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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities    
Net loss $ (1,716) $ (2,107)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization of leasehold improvement 1,580 2,144
Change in market value of mortgage servicing rights 835 500
Provision for loan losses 6,284 4,500
Originations of loans held-for-sale (129,803) (98,257)
Proceeds from sales of loans held-for-sale 140,323 103,549
Net gain on sales of mortgage loans (5,005) (2,353)
Change in current income taxes receivable 815  
Increase in cash surrender value of bank-owned life insurance (821) (897)
Change in accrued interest receivable and other assets (5,567) (1,126)
Change in accrued interest payable and other liabilities 3,204 (866)
Net premium amortization on securities 553 98
Securities gains, net (793) (651)
Amortization of core deposit and other intangible assets 445 435
Stock based compensation 153 491
Net gain on sale of other real estate owned (378) (636)
Write-down of other real estate owned 7,796 6,502
Net cash provided by operating activities 17,905 11,326
Cash flows from investing activities    
Proceeds from maturities and pre-refunds including pay down of securities available-for-sale 126,358 17,299
Proceeds from sales of securities available-for-sale 8,359 15,277
Purchases of securities available-for-sale (226,254) (28,178)
Net sales (purchases) of Federal Reserve Bank and Federal Home Loan Bank stock 1,873 (359)
Net change in loans 93,506 114,420
Investment in other real estate owned (515) (2,167)
Proceeds from sales of other real estate owned 16,066 19,816
Net purchases of premises and equipment (299) (196)
Net cash provided by investing activities 19,094 135,912
Cash flows from financing activities    
Net change in deposits 29,243 (139,468)
Net change in securities sold under repurchase agreements 12,901 (687)
Net change in other short-term borrowings   (8)
Purchase of treasury stock (63) (49)
Net cash provided by (used in) financing activities 42,081 (140,212)
Net change in cash and cash equivalents 79,080 7,026
Cash and cash equivalents at beginning of period 50,949 98,758
Cash and cash equivalents at end of period 130,029 105,784
Supplemental cash flow information    
Income taxes received (815)  
Interest paid for deposits 6,029 9,177
Interest paid for borrowings 473 417
Non-cash transfer of loans to other real estate owned 19,350 30,513
Change in dividends declared not paid 1,966 1,870
Accretion on preferred stock warrants $ 495 $ 464