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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash Flows from Operating Activities:      
Net income $ 15,747 $ 16,006 $ 11,571
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses 294 2,133 3,170
Depreciation 1,734 1,761 1,385
Goodwill 0 0 0
Net accretion of purchase accounting adjustments (7,390) (9,113) (5,400)
Core deposit intangible amortization 1,501 1,935 1,282
Net amortization (accretion) of securities 3,158 3,261 1,836
Net (gain) loss on sale or call of securities (192) (158) 1
Impairment of securities 0 0 0
Gain on sale of loans held for sale (1,705) (1,958) (1,101)
Proceeds from sales of loans held for sale 92,189 94,555 52,169
Originations of loans held for sale (79,392) (100,119) (54,150)
Net (gain) loss on foreclosed real estate (85) (388) (574)
Valuation allowance on foreclosed real estate 1,070 502 453
Net gain on sale of premises and equipment 0 (503) (114)
Stock-based compensation expense 0 0 63,000
Equity-based compensation expense 574 738 596
Deferred income tax expense 2,024 5,557 3,053
Net change in interest receivable (30) 383 66
Net change in other assets (1,355) 1,708 (1,306)
Net change in interest payable (145) (77) (36)
Net change in other liabilities 147 (1,617) (34)
Net cash provided by operating activities 28,144 14,606 12,867
Cash Flows from Investing Activities:      
Proceeds from sales of securities available for sale 2,623 4,208 2,099
Proceeds from sales of securities held to maturity 0 0 0
Proceeds from maturities, calls and paydowns of securities available for sale 53,792 65,833 69,011
Proceeds from maturities, calls and paydowns of securities held to maturity 0 0 1,276
Purchases of securities available for sale (79,830) (73,535) (114,972)
Net change in restricted stock 398 732 120
Net decrease in loans (368) 37,240 27,444
Proceeds from sale of premises and equipment 0 572 189
Purchases of premises and equipment (865) (699) (1,734)
Proceeds from sales of foreclosed real estate 3,612 6,051 2,965
Capital improvements in other real estate owned 0 (22) (140)
Cash paid in bank acquisition 0 0 (12)
Cash acquired in bank acquisition 0 0 34,783
Net cash provided by (used in) investing activities (20,638) 40,380 21,029
Cash Flows from Financing Activities:      
Net change in demand, money market, and savings deposits 49,978 (6,801) 25,924
Net change in time deposits (19,692) (23,760) (27,220)
Net change in customer repurchase agreements (10,464) 4,367 (1,509)
Net change in other short-term borrowings 0 (3,000) (3,110)
Net change in long-term borrowings (150) (149) (8,151)
Net change in trust preferred capital notes 0 0 0
Common stock dividends paid (7,248) (7,212) (6,421)
Preferred stock dividends paid 0 0 (103)
Repurchase of preferred stock 0 0 (3,100)
Proceeds from exercise of stock options 309 118 173
Net cash provided by (used in) financing activities 12,733 (36,437) (23,517)
Net Increase (Decrease) in Cash and Cash Equivalents 20,239 18,549 10,379
Cash and Cash Equivalents at Beginning of Period 47,442 28,893 18,514
Cash and Cash Equivalents at End of Period $ 67,681 $ 47,442 $ 28,893