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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 6,400 $ 4,973
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of discounts and premiums on securities 538 1,384
Gain on sales of securities available-for-sale (50) (38)
Gain on sales of SBA loans (599) (270)
Proceeds from sale of SBA loans originated for sale 11,331 3,576
Net change in SBA loans originated for sale (9,853) (6,238)
Provision (credit) for loan losses (208) (270)
Increase in cash surrender value of life insurance (795) (826)
Depreciation and amortization 353 356
Amortization of intangible assets 230 237
Gains on sale of foreclosed assets, net   (231)
Stock option expense, net 422 275
Amortization of restricted stock awards, net (91) 116
Gain on redemption of company owned life insurance (51)  
Effect of changes in:    
Accrued interest receivable and other assets 1,564 (135)
Accrued interest payable and other liabilities 184 668
Net cash provided by operating activities 9,375 3,577
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of securities available-for-sale (34,775) (8,334)
Purchase of securities held-to-maturity (2,347) (34,681)
Maturities/paydowns/calls of securities available-for-sale 9,859 41,588
Maturities/paydowns/calls of securities held-to-maturity 1,217 2,373
Proceeds from sale of securities available-for-sale 50,011 26,944
Net change in loans (75,792) (29,065)
Change in Federal Home Loan Bank and Federal Reserve Bank stock 121 (143)
Purchase of premises and equipment (350) (428)
Proceeds from sale of foreclosed assets   809
Proceeds from redemption of company owned life insurance 406  
Net cash (used in) provided by investing activities (51,650) (937)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net change in deposits (18,373) (290,329)
Repurchase of warrant   (140)
Payment of cash dividends (2,558)  
Exercise of stock options 19 26
Net cash used in financing activities (20,912) (290,443)
Net decrease in cash and cash equivalents (63,187) (287,803)
Cash and cash equivalents, beginning of period 112,605 373,565
Cash and cash equivalents, end of period 49,418 85,762
Supplemental disclosures of cash flow information:    
Interest paid 1,039 1,442
Income taxes paid 2,060 2,235
Supplemental schedule of non-cash investing activity:    
Due to broker for securities purchased   1,538
Loans transferred to foreclosed assets   33
Transfer of loans held-for-sale to loan portfolio   $ 20