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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
NET INCOME $ 3,141 $ 2,880
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion 1,316 1,894
Provision for loan losses 1,020 744
Loss on sale/writedown of ORE 280 396
Restricted stock expense 283 174
Increase in cash value of life insurance (107) (130)
Federal Home Loan Bank stock dividends (5) (3)
Changes in:    
Interest receivable (140) (282)
Loans held for sale, net 4,962 (1,914)
Interest payable (140) (81)
Other, net 5,670 3,287
NET CASH PROVIDED BY OPERATING ACTIVITIES 16,280 6,965
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash received in excess of cash paid for acquisition 43,150 0
Maturities and calls of securities available-for-sale 44,637 40,136
Purchases of securities available-for-sale and held-to-maturity (83,416) (60,762)
Net redemptions (purchases) of other securities (1,084) 11
Net increase in loans (41,390) (10,020)
Net additions in premises and equipment (658) (428)
NET CASH USED IN INVESTING ACTIVITIES (38,761) (31,063)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Increase in deposits 31,851 48,477
Net decrease in borrowed funds (6,771) (10,251)
Dividends paid on common stock (413) (340)
Dividends paid on preferred stock (257) (257)
Issuance of 1,951,220 common shares, net 18,958 0
NET CASH PROVIDED BY FINANCING ACTIVITIES 43,368 37,629
NET INCREASE IN CASH 20,887 13,531
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 30,877 23,181
CASH AND CASH EQUIVALENTS AT END OF PERIOD 51,764 36,712
SUPPLEMENTAL DISCLOSURES:    
CASH PAYMENTS FOR INTEREST 2,071 3,391
CASH PAYMENTS FOR INCOME TAXES 980 967
LOANS TRANSFERRED TO OTHER REAL ESTATE 1,875 6,353
ISSUANCE OF RESTRICTED STOCK GRANTS $ 49 $ 42