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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 1,972 $ 2,692
Adjustments to net income:    
Depreciation and amortization expense 440 312
Provision for loan losses 296  
Share-based compensation expense 152 8
Loss (gain) on sale of other real estate owned 3 (35)
Write down of other real estate owned   184
Amortization of premium/discounts on securities held for sale, net 237 140
Amortization of loan mark-to-market discount from FDIC transaction (729) (344)
Other-than-temporary impairment loss on investment securities, net 30 37
Gain on sale of loans held for investment (723)  
Purchase and origination of loans held for sale   (62)
Recoveries on loans 184 17
Principal payments from loans held for sale 38  
Deferred income tax provision   344
Change in accrued expenses and other liabilities, net (387) (2,016)
Income from bank owned life insurance, net (128) (119)
Change in accrued interest receivable and other assets, net (1,347) 459
Net cash provided by operating activities 38 1,617
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from sale and principal payments on loans held for investment 50,977 35,219
Net change in undisbursed loan funds 107,003 40,077
Purchase and origination of loans held for investment (89,836) (33,243)
Proceeds from sale of other real estate owned 694 1,158
Principal payments on securities available for sale 5,797 2,719
Purchase of securities available for sale   (32,351)
Purchases of premises and equipment (657) (43)
Redemption of Federal Home Loan Bank of San Francisco stock 926 500
Cash disbursed for purchase of FAB (42,966)  
Cash acquired in FAB transaction 167,663  
Net cash provided by investing activities 199,601 14,036
CASH FLOWS FROM FINANCING ACTIVITIES    
Net (decrease) increase in deposit accounts (75,867) 17,840
Repayment of FHLB advances and other borrowings (88,214)  
Proceeds from issuance of common stock, net of issuance cost 4,560  
Proceeds from exercise of stock options 10 23
Repurchase of common stock (22) (102)
Net cash (used in) provided by financing activities (159,533) 17,761
NET INCREASE IN CASH AND CASH EQUIVALENTS 40,106 33,414
CASH AND CASH EQUIVALENTS, beginning of period 59,352 60,235
CASH AND CASH EQUIVALENTS, end of period 99,458 93,649
SUPPLEMENTAL CASH FLOW DISCLOSURES    
Interest paid 1,277 2,041
Income taxes paid 2,700 1,475
Assets acquired (liabilities assumed and capital created) in FAB transaction (See Note 3):    
Investment securities 222,391  
FHLB Stock and TIB Stock 653  
Loans 26,422  
Core deposit intangible 1,930  
Goodwill 11,854  
Fixed assets 70  
Other assets 6,098  
Deposits (356,818)  
Other borrowings (16,905)  
Other liabilities (4,454)  
Additional paid-in capital (15,983)  
NONCASH INVESTING ACTIVITIES DURING THE PERIOD    
Transfers from loans to other real estate owned   1,843
Investment securities available for sale purchased and not settled   $ 5,517