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Consolidated Statements of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash Flows From Operating Activities:  
Net income$ 3,598$ 2,615
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation, amortization and accretion1,7542,539
Provision for credit losses1,2781,441
Unvested stock amortization63105
Net gain on sale of securities(2)(1,374)
Net loss on sale and write down of OREO and other repossessed property118
(Increase) decrease in accrued interest receivable(354)172
Decrease in other assets344753
Earnings on investment in BOLI(181)(185)
Decrease in accrued interest payable(137)(241)
Increase in deferred tax expense2172
Gain on sale of loans(281) 
Decrease in other liabilities(433)(1,309)
Net Cash Provided By Operating Activities5,6524,706
Cash Flows From Investing Activities:  
Activity in available-for-sale securities: Sales15,762154,658
Activity for available-for-sale securities: Maturities, repayments and calls37,61526,908
Activity in available-for-sale securities: Purchases(39,585)(192,108)
Activity in held-to-maturity securities: Sales 29,855
Activity in held-to-maturity securities: Maturities, repayments and calls3,9437,573
Activity in held-to-maturity securities: Purchases(13,932)(2,138)
Net decrease (increase) in restricted stock443(298)
Net increase in loans and leases(17,733)(26,339)
Purchases of premises and equipment(332)(353)
Proceeds from sale of OREO and other repossessed property4611,276
Net Cash Used By Investing Activities(13,358)(966)
Cash Flows From Financing Activities:  
Net increase (decrease) in deposits5,760(13,273)
Repayment of FHLB advances(5,000)(23,000)
Net increase in short term repurchase agreements3,2273,455
(Decrease) increase in lease obligations(17)1,985
Dividends paid(743)(679)
Proceeds from the issuance of preferred stock (SBLF)12,955 
Repurchase of preferred stock and warrant (CPP)(12,208) 
Sale of treasury stock, net187160
Net Cash Provided by (Used By) Financing Activities4,161(31,352)
Net Change in Cash and Cash Equivalents(3,545)(27,612)
Cash and Cash Equivalents at Beginning of Period26,36043,832
Cash and Cash Equivalents at End of Period22,81516,220
Supplemental Disclosure of Cash Flow Information:  
Cash paid during the period for: Interest3,7495,829
Cash paid during the period for: Income taxes1,9591,620
Supplemental Disclosure of Non-cash Flow Information:  
Transfer securities from AFS to HTM, at fair value (amortized cost of $20,228)20,112 
Transfers from loans and leases to real estate owned$ 39$ 542