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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Operating Activities    
Net income $ 5,858 $ 4,306
Items not requiring (providing) cash    
Provision for loan losses 2,880 6,233
Depreciation and amortization 1,227 1,112
Share based compensation 20 12
Mortgage servicing rights impairment (728) 59
Deferred income tax   5
Premium amortization on securities available for sale, net 1,026 764
Gain on sale of investment securities (639) (131)
Gain on sale of mortgage loans (1,841) (3,056)
Proceeds from sales of loans 109,902 104,014
Loans originated for sale (108,061) (101,447)
Increase in cash surrender value of life insurance (416) (353)
(Gain) loss on sale of other real estate owned 86 (183)
Net change in    
Interest receivable (259) (58)
Interest payable (76) (120)
Other assets 1,977 655
Other liabilities (812) (680)
Net cash provided by operating activities 10,144 11,132
Investing Activities    
Purchases of securities available for sale (108,989) (92,230)
Proceeds from sales, maturities, calls, and principal repayments of securities available for sale 49,049 68,839
Purchase of securities held to maturity (2,437) (15,332)
Proceeds from maturities of securities held to maturity 1,400 13,032
Proceeds from the sale of Federal Home Loan Bank stock 1,274  
Net change in loans 50,962 4,929
Proceeds on the sale of OREO and repossessed assets 1,069 3,392
Purchases of premises and equipment (13) (1,733)
Purchases and assumption of ATSB   3,406
Net cash used in investing activities (7,685) (15,697)
Net change in    
Deposits 34,778 (26,731)
Borrowings (30,554) (10,628)
Proceeds from issuance of stock 55 110
Tax benefit from issuance of stock 8 70
Dividends paid on common shares (1,128) (1,117)
Dividends paid on preferred shares (469) (625)
Net cash provided by (used in) financing activities 2,690 (38,921)
Net Change in Cash and Cash Equivalent 5,149 (43,486)
Cash and Cash Equivalents, Beginning of Period 15,683 68,702
Cash and Cash Equivalents, End of Period 20,832 25,216
Additional Cash Flows Information    
Interest paid 8,689 11,137
Income taxes paid 100 180
Transfer of loans to other real estate owned $ 3,717 $ 4,137