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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
4 Months Ended 8 Months Ended 12 Months Ended
Dec. 31, 2011
Successor
Sep. 07, 2011
Predecessor
Dec. 31, 2010
Predecessor
Dec. 31, 2009
Predecessor
Cash flows from operating activities        
Net income (loss) $ 2,647 $ (41,519) $ (80,695) $ (150,694)
Adjustments to reconcile net income / (loss) to net cash provided by operating activities:        
Provision for loan losses   43,742 71,107 50,246
Impairment of goodwill       143,389
Depreciation and amortization   3,597 7,152 7,117
Security amortization and accretion, net   232 538 73
Write down of investments for impairment     93 1,272
Gain on sales of securities available for sale   (6,324)   (1,415)
Net gain on sale of mortgage loans   (251) (653) (264)
Originations of mortgage loans held for sale   (20,563) (46,994) (43,879)
Proceeds from sales of mortgage loans   20,362 47,881 43,050
Increase in cash surrender value of life insurance   (767) (1,202) (1,125)
Gain from settlement of life insurance       (305)
Net losses from sales of fixed assets   444 (1) (85)
Stock-based compensation expense   948 626 686
Net loss on other real estate and repossessed assets   20,100 29,895 8,156
Deferred tax benefit     26,739 (1,654)
Amortization of Subordinated Debenture Discount 1,543      
Net changes:        
Other assets 554 11,996 (4,139) (21,375)
Accrued interest payable and other liabilities (3,884) 700 (5,505) (3,177)
Net cash provided by operating activities 860 32,697 44,842 30,016
Cash flows from investing activities        
Net change in interest-bearing deposits with banks     11,000 (11,000)
Purchase of securities available for sale   (209,790) (171,820) (92,100)
Proceeds from sales of securities available for sale   176,577   36,266
Proceeds from maturities of securities available for sale   64,822 118,246 113,440
Proceeds from maturities of securities held to maturity   465 160 30
Net change in loans   146,969 195,847 99,111
Proceeds from settlement of life insurance       691
Proceeds from sale of other real estate   19,781 16,136 11,930
Improvements to other real estate   (261) (813) (307)
Proceeds from sale of fixed assets   7 8 800
Net Change in Cash Due to Merger of GreenBank into Capital Bank, NA (393,433)      
Investment in Capital Bank, NA (142,850)      
Premises and equipment expenditures   (947) (1,551) (3,542)
Net cash provided by investing activities (536,283) 197,623 167,213 155,319
Cash flows from financing activities        
Net change in deposits   (124,497) (102,057) 270,162
Net change in brokered deposits     (5,185) (370,213)
Net change in repurchase agreements   (4,026) (5,036) (10,853)
Repayments of FHLB advances and notes payable   (855) (13,346) (57,350)
Proceeds from Capital Bank Financial Corp. Investment (5,211) 147,569    
Preferred stock dividends paid     (2,711) (3,232)
Common stock dividends paid       (1,713)
Net cash (used) in financing activities (5,211) 18,191 (128,335) (173,199)
Net change in cash and cash equivalents (540,634) 248,511 83,720 12,136
Cash and cash equivalents, beginning of year 542,725 294,214 210,494 198,358
Cash and cash equivalents, end of year 2,091 542,725 294,214 210,494
Supplemental disclosures - cash and noncash        
Interest paid 2,331 17,815 41,875 62,198
Income taxes paid net of refunds     (148) 1,675
Loans converted to other real estate   51,851 54,613 75,545
Unrealized gain (loss) on available for sale securities, net of tax $ (1,461) $ (1,242) $ 810 $ 852