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Consolidated Statement Of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating Activities:    
Net income $ 7,166 $ 6,369
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Gain on sale of securities, net (446) (318)
Depreciation and amortization of premises and equipment 900 893
Amortization of software 90 94
Intangible asset amortization 133 117
Amortization of investment security premium, net of discount accretion (85) 41
Deferred tax liability (859) (44)
Stock-based compensation 189 227
Excess tax benefits from share-based payment arrangements 0 (30)
Deferral of loan fees and costs, net 419 (16)
Provision for loan losses (1,136) 150
Reserve for (recovery from) purchased receivables 206 (31)
Purchases of loans held for sale (75,877) (75,680)
Proceeds from the sale of loans held for sale 72,989 71,574
Gain on sale of other real estate owned (368) (129)
Impairment on other real estate owned 45 87
Equity in undistributed earnings from mortgage affiliate 145 17
Net changes in assets and liabilities:    
(Increase) in accrued interest receivable (407) (111)
(Increase) decrease in other assets (557) 65
(Decrease) increase in other liabilities (2,998) 1,563
Net Cash (Used) Provided by Operating Activities (451) 4,838
Investing Activities:    
Purchases of investment securities available for sale (92,934) (78,197)
Proceeds from sales/maturities of securities available for sale 140,085 58,333
Purchases of domestic certificates of deposit (3,500) (3,500)
Proceeds from maturities of domestic certificates of deposit 3,500 3,500
Proceeds from redemption of FHLB stock 95 35
Alaska Pacific acquisition, net of cash received 6,367 0
Decrease in purchased receivables, net (1,561) (7,493)
(Increase) decrease in loans, net (19,052) (14,323)
Proceeds from sale of other real estate owned 1,599 634
(Increase) decrease in loan to Elliott Cove, net 49 (66)
Purchases of premises and equipment (2,414) (1,185)
Net Cash Provided (Used) by Investing Activities 32,234 (42,262)
Financing Activities:    
(Decrease) in deposits (24,895) (11,197)
(Decrease) increase in securities sold under repurchase agreements (1,367) 1,283
(Decrease) increase in borrowings (4,341) 2,150
Distributions to noncontrolling interest (179) (217)
Proceeds from the issuance of common stock 64 0
Excess tax benefits from share-based payment arrangements 0 30
Cash dividends paid (2,273) (1,953)
Net Cash Used by Financing Activities (32,991) (9,904)
Net (Decrease) increase in Cash and Cash Equivalents (1,208) (47,328)
Cash and Cash Equivalents at Beginning of Period 85,591 141,313
Cash and Cash Equivalents at End of Period 84,383 93,985
Supplemental Information:    
Income taxes paid 1,877 2,196
Interest paid 858 1,037
Noncash commitments to invest in Low Income Housing Tax Credit Partnerships 8,518 0
Transfer of loans to other real estate owned 1,158 365
Transfer of premises to other real estate owned 904 0
Cash dividends declared but not paid 17 20
Assets acquired 167,199 0
Liabilities assumed $ 153,172 $ 0