Supplemental Disclosures for Consolidated Statements of Cash Flows

12 Months Ended

Dec. 31, 2012

Supplemental Disclosures for Consolidated Statements of Cash Flows [Abstract]

Supplemental Disclosures for Consolidated Statements of Cash Flows

Note Q    Supplemental Disclosures for Consolidated Statements of Cash Flows

Reconciliation of Net (Loss) Income to Net Cash Provided by Operating Activities for the three years ended:

	Year Ended December 31
	2012			2011			2010
	(In thousands)
Net income (loss)	$	(710	)	$	6,667		$	(33,203	)
Adjustments to reconcile net income (loss) to net cash (used) provided by operating activities
Depreciation		2,827			2,830			3,097
Net amortization of premiums and discounts on securities		4,740			2,555			623
Other amortization and accretion		20			(35	)		282
Change in loans available for sale, net		(20,143	)		5,724			5,893
Provision for loan losses, net		10,796			1,974			31,680
Deferred tax benefit		(7	)		(10	)		(53	)
Gain on sale of securities		(7,619	)		(1,220	)		(3,687	)
Gain on sale of loans		(816	)		(143	)		(113	)
Loss on sale or write down of foreclosed assets		3,548			3,812			13,520
Writedown on loan available for sale		1,238			0			0
Loss (gain) on disposition of equipment		774			58			(31	)
Stock based employee benefit expense		796			587			493
Change in interest receivable		861			(561	)		1,123
Change in interest payable		(524	)		(2,258	)		944
Change in prepaid expenses		2,601			2,748			3,822
Change in accrued taxes		(190	)		(145	)		21,424
Change in other assets		(835	)		585			(1,954	)
Change in other liabilities		581			573			(1,201	)
Net cash (used) provided by operating activities	$	(2,062	)	$	23,741		$	42,659
Supplemental disclosure of non cash investing activities
Fair value adjustment to securities	$	(3,405	)	$	5,530		$	(279	)
Transfers from loans to other real estate owned		14,067			35,500			22,114
Transfers from loans to loans available for sale		10,321			0			0
Transfers from other assets to other real estate owned		0			0			1,676
Transfer from bank premises and equipment to other real estate owned		0			0			377
Purchase of securities under trade date accounting		0			0			508
Transfer of loans to other assets		0			0			1,747
Transfer of other real estate owned to other assets		0			0			1,642
Matured securities recorded as a recievable		3,100			3,630			0