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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
NET INCOME $ 12,992 $ 12,341
Adjustments to Reconcile Net Income to Net Cash from Operating Activities:    
Net Amortization on Securities 976 1,731
Depreciation and Amortization 2,422 2,224
Loans Originated for Sale (43,022) (99,547)
Proceeds from Sales of Loans Held-for-Sale 44,295 98,490
Provision for Loan Losses 550 150
Gain on Sale of Loans, net (862) (1,563)
Gain on Securities, net (472) (1,080)
Loss on Sales of Other Real Estate and Repossessed Assets 44 253
Gain on Disposition and Impairment of Premises and Equipment 0 (70)
Increase in Cash Surrender Value of Company Owned Life Insurance (413) (478)
Equity Based Compensation 320 170
Change in Assets and Liabilities:    
Interest Receivable and Other Assets (4,120) 3,529
Interest Payable and Other Liabilities 520 (1,648)
Net Cash from Operating Activities 13,230 14,502
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from Maturity of Other Short-term Investments 0 1,445
Proceeds from Maturities, Calls, Redemptions of Securities Available-for-Sale 41,415 81,734
Proceeds from Sales of Securities Available-for-Sale 7,237 100,721
Purchase of Securities Available-for-Sale (47,284) (180,647)
Proceeds from Maturities of Securities Held-to-Maturity 84 78
Proceeds from Redemption of Federal Home Loan Bank Stock (92) 0
Purchase of Loans 0 (712)
Proceeds from Sales of Loans 0 2,000
Loans Made to Customers, net of Payments Received (27,673) (40,420)
Proceeds from Sales of Other Real Estate 1,036 459
Property and Equipment Expenditures (1,743) (1,606)
Proceeds from Sales of Property and Equipment 0 88
Net Cash used in Investing Activities (27,020) (36,860)
CASH FLOWS FROM FINANCING ACTIVITIES    
Change in Deposits (69,757) 986
Change in Short-term Borrowings 64,453 35,371
Advances in Long-term Debt 21,500 30,000
Repayments of Long-term Debt (1,252) (50,805)
Issuance of Common Stock 50 9
Dividends Paid (4,222) (3,795)
Net Cash from Financing Activities 10,772 11,766
Net Change in Cash and Cash Equivalents (3,018) (10,592)
Cash and Cash Equivalents at Beginning of Year 60,132 49,087
Cash and Cash Equivalents at End of Period 57,114 38,495
Cash Paid During the Period for    
Interest 2,980 4,349
Income Taxes 1,769 6,609
Supplemental Non Cash Disclosures    
Loans Transferred to Other Real Estate 986 626
Accounts Receivable Transferred to Securities $ (3,323) $ (45,803)