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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net income (loss) $ (1,177) $ 253
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:    
Provision for loan losses 396 338
Loans originated for sale (102,795) (134,074)
Principal balance of loans sold 97,728 133,658
Gain on sale of portfolio loans sold   (159)
Loss on loans held for sale transferred to portfolio   28
Amortization of deferred loan costs 492 365
Loss on foreclosed real estate 129 230
Impairment loss on real estate held for sale 1,099 482
Depreciation and amortization expense 797 715
Bank-owned life insurance income (94) (27)
Deferred income tax expense (benefit) (854) (154)
Issuance of common stock to Coastway Cares Charitable Foundation II 1,221  
ESOP expense 125  
Net change in:    
Accrued interest receivable (70) 3
Prepaid FDIC insurance assessment   336
Other, net (281) (601)
Net cash provided (used) by operating activities (3,284) 1,393
Cash flows from investing activities:    
Purchase of certificates of deposit (3,008)  
Purchase of Bank-owned life insurance   (4,000)
Proceeds from redemption of FHLB stock 331 342
Loan originations and purchases, net of principal payments (40,274) (25,580)
Proceeds from portfolio loans sold   4,590
Proceeds from sale of foreclosed real estate 1,130 975
Purchases of premises and equipment (10,455) (2,389)
Net cash used by investing activities (52,276) (26,062)
Cash flows from financing activities:    
Net increase in deposits 14,186 30,691
Net change in short-term borrowed funds 6,000 (4,000)
Repayments of long-term borrowed funds (700) (1,343)
Issuance of common stock for initial public offering 46,345  
Conversion of stock subscriptions to common stock (43,398)  
Purchase of common stock by ESOP (3,959)  
Net cash provided (used) by financing activities 18,474 25,348
Net change in cash and cash equivalents (37,086) 679
Cash and cash equivalents at beginning of period 51,519 7,020
Cash and cash equivalents at end of period 14,433 7,699
Supplemental cash flow information:    
Interest paid on deposits 1,740 1,880
Interest paid on borrowed funds 62 102
Income taxes paid 202 602
Supplemental non-cash information:    
Loans transferred to foreclosed real estate 414 270
Loans held for sale transferred to portfolio loans 119 874
Real estate transferred from real estate held for investment to real estate held for sale   1,354
Real estate transferred from premises and equipment to real estate held for sale $ 3,302 $ 2,643