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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 5,957 $ 3,934
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation, amortization, and accretion 1,257 1,482
Provision for loan losses 746 336
Increase in cash surrender value of bank owned life insurance (314) (342)
Realized gain (loss) from sales of securities available-for-sale (332) 4
Realized gain from sales of premises and equipment 0 (7)
Realized (gain) loss from sales and write-downs of other real estate owned and repossessed assets (9) 68
Origination of mortgage loans for sale (3,594) (3,480)
Realized gains from sales of loans (254) (68)
Proceeds from sales of mortgage loans 3,633 3,514
Compensation expense related to stock options 10 13
Changes in:    
Accrued income receivable (66) 56
Other assets (2,671) (532)
Other liabilities 651 (534)
TOTAL ADJUSTMENTS (943) 510
NET CASH FLOWS FROM OPERATING ACTIVITIES 5,014 4,444
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sales of investment securities available-for-sale 54,955 26,071
Proceeds from maturities and calls of investment securities:    
Available-for-sale 10,858 19,863
Held-to-maturity 1,471 3,006
Purchases of investment securities:    
Available-for-sale (70,922) (76,330)
Held-to-maturity (3,413) (10,526)
Purchase of Federal Reserve Bank stock 0 (743)
Proceeds from redemption of Federal Reserve Bank stock 0 41
Proceeds from sale of impaired loans 4,559 0
Net increase in loans (26,123) (2,252)
Proceeds from redemption of bank owned life insurance 0 3,633
Proceeds from sale of other real estate owned and repossessed assets 114 203
Additions to other real estate owned (20) (17)
Purchases of premises and equipment (231) (770)
Proceeds from sale of premises and equipment 21 38
Net cash acquired from (paid for) acquisition 8,993 (9,115)
NET CASH FLOWS USED IN INVESTING ACTIVITIES (19,738) (46,898)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in deposits 38,695 35,822
Net (decrease) increase in short-term borrowings (3,914) 14,217
Principal payments on long-term debt (5,272) (596)
Proceeds from issuance of common stock 28 24
Proceeds and excess tax benefit from exercise of stock options 165 0
Cash dividends paid on common stock (2,910) (2,820)
NET CASH FLOWS FROM FINANCING ACTIVITIES 26,792 46,647
NET CHANGE IN CASH AND CASH EQUIVALENTS 12,068 4,193
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 15,845 14,688
CASH AND CASH EQUIVALENTS AT END OF PERIOD 27,913 18,881
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 1,542 1,710
Income taxes paid 2,450 1,700
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING ACTIVITIES:    
Transfer from loans to other real estate owned and repossessed assets $ 79 $ 435