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Unaudited Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash Flows from Operating Activities    
Net income $ 3,309 $ 1,045
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,124 1,237
Net premium amortization of available for sale investment securities 1,168 828
Provision for loan losses 977 2,441
Deferred income tax expense 427 2,063
Noncash employee stock purchase plan expense 10 17
Mortgage loans originated for sale (16,497) (5,621)
Proceeds from sale of mortgage loans 13,159 7,027
Gain on sale of mortgage loans, net (310) (141)
Net loss on sale and write downs of other real estate 751 396
Net gain on sale of available for sale investment securities (3) (410)
Decrease in accrued interest receivable 239 405
Increase in cash surrender value of company-owned life insurance (214) (235)
Death benefits in excess of cash surrender value on company-owned life insurance (529)  
Decrease (increase) in other assets 394 (1,298)
Decrease in accrued interest payable (87) (133)
Decrease in other liabilities (489) (875)
Net cash provided by operating activities 3,429 6,746
Cash Flows from Investing Activities    
Proceeds from maturities and calls of available for sale investment securities 51,330 22,052
Proceeds from sale of available for sale investment securities 479 25,606
Purchase of available for sale investment securities (86,797) (120,341)
Principal collected on loans originated for investment, net 21,070 32,700
Proceeds from surrender of company-owned life insurance   2,248
Proceeds from death benefits of company-owned life insurance 1,051  
Purchase of premises and equipment (398) (436)
Proceeds from sale of other real estate 1,593 982
Net cash used in investing activities (11,672) (37,189)
Cash Flows from Financing Activities    
Net increase in deposits 12,138 9,685
Net increase in federal funds purchased and other short-term borrowings 923 25,401
Repayments of securities sold under agreements to repurchase and other long-term borrowings (10,112) (2,171)
Dividends paid, preferred (375) (375)
Shares issued under employee stock purchase plan 29 34
Net cash provided by financing activities 2,603 32,574
Net (decrease) increase in cash and cash equivalents (5,640) 2,131
Cash and cash equivalents at beginning of year 94,309 182,056
Cash and cash equivalents at end of period 88,669 184,187
Cash paid during the period for:    
Interest 5,290 6,645
Income taxes   750
Transfers from loans to other real estate 7,239 5,525
Sale and financing of other real estate 1,302 321
Cash dividends payable, preferred $ 188 $ 188