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Note 27: Condensed Parent Company Statements: Schedule of Parent Company Condensed Statements of Cash Flows (Tables)
12 Months Ended
Dec. 31, 2014
Tables/Schedules  
Schedule of Parent Company Condensed Statements of Cash Flows

 

 

2014

 

2013

 

2012

(In Thousands)

 

 

 

 

 

Statements of Cash Flows

 

 

 

 

 

Operating Activities

 

 

 

 

 

Net income

$43,529

 

$33,729

 

$48,706

Items not requiring (providing) cash

 

 

 

 

 

Equity in undistributed earnings of subsidiary

(8,904)

 

(11,023)

 

(37,925)

Compensation expense for stock option grants

565

 

443

 

435

Net realized gains on sales of available-for-sale

 

 

 

 

 

securities

--

 

--

 

(280)

Amortization of interest rate derivative

19

 

--

 

--

Changes in

 

 

 

 

 

Prepaid expenses and other assets

(3)

 

4

 

(19)

Accounts payable and accrued expenses

(67)

 

(146)

 

226

Income taxes

43

 

1

 

10

Net cash provided by operating activities

35,182

 

23,008

 

11,153

 

 

 

 

 

 

Investing Activities

 

 

 

 

 

(Investment)/Return of principal - other investments

20

 

(13)

 

49

Proceeds from sale of available-for-sale securities

--

 

--

 

664

Proceeds from maturity of held-to-maturity securities

--

 

--

 

840

Net cash provided by (used in) investing

 

 

 

 

 

activities

20

 

(13)

 

1,553

 

 

 

 

 

 

Financing Activities

 

 

 

 

 

Purchase of interest rate derivative

--

 

(738)

 

--

Purchases of the Company’s common stock

(512)

 

--

 

--

Dividends paid

(11,257)

 

(7,964)

 

(12,991)

Stock options exercised

2,438

 

1,242

 

2,269

Net cash used in financing activities

(9,331)

 

(7,460)

 

(10,722)

 

 

 

 

 

 

Increase in Cash

25,871

 

15,535

 

1,984

 

 

 

 

 

 

Cash, Beginning of Year

38,965

 

23,430

 

21,446

 

 

 

 

 

 

Cash, End of Year

$64,836

 

$38,965

 

$23,430

 

 

 

 

 

 

Additional Cash Payment Information

 

 

 

 

 

Interest paid

$570

 

$565

 

$620