Why do I get an error when executing a stored procedure using SQL Server 2008?

I am using Microsoft SQL Server 2008

I tried using the following stored procedure but when I execute it, I get an error as follows:

Msg 156, Level 15, State 1, Line 4
Incorrect syntax near the keyword 'SELECT'.
Msg 102, Level 15, State 1, Line 13
Incorrect syntax near ')'.


INSERT INTO dbo.tbl_CSL_ImportMonthlyChecksEntity (bankname, branch, banknumber, amt1,
amt2, datefile, dateimported, importedby)    
values        
(SELECT
CSLIC.bankname,
CSLIC.branch,
CSLIC.banknumber,
CSLIC.amt1,
CSLIC.amt2,
CSLIC.datefile,
CSLIC.dateimported,
CSLIC.importedby
from dbo.tbl_CSL_ImportMonthlyChecks AS CSLIC);

Both tables have the same data types as follows:

bankname (varchar(50), null)
banknumber(varchar(4),not null)
amt1(varchar(11),not null)
amt2(numeric(19,2),not null)
datefile(varchar(10),not null)
dateimported(varchar(10),not null)
importedby(varchar(50),not null)
branch(varchar(50),null)