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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 8,296 $ 9,458
Adjustments to reconcile net income to net cash provided by operating activities:    
Net amortization of premiums on investment securities 1,901 3,674
Provision for loan losses (1,351) 292
Net gain on sale of mortgage loans (1,217) (4,148)
Reversal of provision for mortgage loans sold (12) (1,295)
Other than temporary impairment of investments 0 39
Increase in cash surrender value of life insurance (274) (303)
Depreciation and amortization 1,340 1,333
Gain on sales and impairment of premises and equipment (16) 0
Net (gains) losses on sale and write downs of other real estate owned 133 (1,220)
Gain on sale of securities (1,131) (276)
Amortization of core deposit intangible 309 353
Deferred tax provision 5,196 5,341
Stock based compensation expense 215 253
Originations of mortgage loans held-for-sale (81,289) (151,200)
Proceeds from sales of mortgage loans 85,723 160,482
Decrease in capital lease obligations (23) (22)
(Increase) decrease in accrued interest receivable 341 (170)
Increase in other assets (10) (1,588)
Decrease in accrued interest payable (118) (630)
Decrease in other liabilities (3,139) (1,592)
NET CASH PROVIDED BY OPERATING ACTIVITIES 14,874 18,781
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of available-for-sale securities (4,970) (80,948)
Proceeds from sales of available-for-sale securities 20,421 25,580
Proceeds from maturities of available-for-sale securities 16,849 56,410
Net decrease in loans (61,743) (11,043)
Proceeds from the redemption of Federal Home Loan Bank stock 684 681
Purchases of Federal Home Loan Bank stock (989) 0
Purchases of premises and equipment (847) (1,909)
Proceeds from the sale of premises and equipment 17 15
Proceeds from the sale of other real estate owned 1,220 9,414
NET CASH PROVIDED BY INVESTING ACTIVITIES (29,358) (1,800)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in checking, NOW, money market and savings accounts 32,945 40,684
Net decrease in time certificates (41,788) (149,249)
Net decrease in borrowed funds 19,624 (13,241)
Payment of fractional shares in the 1-for-3 stock split 0 (39)
Preferred dividends paid (1,167) (704)
Payments for Repurchase of Warrants 0 (20)
Proceeds from Stock Options Exercised 6 0
NET CASH USED IN FINANCING ACTIVITIES 9,620 (122,569)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (4,864) (105,588)
CASH AND CASH EQUIVALENTS:    
Beginning of year 40,995 138,396
End of year 36,131  
SUPPLEMENTARY CASH FLOW INFORMATION:    
Cash paid for interest 4,180 6,402
Cash paid for income taxes 144 59
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES:    
Transfer from loans to foreclosed real estate 357 3,268
Restricted stock surrendered (in lieu of taxes) 79 0
Unrealized gain on investment securities available-for-sale, net of tax effect $ 2,017 $ (5,126)