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Consolidated Statements of Cash Flows (unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash Flows from Operating Activities    
Net income $ 4,822 $ 3,010
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 547 587
Provision for loan losses 2,000 2,500
Stock compensation expense 0 1
Deferred income tax expense 494 360
Loans originated for sale (960) (4,624)
Proceeds from loans sold 868 3,770
Securities losses 64 16
Other-than-temporary impairment of securities 1 80
Loss on disposal of assets 129 552
Write down of foreclosed properties 1,891 2,423
Amortization of securities premiums (accretion of discounts), net 2,517 3,002
Amortization of goodwill and purchase accounting adjustments, net 155 181
(Increase) in accrued interest receivable (15) (97)
(Increase) in cash surrender value of bank owned life insurance (539) (474)
(Increase) decrease in other assets (492) 1,009
Increase (decrease) in other liabilities 388 (929)
Net cash provided by operating activities 11,870 11,367
Cash Flows from Investing Activities    
Proceeds from maturities and calls of securities available for sale 3,001 1,058
Proceeds from sales of securities available for sale 36,230 29,389
Principal payments received on securities available for sale 16,664 32,768
Purchases of securities available for sale (52,110) (79,177)
Purchases of other investments (1,968) 0
Proceeds from maturities and calls of other investments 0 (643)
Redemption of Federal Home Loan Bank Stock 2,347 4,618
Net principal payments received on loans (59,716) 5,878
Purchases of premises and equipment (224) (393)
Proceeds from disposal of premises and equipment 0 11
Proceeds from sales of other repossessed assets & property held for sale 4,846 8,862
Net cash provided by (used in) investing activities (50,930) 2,371
Cash Flows from Financing Activities    
Net increase in demand deposit, NOW and savings accounts 64,451 6,123
Net increase (decrease) in time deposits (10,468) 4,915
Net increase in short-term borrowings 28,960 12,804
Proceeds from long-term borrowings 0 3,454
Repayment of long-term borrowings (41,574) (43,202)
Exercise of stock options 15 61
Dividends paid on preferred stock (387) (388)
Net cash provided by (used in) financing activities 40,997 (16,233)
Increase (decrease) in cash and cash equivalents 1,937 (2,495)
Cash and cash equivalents:    
Beginning 11,782 14,802
Ending 13,719 12,307
Supplemental Disclosures of Cash Flow Information    
Cash payments for Interest 8,294 9,881
Cash payments for Income taxes 1,459 1,081
Supplemental Schedule of Noncash Investing and Financing Activities    
Other assets acquired in settlement of loans $ 1,970 $ 2,811