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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 $ 3,825 $ (10,809)
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 2,700 27,310
Depreciation and amortization 1,725 1,839
Discount accretion on debt securities (41) (30)
Stock-based compensation expense 79 58
Excess tax benefit from stock-based arrangements 0 (26)
Deferred income tax expense 1,923 286
Gains on sales of investment securities 0 (913)
Losses on sales of other real estate owned 3 241
Write-downs of other real estate owned 466 947
Gain on sale of wholesale insurance subsidiary (114) 0
Loss on termination of cash flow hedge 0 1,306
Net changes in:    
Accrued interest receivable (79) 27
Other assets (204) (8,561)
Accrued interest payable (26) (68)
Other liabilities (985) (1,220)
Net cash provided by operating activities 9,272 10,387
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturities and principal payments of investment securities available for sale 35,473 27,518
Proceeds from sales of investment securities available for sale 0 40,351
Purchases of investment securities available for sale (111,949) (62,049)
Proceeds from maturities and principal payments of investment securities held to maturity 443 294
Net change in loans 3,354 7,963
Purchases of premises and equipment (736) (292)
Proceeds from sales of premises and equipment 0 4
Proceeds from sales of other real estate owned 734 3,595
Proceeds from sale of wholesale insurance subsidiary 2,878 0
Return of investment in unconsolidated subsidiary 0 85
Net cash (used in) provided by investing activities (69,803) 17,469
CASH FLOWS FROM FINANCING ACTIVITIES:    
Noninterest-bearing deposits 17,402 12,233
Interest-bearing deposits (10,216) (131,093)
Short-term borrowings 615 (2,293)
Proceeds from issuance of common stock through public offering, net 31,279 0
Excess tax benefit from stock-based arrangements 0 26
Net cash provided by (used in) financing activities 39,080 (121,127)
Net decrease in cash and cash equivalents (21,451) (93,271)
Cash and cash equivalents at beginning of period 131,090 200,193
Cash and cash equivalents at end of period 109,639 106,922
Supplemental cash flows information:    
Interest paid 3,284 5,307
Income taxes paid 85 265
Transfers from loans to other real estate owned 2,224 2,857
Transfers from loans to loans held for sale 0 23,635
Transfers from loans held for sale to loans $ 3,521 $ 0