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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities    
Net income $ 6,770 $ 5,613
Adjustments to reconcile net income to net cash from operating activities    
Depreciation 735 677
Provision for loan losses (389) 500
Amortization (accretion), net 484 131
OREO writedowns (gains on sales), net (800) (74)
Stock compensation expense 170 87
Loans originated for sale (3,192) (6,703)
Secondary market loans sold 2,851 6,797
Secondary market income (69) (141)
Gain on disposition of securities 0 (148)
Changes in:    
Interest receivable 417 296
Other assets 1,066 205
Interest payable (56) (59)
Other liabilities 174 148
Net cash from operating activities 8,161 7,329
Cash flows from investing activities    
Purchases of securities available for sale (34,453) (27,230)
Proceeds from maturities and calls of securities available for sale 24,298 46,900
Redemption of FHLB stock 408 0
Net change in loans 1,605 (9,401)
Acquisition of subsidiary, net of cash received 40,973 0
Purchases of premises and equipment, net (290) (345)
Improvements to OREO property (242) (1,029)
Proceeds from sales of other real estate acquired through foreclosure 2,803 1,795
Net cash from investing activities 35,102 10,690
Cash flows from financing activities    
Net change in deposits (18,903) 2,386
Net change in agreements to repurchase securities (316) (17,587)
Repayment of other borrowed funds (1,207) (1,049)
Proceeds from stock option exercises 449 372
Common stock dividends paid (2,822) (1,756)
Preferred stock dividends paid (300) (300)
Net cash from financing activities (23,099) (17,934)
Net change in cash and cash equivalents 20,164 85
Cash and cash equivalents at beginning of period 76,761 70,245
Cash and cash equivalents at end of period 96,925 70,330
Supplemental disclosures of cash flow information:    
Cash paid during period for interest 2,207 2,559
Cash paid during period for income taxes 2,299 3,376
Loans transferred to real estate acquired through foreclosure $ 1,079 $ 882