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Consolidated Statement of Cash Flows (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash Flows from Operating Activities:    
Net Income $ 11,130 $ 11,129
Provision for Loan Losses 390 750
Depreciation and Amortization 2,945 1,700
Compensation Expense for Allocated ESOP Shares 65 125
Gains on the Sale of Securities Available-for-Sale (1,041) (878)
Other Than Temporary Impairment 17 0
Loans Originated and Held-for-Sale (18,066) (3,540)
Proceeds from the Sale of Loans Held-for-Sale 28,317 3,595
Net (Gains) Losses on the Sale of Loans (218) (55)
Net (Gains) Losses on the Sale of Premises and Equipment, Other Real Estate Owned and Repossessed Assets 2 (2)
Contributions to Pension Plans (1,698) (160)
Deferred Income Tax Expense (Benefit) 537 (515)
Shares Issued Under the Directors' Stock Plan 88 74
Stock-Based Compensation Expense 174 147
Net (Increase) Decrease in Other Assets (2,439) (1,225)
Net Increase (Decrease) in Other Liabilities 4,026 (1,714)
Net Cash Provided By (Used In) Operating Activities 24,229 9,431
Cash Flows from Investing Activities:    
Proceeds from the Sale of Securities Available-for-Sale 16,971 10,859
Proceeds from the Maturities and Calls of Securities Available-for-Sale 145,744 122,722
Purchases of Securities Available-for-Sale (151,655) (135,469)
Proceeds from the Maturities of Securities Held-to-Maturity 24,205 12,163
Purchases of Securities Held-to-Maturity (2,757) (1,613)
Net (Increase) Decrease in Loans 14,892 (33,486)
Proceeds from the Sales of Premises and Equipment, Other Real Estate Owned and Repossessed Assets 252 415
Purchases of Premises and Equipment (1,415) (877)
Acquisition of Subsidiary (3,487) 264
Purchase of Bank-Owned Life Insurance (12,833) 0
Net Decrease (Increase) in Other Investments 1,583 (539)
Net Cash Provided By (Used In) Investing Activities 31,500 (25,561)
Cash Flows from Financing Activities:    
Net Increase (Decrease) in Deposits 7,855 (4,542)
Net Increase (Decrease) in Short-Term Borrowings 9,358 (11,442)
Proceeds from Federal Home Loan Bank Advances 10,000 10,000
Repayment of Federal Home Loan Bank Advances (50,000) 0
Purchases of Treasury Stock (2,759) (1,548)
Stock Options Exercised 313 319
Shares Issued Under the Employee Stock Purchase Plan 246 235
Tax Benefit from Exercise of Stock Options 2 63
Shares Issued for Dividend Reinvestment Plans 889 845
Allocation of Common Stock Purchased by the ESOP 276 328
Cash Dividends Paid (5,668) (5,472)
Net Cash Provided By (Used In) Financing Activities (29,488) (11,214)
Net Increase (Decrease) in Cash and Cash Equivalents 26,241 (27,344)
Cash and Cash Equivalents at Beginning of Period 31,079 67,116
Cash Paid During the Period for:    
Interest on Deposits and Borrowings 10,706 12,117
Income Taxes 4,181 9,933
Transfer of Loans to Other Real Estate Owned and Repossessed Assets 228 324
Net Unrealized Securities Holding Gains Arising During the Period, Net of Tax 3,787 5,237
Reclassification Adjustment for Net Securities Gains Included in Net Income, Net of Tax 618 (530)
Shares Issued for Acquisition of Subsidiary 3,134 682
Amortization of Net Retirement Plan Actuarial Loss 309 304
Accretion of Net Retirement Plan Prior Service Credit (38) (53)
Fair Value of Assets from Acquisition of Subsidiary 7,688 882
Fair Value of Liabilities from Acquisition of Subsidiary $ 1,067 $ 465