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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities    
Net loss $ (6,498) $ (108,649)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 4,073 4,564
Amortization of leasehold improvements 3 129
Change in market value on mortgage servicing rights 1,571 868
Loss on transfer of mortgage servicing rights   68
Provision for loan losses 8,887 89,668
Provision for deferred tax expense   47,882
Origination of loans held-for-sale (228,960) (353,746)
Proceeds from sales of loans held-for-sale 231,420 362,068
Net gain on sales of mortgage loans (5,458) (9,696)
Change in current income taxes payable 5,750 9,249
Increase in cash surrender value of bank-owned life insurance (1,629) (1,674)
Death claim on bank-owned life insurance   893
Change in accrued interest receivable and other assets 7,400 2,781
Change in accrued interest payable and other liabilities (3,092) 4,789
Net premium amortization on securities 156 435
Securities gains, net (631) (2,727)
Amortization of core deposit and other intangible assets 847 1,129
Tax effect on vesting of restricted stock   (190)
Stock based compensation 951 1,062
Net gain on sale of other real estate owned (1,311) (614)
Net write-down of other real estate owned 15,409 20,888
Loss on transfer of premises to other real estate owned 415  
Net cash provided by operating activities 29,303 69,177
Cash flows from investing activities    
Proceeds from maturities including pay down of securities available-for-sale 56,044 129,479
Proceeds from sales of securities available-for-sale 26,281 111,738
Purchases of securities available-for-sale (241,867) (160,808)
Purchases of Federal Reserve Bank and Federal Home Loan Bank stock (359) (647)
Net change in loans 216,503 222,638
Investment in other real estate owned (2,984) (607)
Proceeds from sales of other real estate owned 43,124 17,079
Net purchases of premises and equipment (800) (927)
Net cash provided by investing activities 95,942 317,945
Cash flows from financing activities    
Net change in deposits (167,747) (297,749)
Net change in securities sold under repurchase agreements (1,117) (16,356)
Net change in other short-term borrowings (4,141) (50,857)
Dividends paid   (3,158)
Purchases of treasury stock (49) (40)
Net cash used in financing activities (173,054) (368,160)
Net change in cash and cash equivalents (47,809) 18,962
Cash and cash equivalents at beginning of year 98,758 79,796
Cash and cash equivalents at end of year 50,949 98,758
Supplemental cash flow information    
Income taxe refund (5,746) (15,076)
Interest paid for deposits 16,751 23,591
Interest paid for borrowings 838 3,064
Non-cash transfer of loans to other real estate owned 71,443 72,159
Non-cash transfer of premises to other real estate owned 472  
Non-cash transfer of securities available-for-sale to other assets   50
Change in dividends declared not paid 3,788 779
Accretion on preferred stock warrants $ 942 $ 882