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Consolidated Statement Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating Activities:    
Net income $ 3,506 $ 3,633
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
(Gain) loss on sale of securities, net 23 (114)
Depreciation and amortization of premises and equipment 585 562
Amortization of software (42) (46)
Intangible asset amortization 35 73
Amortization of investment security premium, net of discount accretion 7 (61)
Deferred tax liability 1,019 143
Stock-based compensation 161 118
Deferral of loan fees and costs, net (361) (89)
Provision for loan losses 703 326
Reserve for (recovery from) purchased receivables (12) (54)
Proceeds from the sale of loans held for sale 144,696 158,365
Origination of loans held for sale (133,050) (176,372)
Gain on sale of other real estate owned (60) 0
Impairment on other real estate owned 0 268
Net changes in assets and liabilities:    
Increase in accrued interest receivable (260) (411)
Decrease in other assets 101 2,643
Decrease in other liabilities (8,795) (9,882)
Net Cash Provided (Used) by Operating Activities 8,340 (20,806)
Investing Activities:    
Purchases of investment securities available for sale (16,993) (16,792)
Purchases of FHLB stock (60) 0
Proceeds from Maturities, Prepayments and Calls of Available-for-sale Securities 13,064 44,701
Proceeds from redemption of FHLB stock 1 37
Decrease (increase) in purchased receivables, net 1,631 (24)
Decrease (increase) in loans, net 9,959 (36,254)
Proceeds from sale of other real estate owned 411 311
Purchases of premises and equipment (716) (1,368)
Net Cash Provided (Used) by Investing Activities 7,297 (9,389)
Financing Activities:    
Increase in deposits 6,175 11,266
Decrease in securities sold under repurchase agreements (5,474) (2,023)
Increase (decrease) in borrowings 5,607 (3,735)
Distributions to noncontrolling interest (36) (63)
Cash dividends paid (1,307) (1,234)
Net Cash Provided by Financing Activities 4,965 4,211
Net Change in Cash and Cash Equivalents 20,602 (25,984)
Cash and Cash Equivalents at Beginning of Period 58,673 68,556
Cash and Cash Equivalents at End of Period 79,275 42,572
Supplemental Information:    
Income taxes paid 2 786
Interest paid 607 720
Noncash commitments to invest in Low Income Housing Tax Credit Partnerships 0 55
Transfer of loans to other real estate owned 0 181
Cash dividends declared but not paid $ 10 $ 11