XML 15 R9.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating Activities      
Net Income $ 22,209 $ 21,118 $ 20,013
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:      
Provision for Loan Losses 6,775 14,735 15,420
Depreciation and Amortization 1,801 1,867 1,894
Provision for Deferred Income Taxes (1,260) (1,877) (7,412)
Net Amortization (Accretion) of Investment Security Premium & Discounts 1,230 289 (2,719)
Net Gain on Investment Securities (95) (2,895) (3,524)
Net Gain on Sale of Property & Equipment (5) (19) (11)
Net Change in Operating Assets & Liabilities:      
Net Increase in Interest Receivable and Other Assets (2,750) (6,360) (14,405)
Net Increase in Interest Payable and Other Liabilities 2,455 3,142 3,527
Net Cash Provided by Operating Activities 30,360 30,000 12,783
Investing Activities      
Purchase of Investment Securities Available-for-Sale (296,852) (379,795) (271,757)
Proceeds from Sold, Matured, or Called Securities Available-for-Sale 249,930 308,504 202,742
Purchase of Investment Securities Held-to-Maturity (1,580) (2,277) (1,870)
Proceeds from Matured, or Called Securities Held-to-Maturity 3,402 6,984 4,129
Net Loans Paid, Originated or Acquired 6,778 24,193 (41,285)
Principal Collected on Loans Previously Charged Off 127 236 290
Additions to Premises and Equipment (1,660) (1,196) (5,133)
Proceeds from Sale of Property & Equipment 20 21 16
Net Cash Used by Investing Activities (39,835) (43,330) (112,868)
Financing Activities      
Net Increase in Deposits 59,694 68,379 65,422
Net Change in Other Borrowings (61) (19,558) 19,446
Stock Repurchases 0 (608) (2,329)
Cash Dividends (9,158) (8,855) (8,596)
Net Cash Provided by Financing Activities 50,475 39,358 73,943
Increase (Decrease) in Cash and Cash Equivalents 41,000 26,028 (26,142)
Cash and Cash Equivalents at Beginning of Year 60,660 34,632 60,774
Cash and Cash Equivalents at End of Year 101,660 60,660 34,632
Supplementary Data      
Loans Transferred to Foreclosed Assets (ORE) 1,092 3,407 5,571
Cash Payments Made for Income Taxes 12,070 16,025 15,950
Interest Paid $ 8,474 $ 9,829 $ 17,843