XML 26 R7.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Condensed Statements of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating Activities  
Net income$ 1,216$ 1,726
Adjustments to reconcile net income to net cash provided by operating activities  
Provision for loan losses2,2971,915
Depreciation and amortization441376
Investment securities gains(270)(306)
Loans originated for sale in the secondary market(12,932)(14,253)
Proceeds from sale of loans in the secondary market13,02014,051
Gain on sale of loans(367)(385)
Amortization of net loan origination cost10371
Loss on premises, equipment and real estate held for sale68310
Employee Stock Ownership Plan compensation2629
Net change in  
Interest receivable(9)156
Interest payable(87)(135)
Prepaid FDIC assessment268325
Other adjustments(292)(502)
Net cash provided by operating activities4,0973,078
Investing Activities  
Proceeds from sale of FHLB Stock2700
Purchases of securities available for sale(31,803)(16,822)
Proceeds from maturities of securities available for sale7,05711,722
Proceeds from sales of securities available for sale7,5859,637
Net change in loans3,6026,686
Purchases of premises and equipment(585)(172)
Net cash received in branch acquisition0582
Proceeds from sale of real estate acquired through foreclosure893485
Other investing activity(182)0
Net cash provided by (used in) investing activities(13,163)12,118
Net change in  
Noninterest-bearing, interest-bearing demand and savings deposits6,046(4,781)
Certificates of deposit6,7538,135
Proceeds from borrowings15,0003,000
Repayment of borrowings(15,000)(24,000)
Cash dividends(1,226)(1,222)
Acquisition of stock for stock benefit plans(16)0
Advances by borrowers for taxes and insurance12668
Other financing activities036
Net cash provided by (used in) financing activities11,683(18,764)
Net Change in Cash and Cash Equivalents2,617(3,568)
Cash and Cash Equivalents, Beginning of Period16,78813,387
Cash and Cash Equivalents, End of Period19,4059,819
Additional Cash Flows and Supplementary Information  
Interest paid4,4955,843
Income tax paid, net of refunds388328
Transfers to real estate held for sale$ 4,311$ 811