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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:  
Net loss$ (1,222)$ (2,517)
Adjustments to reconcile net loss to net cash provided by operating activities:  
Provision for credit losses15,43516,727
Goodwill and other intangible assets impairment1,3443,051
Depreciation and amortization1,8021,835
Discount accretion on debt securities(94)(91)
Stock-based compensation expense241301
Excess tax (expense) benefit from stock-based arrangements(44)3
Deferred income tax benefit(880)(2,213)
Gains on sales of investment securities(435)0
Losses on disposals of premises and equipment40
Losses on sales of other real estate owned651713
Net changes in:  
Accrued interest receivable1,03990
Other assets1,0311,189
Accrued interest payable(172)(855)
Other liabilities(2,730)(4,572)
Net cash provided by operating activities15,97013,661
CASH FLOWS FROM INVESTING ACTIVITIES:  
Proceeds from maturities and principal payments of investment securities available for sale42,74644,113
Proceeds from sales of investment securities available for sale17,4460
Purchases of investment securities available for sale(65,927)(41,580)
Proceeds from maturities and principal payments of investment securities held to maturity1861,070
Net change in loans7,025(5,030)
Purchases of premises and equipment(525)(1,253)
Proceeds from sales of premises and equipment40
Proceeds from sales of other real estate owned2,879990
Investment in unconsolidated subsidiary(12)(25)
Net cash provided by (used in) investing activities3,822(1,715)
CASH FLOWS FROM FINANCING ACTIVITIES:  
Noninterest-bearing deposits11,634(1,012)
Interest-bearing deposits20,769(7,497)
Short-term borrowings(749)(2,622)
Excess tax expense (benefits) from stock-based arrangements44(3)
Common stock dividends paid(676)(1,519)
Net cash provided by (used in) financing activities31,022(12,653)
Net increase (decrease) in cash and cash equivalents50,814(707)
Cash and cash equivalents at beginning of period77,96475,646
Cash and cash equivalents at end of period128,77874,939
Supplemental cash flows information:  
Interest paid8,56710,715
Income taxes paid1,986988
Transfers from loans to other real estate owned$ 9,693$ 668