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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating Activities    
Net income $ 6,225 $ 3,991
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 750 1,734
Depreciation expense 1,444 1,413
Securities amortization, net 487 1,045
Stock based compensation expense 275 141
Stock portion of director retainer fee expense 89 97
Amortization of purchased intangible assets 432 480
Amortization of mortgage servicing rights 242 493
Earnings on cash surrender value of life insurance policies (327) (342)
(Recovery) of valuation allowance on mortgage servicing rights   (250)
Prepayment penalty on FHLB advance   2,239
Securities gains, net   (844)
Loss on sale and write-down of OREO 77 296
Gain on loans sold (849) (2,069)
Loans originated for sale (27,785) (98,723)
Proceeds from loan sales 31,387 112,723
Change in other assets and liabilities 2,186 213
Net cash provided by operating activities 14,633 22,637
Investing Activities    
Net change in short term investments (980)  
Purchases of securities available for sale (9,056) (126,915)
Proceeds from calls, maturities, and payments on securities available for sale 26,918 39,101
Proceeds from sales of securities available for sale 0 77,390
Proceeds from sale of OREO 867 1,520
Proceeds from life insurance benefit 588  
Loan originations and payment, net (17,402) (3,137)
Purchases of premises and equipment (745) (2,337)
Proceeds from redemption of restricted stock 1 2
Net cash provided/(used) by investing activities 191 (14,376)
Financing Activities    
Net change in deposits 25,197 (2,789)
Net change in other borrowings 1,270 4,960
Repayment of FHLB advances (333,434) (88,887)
Proceeds from FHLB advances 310,000 50,000
Proceeds from exercise of stock options, including tax benefit 60 111
Repayment of subordinated debentures, net (5,000)  
Cash dividends on preferred stock   (189)
Cash dividends on common stock (2,042) (1,220)
Net cash (used) by financing activities (3,949) (38,014)
Net change in cash and cash equivalents 10,875 (29,753)
Cash and cash equivalents, beginning of year 61,320 65,650
Cash and cash equivalents, end of period 72,195 35,897
Supplemental cash flow information    
Interest paid 2,302 2,959
Income taxes paid 300 15
Supplemental non cash disclosure    
Loan balances transferred to foreclosed real estate $ 665 $ 967