foreclosure (17) (5)
Other 1,032 (133)
Net cash provided by operating activities 16,333 15,188
Investing activities:    
Loan originations (109,925) (80,144)
Purchases of:    
Securities available for sale (143,081) (157,447)
Premises and equipment (309) (1,149)
Principal repayments of:    
Loans receivable 95,510 81,990
Securities available for sale 125,229 113,090
Proceeds from the sale of:    
Securities available for sale 767 5,026
Real estate acquired through foreclosure 587 160
Proceeds from bank owned life insurance 1,386  
Redemption of FHLB stock 2,073 2,545
Funding of real estate held for investment (4,640) (4,316)
Proceeds from real estate held for investment 3,783 4,436
Net cash used in investing activities (28,620) (35,809)
Financing activities:    
Net increase in deposits 61,959 92,134
Proceeds from long-term borrowings 4,931 8,669
Repayments of long-term borrowings (47,338) (60,250)
Net decrease in short-term borrowings (3) (1,521)
Proceeds received from exercise of stock options 390 307
Dividends paid (2,924) (2,438)
Payments to acquire treasury stock (110) (515)
Stock purchased by ESOP (162) (397)
Net cash provided by financing activities 16,743 35,989
Net increase in cash equivalents 4,456 15,368
Cash equivalents at beginning of period 38,848 35,707
Cash equivalents at end of period 43,304 51,075
Supplemental information:    
Interest paid 14,052 17,523
Income taxes paid 1,634 1,512
Supplemental schedule of non-cash investing and financing activities:    
Transfers from loans receivable to real estate acquired through foreclosure 784 522
Transfers from accrued expenses and other liabilities to deposits   2,518
Transfers from loan originations to proceeds on real estate held for investment 2,808 2,138
Dividends declared but not paid $ 1,431 $ 1,484