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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Operating activities    
Net income $ 2,672 $ 1,678
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 1,667 1,350
Deferred income tax (benefit) expense (87) 44
Depreciation 417 260
Stock based compensation 77 79
Loans originated for sale (374,920) (50,067)
Proceeds of loans sold 383,753 54,567
(Gain) on sale of loans held for resale (10,454) (1,119)
Loss on sale of other real estate owned    2
(Gain) on sale of investment securities (82) (73)
(Gain) on derivatives (699) 0
Amortization, net of accretion 621 539
Decrease in interest receivable and other assets 4,634 276
Increase (decrease) in accrued interest, taxes, and other liabilities 1,449 (802)
Net cash provided by operating activities 9,048 6,734
Investing activities    
(Increase) in loans made to customers (29,326) (51,182)
Purchases of premises and equipment (2,840) (306)
Decrease (increase) in deposits with FHLB and Fed, net 398 (8,519)
Maturities of certificates of deposit in other banks    491
Purchases of investment securities available-for-sale (17,769) (27,244)
Proceeds from sales, maturities and calls of securities available-for-sale 11,644 31,604
Proceeds from sale of other real estate owned 24 30
Purchases of investment securities held-to-maturity (12,074) (2,938)
Adjustment of branch acquisition (157)   
Purchase of bank owned life insurance (5,302)   
Net cash (used in) investing activities (55,402) (58,064)
Financing activities    
Net increase in deposits 44,819 67,195
Net increase (decrease) in repurchase agreements 12,722 (13,515)
Proceeds from Federal Home Loan Bank borrowings 302,495 56,495
Principal payments on Federal Home Loan Bank borrowings (321,249) (56,610)
Net proceeds of stock offering 13,658 266
Cash dividend (241) (153)
Dividends on preferred stock (43) (94)
Net cash provided by financing activities 52,161 53,584
Increase in cash and cash equivalents 5,807 2,254
Cash and cash equivalents - beginning of period 21,637 9,763
Cash and cash equivalents - end of period 27,444 12,017
Cash Payments for:    
Interest on deposits, repurchase agreements and borrowings 2,387 2,412
Income taxes $ 776 $ 527