Annual report pursuant to Section 13 and 15(d)

Parent Company Only Statements (Details 2)

v2.4.0.6
Parent Company Only Statements (Details 2) (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:    
Net income $ 6,853 $ 5,385
Adjustments to reconcile net income to net cash provided by operating activities    
Deferred tax expense/(benefit) 152 318
Stock based compensation expense 16 33
Change in other assets 1,559 1,274
Total adjustments 1,675 9,435
Net cash - operating activities 8,528 14,820
Cash flows from investing activities (36,299) (7,821)
Cash flows from financing activities:    
Dividends paid (1,928) (1,699)
Treasury stock purchased (78) 0
Proceeds from sale of treasury stock 141 124
Net cash - financing activities 35,155 8,430
Net change in cash 7,384 15,429
Cash and cash equivalents at beginning of period 26,367 10,938
Cash and cash equivalents at end of period 33,751 26,367
Parent Company [Member]
    
Cash flows from operating activities:    
Net income 6,853 5,385
Adjustments to reconcile net income to net cash provided by operating activities    
Equity in undistributed net income of Peoples Bank (5,071) (4,139)
Deferred tax expense/(benefit) 152 318
Stock based compensation expense 16 33
Change in other assets (392) (23)
Change in other liabilities (883) 99
Total adjustments (6,178) (3,712)
Net cash - operating activities 675 1,673
Cash flows from investing activities 0 0
Cash flows from financing activities:    
Dividends paid (1,928) (1,699)
Treasury stock purchased (78) 0
Proceeds from sale of treasury stock 141 124
Net cash - financing activities (1,865) (1,575)
Net change in cash (1,190) 98
Cash and cash equivalents at beginning of period 1,191 1,093
Cash and cash equivalents at end of period $ 1 $ 1,191