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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 14,139 $ 16,148
Adjustments to reconcile net income to net cash provided by operating activities:    
Net amortization (accretion) of premiums and discounts on investments 1,465 1,565
Provision for loan losses 5,981 4,745
Securities (gains) losses (7) (660)
Securities impairment loss 0 11
(Gain) loss on sale of other real estate 51 1
Restricted stock compensation 366 244
Depreciation and amortization 2,705 2,395
Other, net 329 3,829
NET CASH FROM OPERATING ACTIVITIES 25,029 28,278
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sales of securities available-for-sale 5,023 6,513
Redemption of retricted stock 250 1,172
Purchases of restricted stock (8) (186)
Purchases of customer list 0 (114)
Redemption of bank owned life insurance 0 7,319
Calls, maturities and principal reductions on securities available-for-sale 86,246 58,483
Purchases of securities available-for-sale (259,646) (58,052)
Loans made to customers, net of repayment 44,345 8,288
Proceeds from sales of other real estate owned 966 2,111
Net change in federal funds sold 10,585 (15,747)
Additions to premises and equipment (1,280) (6,518)
NET CASH FROM INVESTING ACTIVITIES (113,519) 3,269
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net change in deposits 2,877 (22,024)
Net change in short-term borrowings (11,357) (52,931)
Proceeds from other borrowings 95,000 0
Maturities of other borrowings (5,000) 0
Purchase of treasury stock (162) 0
Dividends paid (6,378) (6,203)
NET CASH FROM FINANCING ACTIVITIES 74,980 (81,158)
NET CHANGE IN CASH AND CASH EQUIVALENTS (13,510) (49,611)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 87,230 134,280
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 73,720 $ 84,669