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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net income $ 4,126 $ 4,900
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation, amortization and accretion, net (561) (2,778)
Provision for loan and lease losses 1,975 3,150
Income from bank-owned life insurance (609) (633)
Share-based compensation expense 924 228
Net loss (gain) on lease sales 3 (19)
Gain on sale of available for sale securities (212) (578)
Credit component of other-than-temporary impairment losses on available for sale securities   615
Gain on sale of other real estate owned (23) (34)
Proceeds from sales of leases 208 909
Leases originated for sale (211) (890)
Decrease in accrued interest receivable 462 260
Increase in prepaid expenses and other assets (10,113) (326)
Decrease in other liabilities (3,732) (3,820)
Net cash (used in) provided by operating activities (7,763) 984
Available for sale securities:    
Purchases (60,102) (71,495)
Maturities and principal repayments 75,780 101,702
Proceeds from sales 4,176 8,628
Net increase (decrease) in loans and leases 1,202 (24,469)
Capital expenditures for premises and equipment (315) (464)
Proceeds from sale of other real estate owned 973 755
Net cash provided by investing activities 21,714 14,657
Cash flows from financing activities:    
Net (decrease) increase in deposits (24,321) 75,736
Net decrease in overnight and short-term borrowings (5,042) (2,833)
Proceeds from long-term borrowings 188,800 33,700
Repayment of long-term borrowings (156,412) (87,487)
Exercise of stock options 420 79
Tax benefit (expense) from exercise of stock options 346 (5)
Dividends on common stock (1,781) (1,580)
Net cash provided by financing activities 2,010 17,610
Net increase in cash and cash equivalents 15,961 33,251
Cash and cash equivalents at beginning of period 14,779 20,830
Cash and cash equivalents at end of period 30,740 54,081
Supplementary Disclosures:    
Cash paid for interest 8,080 10,845
Cash paid for income taxes 2,769 1,955
Non-cash investing and financing transactions:    
Change in accumulated other comprehensive income, net of taxes 1,669 4,202
Goodwill increase related to Macrolease acquisition   23
Treasury stock acquisitions from shares tendered in share-based payment transactions 851 218
Transfer of loans to other real estate owned 570 1,109
Non-credit component of other-than-temporary impairment, net of taxes   431
(Purchase) sale of available for sale securities not yet settled $ (10,000) $ 4,414