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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating Activities:    
Net Income $ 4,901 $ 4,813
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan and lease losses 865 1,217
Depreciation 1,082 934
Amortization of intangibles 66 46
Net amortization of security premiums 1,867 925
Gain on sales of investment securities (315) (150)
Earnings on cash surrender value of life insurance (198) (152)
SBA loans originated for sale (2,915) (943)
Proceeds from sales of SBA loans originated for sale 3,131 1,040
Gain on sale of loans (216) (97)
Loss on disposal of property, plant, and equipment   8
Loss on sale / write-down of foreclosed assets 64 109
Restricted stock compensation expense 19  
Deferred income tax (benefit) expense (300) 71
(Decreae) increase in accrued interest receivable 31 (296)
(Decrease) increase in other assets 882 (94)
Increase in accrued interest payable 224 253
Increase (decrease) in other liabilities 1,322 (621)
Net Cash Provided by Operating Activities 10,510 7,063
Investing Activities:    
Net decrease in interest-bearing time deposits with other financial institutions 459 1,741
Proceeds from the maturity of investment securities 8,080 10,497
Proceeds from the sale of investment securities 33,962 7,199
Purchases of investment securities (24,446) (40,511)
Net cash received from acquisition 8,095  
Purchases of restricted investment in bank stock (229) (426)
Net increase in loans and leases (38,671) (23,613)
Purchases of bank premises and equipment (1,261) (776)
Proceeds from sale of foreclosed assets 396 798
Net Cash Provided By Investing Activities (13,615) (45,091)
Financing Activities:    
Net increase in deposits 13,990 37,867
Net increase (decrease) in short-term borrowings 5,134 (1,979)
Common stock dividend paid (1,278) (874)
Employee Stock Purchase Plan 50 38
Proceeds from long-term debt borrowings   10,000
Long-term debt repayment (5,168) (137)
Net Cash Provided By Financing Activities 12,457 44,652
Net increase in cash and cash equivalents 9,352 6,624
Cash and cash equivalents, beginning of year 9,882 8,623
Cash and cash equivalents, end of period 19,234 15,247
Supplemental Disclosures of Cash Flow Information:    
Interest paid 3,173 3,063
Income taxes paid 930 870
Supplemental Noncash Disclosures:    
Loan transfers to foreclosed assets held for sale 885 791
Series B Preferred Stock [Member]    
Financing Activities:    
Preferred stock dividend paid (263) $ (263)
Series C Preferred Stock [Member]    
Financing Activities:    
Preferred stock dividend paid $ (8)