XML 48 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Net cash (used in) provided by operating activities $ (4,370) $ 13,340
Investing activities:    
Purchases of investment securities available-for-sale 0 (231,455)
Purchases of mutual funds (8) 0
Proceeds from maturities, calls, and prepayments of investment securities available-for-sale 36,822 173,170
Proceeds from maturities, calls of investment securities held-to-maturity 447 310
Proceeds from sale of FHLB stock 186 0
Loan (increases) reductions, net (71,506) 45,090
Purchases of premises and equipment, net (1,061) (383)
Proceeds from sales of OREO 4,880 2,426
Net cash used in investing activities (30,240) (10,842)
Financing activities:    
Net increase (decrease) in deposits 28,018 (32,964)
Tax effect of non-vested restricted stock 72 83
FHLB advance borrowings 50,000 0
Repayment of FHLB advances (60,000) 0
Net cash provided by (used in) financing activities 17,946 (33,047)
Net decrease in cash and cash equivalents (16,664) (30,549)
Cash and cash equivalents at beginning of period 113,028 128,439
Cash and cash equivalents at end of period 96,364 97,890
Supplemental disclosures of cash flow information:    
Interest paid 2,118 2,847
Loans transferred to OREO $ 1,098 $ 972