XML 22 R6.htm IDEA: XBRL DOCUMENT v2.3.0.15
CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Thousands
9 Months Ended12 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Dec. 31, 2010
Cash flows from operating activities:   
Net income$ 1,476$ 399$ 476
Adjustments to reconcile net income to net cash provided by operating activities:   
Provision for loan and lease losses3,6255,677 
Decrease in deferred loan origination fees, net(111)(172) 
Depreciation and amortization546566 
(Gain) loss on sale and call of investment securities(353)4 
Amortization of investment security premiums and discounts, net1,6781,842 
Increase in cash surrender value of life insurance policies(206)(201) 
Stock based compensation expense156177 
Loss on sale and write-down of other real estate owned449528 
Decrease in accrued interest receivable and other assets3443,891 
Decrease in accrued interest payable and other liabilities(1,255)(1,679) 
Net cash provided by operating activities6,34911,032 
Cash flows from investing activities:   
Proceeds from the sale of available-for-sale investment securities9,7066,526 
Proceeds from matured available-for-sale investment securities3152,725 
Proceeds from called available-for-sale investment securities1,180620 
Purchases of available-for-sale investment securities(47,157)(56,444) 
Proceeds from principal repayments for available-for-sale investment securities19,04812,927 
Proceeds from principal repayments for held-to-maturity investment securities1,6595,250 
Net decrease in interest-bearing deposits in banks499  
Net decrease in loans25,93622,473 
Proceeds from sale of other real estate8882,261 
Purchases of equipment(592)(280) 
Net decrease in FHLB stock393331 
Net cash provided by (used in) investing activities11,875(3,611) 
Cash flows from financing activities:   
Net increase in demand, interest-bearing and savings deposits9,45617,670 
Net decrease in time deposits(10,989)(17,626) 
Net decrease in short-term borrowings(2,000)(7,500) 
Net increase (decrease) in long-term borrowings4,000(7,000) 
Net cash provided by (used in) financing activities467(14,456) 
Increase (decrease) increase in cash and cash equivalents18,691(7,035) 
Cash and cash equivalents at beginning of year31,87158,49358,493
Cash and cash equivalents at end of period$ 50,562$ 51,458$ 31,871