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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net Income $ 13,954 $ 12,240
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation, adjustments 1,100 1,110
Provision for loan losses, adjustments 8,500 11,276
Loss on sale and write down of other real estate owned 263 17
Amortization of intangible assets 27 27
Amortization of loan servicing rights 266 291
Net change in loan servicing rights valuation allowance (7) 130
Loans originated for sale (30,642) (25,735)
Net gain on sales of loans (659) (600)
Proceeds from sale of loans 33,482 26,154
Gain loss on disposition of property (1) 0
Net securities gains (losses) 166 0
Impairment on available for sale securities 121 252
Net securities amortization 1,202 707
Stock compensation expense 647 970
Earnings on life insurance (586) (522)
Tax benefit of stock option exercises (91) (160)
Net change:    
Accrued income receivable 262 (578)
Accrued expenses payable 1,006 (377)
Other assets (469) (2,909)
Other liabilities (66) 260
Total adjustments 14,521 10,313
Net cash from operating activities 28,475 22,553
Cash flows from investing activities:    
Proceeds from sale of available for sale securities 73,318 0
Proceeds from maturities, calls and principal paydowns of securities available for sale 38,446 48,311
Purchases of securities available for sale (113,507) (60,374)
Purchase of life insurance (148) (14)
Net increase in total loans (60,990) (51,900)
Proceeds from sales of land, premises and equipment 44 0
Purchases of land, premises and equipment (1,445) (783)
Proceeds from sales of other real estate 948 670
Net cash from investing activities (63,334) (64,090)
Cash flows from financing activities:    
Net increase (decrease) in total deposits 75,474 280,006
Net increase (decrease) in short-term borrowings (35,618) (175,366)
Payments on long-term borrowings (1) (1)
Common dividends paid (5,022) (4,989)
Preferred dividends paid (13) (1,601)
Redemption of preferred stock 0 (56,044)
Proceeds from stock option exercise 336 530
Purchase of treasury stock (113) (112)
Net cash from financing activities 35,043 42,423
Net change in cash and cash equivalents 184 886
Cash and cash equivalents at beginning of the period 60,141 55,983
Cash and cash equivalents at end of the period 60,325 56,869
Cash paid during the period for:    
Interest 13,300 14,415
Income taxes 8,822 10,740
Supplemental non-cash disclosures:    
Loans transferred to other real estate $ 270 $ 198