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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:      
Net income (loss) $ 3,614 $ (24,702) $ (10,690)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Provision for loan losses 1,350 15,966 16,600
Loss on sale of other real estate owned 10 4,804 (213)
Writedown of other real estate owned 130 1,299 1,554
Depreciation and amortization 2,006 2,107 2,029
Deferred income taxes (225) 8,262 (5,737)
Stock based compensation 370 359 276
Gain on sale and call of investment securities (737) (640) (1,254)
Impairment charges on investment securities 34 42 372
Amortization of premiums on investment securities 440 75 93
Proceeds from sales of SBA loans originated for sale 57,108 56,748 0
SBA loans originated for sale (50,734) (52,410) 0
Gains on sales of SBA loans originated for sale (5,531) (5,263) 0
Increase in value of bank owned life insurance (73) (137) (182)
Net (increase) decrease in accrued interest receivable and other assets 222 (1,734) (7,206)
Decrease in accrued interest payable and other liabilities 336 330 263
Net cash provided by operating activities 7,204 7,914 9,791
Cash flows from investing activities:      
Purchase of investment securities available for sale (72,464) (80,987) (20,313)
Proceeds from the sale of securities available for sale 25,784 34,277 18,239
Proceeds from maturity or call of securities available for sale 33,670 17,969 44,171
Proceeds from maturity or call of securities held to maturity 75 7 8
Proceeds from redemption of FHLB stock 1,505 1,180 335
Net (increase) decrease in loans (35,174) (13,865) 48,553
Proceeds from sale of loans 0 22,576 0
Net proceeds from sale of other real estate owned 334 9,447 3,946
Proceeds from death benefit on bank owned life insurance 0 2,275 0
Premises and equipment expenditures (475) (584) (3,035)
Net cash (used in) provided by investing activities (46,745) (7,705) 91,904
Cash flow from financing activities:      
Net proceeds from stock offering 0 0 28,802
Net proceeds from exercise of stock options 0 0 14
Stock purchases for deferred compensation plan 0 0 (100)
Net increase in demand, money market and savings deposits 30,297 211,067 18,963
Net decrease in time deposits (93,707) (16,186) (144,127)
Net decrease in other borrowings 0 0 (25,000)
Net cash (used in) provided by financing activities (63,410) 194,881 (121,448)
Net (decrease) increase in cash and cash equivalents (102,951) 195,090 (19,753)
Cash and cash equivalents, beginning of year 230,955 35,865 55,618
Cash and cash equivalents, end of period 128,004 230,955 35,865
Supplemental disclosures:      
Interest paid 7,114 8,103 11,118
Non-cash transfers from loans to other real estate owned $ 2,907 $ 6,792 $ 6,913