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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:    
Net income (loss) $ 588 $ (14,255)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Provision for loan losses 1,190 12,153
(Recapture) provision for losses on loans held for sale (84) 1,612
Provision for losses on REO 1,218 2,654
Depreciation 306 501
Net amortization of deferred loan origination costs 140 45
Net amortization of premiums on mortgage-backed securities 57 96
Amortization of investment in affordable housing limited partnership 147 325
Stock-based compensation expense 81 86
Earnings on bank owned life insurance (79) (87)
Gain on sale of office properties and equipment (2,523) 0
Gain on sale of securities (50) 0
Net (gains) losses on sales of REO (292) 35
Net losses on sales of loans 253 88
Net change in:    
Accrued interest receivable 448 518
Deferred tax assets 850 4,295
Other assets 128 (3,176)
Accrued interest payable 639 752
Other liabilities (82) 128
Net cash provided by operating activities 2,935 5,770
Cash flows from investing activities:    
Net change in loans receivable held for investment 50,233 35,904
Proceeds from sales and principal repayments of loans receivable held-for-sale 3,097 15,746
Available-for-sale securities:    
Sales 1,050 0
Maturities, prepayments and calls 4,291 2,511
Held-to-maturity securities:    
Maturities, prepayments and calls 0 2,207
Proceeds from sales of REO 7,760 4,727
Net redemption of Federal Home Loan Bank stock 188 0
Proceeds from sale of office properties and equipment 4,237 0
Additions to office properties and equipment (11) (33)
Net cash provided by investing activities 70,845 61,062
Cash flows from financing activities:    
Net change in deposits (37,615) (53,759)
Proceeds from Federal Home Loan Bank advances 29,500 9,500
Repayments on Federal Home Loan Bank advances (33,000) (13,500)
Reissuance of treasury stock 200 5
Net change in advance payments by borrowers for taxes and insurance (102) 541
Net cash used in financing activities (41,017) (57,213)
Net change in cash and cash equivalents 32,763 9,619
Cash and cash equivalents at beginning of the year 31,597 21,978
Cash and cash equivalents at end of the year 64,360 31,597
Supplemental disclosures of cash flow information:    
Cash paid for interest 5,787 7,299
Cash paid for income taxes 3 980
Supplemental disclosures of non-cash investing and financing activities:    
Transfers of loans receivable held for investment to REO 9,817 9,289
Transfers of loans receivable held for sale to REO 334 1,526
Transfers of loans receivable from loans receivable held for investment to loans receivable held-for-sale 9,667 2,544
Transfers of securities from held-to-maturity securities to available-for-sale securities $ 0 $ 10,525