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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
11 Months Ended 1 Months Ended 12 Months Ended
Dec. 31, 2012
Successor Company [Member]
Jan. 31, 2012
Predecessor Company [Member]
Dec. 31, 2011
Predecessor Company [Member]
Dec. 31, 2011
Community Bank of Rowan [Member]
Predecessor Company [Member]
Dec. 31, 2011
Crescent Financial Bancshares [Member]
Predecessor Company [Member]
Cash flows from operating activities          
Net income $ 3,793 $ 529 $ 968    
Adjustments to reconcile net income to net cash provided by (used in) operating activities:          
Depreciation 1,259 103 375    
Stock based compensation 850 4 103    
Provision for loan losses 5,159 195 880    
Accretion on purchased loans (14,695) (1,592) (3,705)    
Amortization of core deposit intangible 410 28 88    
Amortization of premium on time deposits (2,737) (311) (632)    
Accretion of discount on long-term debt 136 12 17    
Loss (gain) on mortgage loan commitments (583) (159) 44    
Net gain on sales of loans held for sale (5,547) (20) (391)    
Originations of loans held for sale (140,724) (6,340) (32,239)    
Proceeds from sales of loans held for sale 131,388 9,018 33,317    
Net increase in cash surrender value of bank-owned life insurance (653) (62) (103)    
Deferred income taxes (255) 270 336    
Deferred tax asset valuation allowance (3,300) 0 (148)    
Loss (gain) on sales of securities available for sale (1,251) 0 38    
Net amortization of premiums on securities available for sale 901 25 271    
Net loss (gain) on disposal of foreclosed assets 51 17 (101)    
Valuation adjustments on foreclosed assets 1,119 0 0    
Loss on prepayment of FHLB advances 0 0 237    
Gains from change in fair value of interest rate swaps (226) (2) 0    
Change in assets and liabilities:          
(Increase) decrease in accrued interest receivable (1,483) (34) (304)    
(Increase) decrease in other assets (297) 3,143 1,102    
Increase (decrease) in accrued interest payable (261) (106) (267)    
Increase (decrease) in accrued expenses and other liabilities 6,247 (2,606) (2,324)    
Net cash provided by (used in) operating activities (20,699) 2,112 (2,438)    
Cash flows from investing activities          
Cash acquired in combination with Community Bank of Rowan       22,474 226,126
Purchases of securities available for sale (83,529) (2,658) (127,329)    
Proceeds from maturities and repayments of securities available for sale 33,993 2,158 3,855    
Proceeds from sales of securities available for sale 86,601 0 59,955    
Loan originations (principal collections), net (30,741) 542 (15,071)    
Purchases of premises and equipment (2,187) (269) (411)    
Proceeds from sales of foreclosed assets 4,827 2,940 3,976    
Proceeds from sales of loans 10,862 9,635 655    
Purchases of loans (7,698) 0 0    
Proceeds from sales of Federal Home Loan Bank stock 7,469 123 407    
Net cash provided by investing activities 19,597 12,471 174,637    
Cash flows from financing activities          
Net increase (decrease) in deposits 20,057 (30,032) 17,079    
Proceeds from exercise of stock options 32 0 0    
Proceeds from issuance of short-term borrowings 3,000 0 (173)    
Repayments of long-term debt (5,000) 5,000 (152,365)    
Proceeds from issuance of preferred stock 0 0 7,009    
Issuance of common stock 14 0 0    
Repurchase of common stock (13) 0 0    
Dividends paid on preferred stock (2,548) 0 0    
Net cash provided by (used in) financing activities 15,542 (25,032) (128,450)    
Net change in cash and cash equivalents 14,440 (10,449) 43,749    
Cash and cash equivalents, beginning 36,023 46,472 2,723    
Cash and cash equivalents, ending 50,463 36,023 46,472    
Supplemental Cash Flow Information [Abstract]          
Interest 9,032 1,038 1,681    
Income taxes 0 0 0    
Transfer of loans to foreclosed assets 3,690 35 2,245    
Change in fair value of securities available for sale, net of tax 1,238 488 251    
Change in fair value of cash flow hedge, net of tax $ (267) $ 0 $ 0