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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash Flows From Operating Activities    
Net income $ 5,856 $ 5,264
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,536 1,466
Provision for (recovery of) loan losses 1,510 (1)
Gain on securities available for sale, net (141) (397)
Loss on disposal of assets, net 59 141
Premium amortization on securities, net 2,114 2,764
Decrease in loans held for sale, net 33,175 40,259
Share-based compensation 297 380
Gain on sale of majority interest in consolidated subsidiary (24) 0
(Gain) loss on sale of other real estate owned and repossessed assets, net (238) 747
Valuation adjustment on other real estate owned 222 235
Valuation adjustment on property held for sale 200 0
Decrease in prepaid FDIC insurance 0 3,015
Changes in assets and liabilities:    
Decrease in other assets (2,431) (73)
Decrease in other liabilities 3,025 2,123
Net cash provided by operating activities 45,160 55,923
Cash Flows from Investing Activities    
Proceeds from maturity, calls and sales of securities available for sale 102,344 83,253
Purchase of securities available for sale (105,448) (103,380)
Redemption (purchase) of restricted stock 1,951 (15)
(Sales) purchases of bank premises and equipment, net 988 (1,273)
Increase in loans, net (8,117) (9,946)
Proceeds from sale of majority interest in consolidated subsidiary, net 3,618 0
Proceeds from sale of other real estate owned and repossessed assets 1,680 6,806
Net cash provided by (used in) investing activities (2,984) (24,555)
Cash Flows from Financing Activities    
Increase (decrease) in demand, interest-bearing demand and savings deposits 23,885 (3,849)
Decrease in certificates of deposit (19,715) (19,485)
Increase in securities sold under agreements to repurchase 1,930 1,030
Decrease in short-term borrowings 0 (6,422)
(Decrease) increase in FHLB borrowings (35,000) 7,088
Distributions to non-controlling interest 0 (233)
Payment of dividends on common stock (1,706) (1,203)
Proceeds from issuance of common stock, net 300 38
Repurchase of common stock (88) (102)
Net cash provided by (used in) financing activities (30,394) (23,138)
Increase in cash and and cash equivalents 11,782 8,230
Cash and cash equivalents at beginning of the period 67,343 54,415
Cash and cash equivalents at end of the period 79,125 62,645
Supplemental Disclosures of Cash Flow Information    
Interest paid 4,194 5,189
Income taxes 500 0
Supplemental Disclosure of Non-Cash Transactions    
Unrealized gain (loss) on securities available for sale 5,480 (8,839)
Change in market value of interest rate swap (41) 303
Transfer of loans to other real estate owned and repossessed assets $ 4,438 $ 2,389