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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
OPERATING ACTIVITIES:    
Net income $ 4,707 $ 3,848
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 1,700 1,550
Net amortization of purchase premiums and discounts on securities 420 550
Depreciation and amortization 902 961
Deferred income tax expense 384 225
Net security gains (378) (367)
Stock compensation expense 306 250
Loss on sale of OREO 138 61
Valuation writedowns on OREO   170
Gain on sale of mortgage loans held for sale, net (676) (1,339)
Gain on sale of SBA loans held for sale, net (633) (607)
Origination of mortgage loans held for sale (45,066) (62,589)
Origination of SBA loans held for sale (8,758) (5,323)
Proceeds from sale of mortgage loans held for sale, net 45,742 63,928
Proceeds from sale of SBA loans held for sale, net 7,034 6,940
Net change in other assets and liabilities (625) 1,456
Net cash provided by operating activities 5,197 9,714
INVESTING ACTIVITIES:    
Purchases of securities held to maturity (309) (8,578)
Purchases of securities available for sale (9,947) (25,863)
Purchases of Federal Home Loan Bank stock, at cost (6,318) (3,224)
Maturities and principal payments on securities held to maturity 5,793 3,983
Maturities and principal payments on securities available for sale 7,909 19,370
Proceeds from sale of securities available for sale 17,919 12,155
Proceeds from redemption of Federal Home Loan Bank stock 6,803 3,261
Proceeds from sale of OREO 2,974 1,146
Net increase in loans (69,673) (78,238)
Proceeds from BOLI 435  
Purchase of BOLI   (3,000)
Purchases of premises and equipment (526) (4,486)
Net cash used in investing activities (44,940) (83,474)
FINANCING ACTIVITIES:    
Net increase in deposits 43,222 78,352
Proceeds from new borrowings 25,000  
Repayments of borrowings (32,000)  
Redemption of perpetual preferred stock from U.S. Treasury   (20,649)
Repurchase of warrant from U.S. Treasury   (2,707)
Proceeds from exercise of stock options 62  
Dividends on preferred stock   (585)
Dividends on common stock (517) (117)
Proceeds from rights offering 6,161  
Net cash provided by financing activities 41,928 54,294
Increase (decrease) in cash and cash equivalents 2,185 (19,466)
Cash and cash equivalents, beginning of period 99,404 94,192
Cash and cash equivalents, end of period 101,589 74,726
SUPPLEMENTAL DISCLOSURES:    
Cash: Interest paid 5,370 4,830
Cash: Income taxes paid 1,519 2,047
Noncash investing activities:    
Transfer of SBA loans held for sale to held to maturity 83 34
Transfer of loans to OREO $ 4,317 $ 800