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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating activities    
Net income $ 6,312 $ 4,588
Adjustments to reconcile net income to cash provided by operating activities:    
Provision for loan losses 1,200 1,625
Depreciation and other amortization 633 688
Accretion and amortization of securities discounts and premium, net 268 148
Gain on sale of investment securities available for sale (325) (295)
(Gain) loss on sale of real estate owned 51 (74)
Write-down of real estate owned 389 737
Compensation expense related to stock options and grants 526 384
Gain on sale of loans held for sale (3,424) (2,484)
Loans originated and held for sale (122,495) (106,754)
Proceeds from sale of loans held for sale 116,495 108,601
Increase in cash surrender value of bank owned life insurance (366) (331)
(Increase) decrease in deferred tax asset 963 (207)
(Increase) decrease in other assets, net (432) 165
Increase (decrease) in other liabilities 1,863 (1,157)
Net cash provided by operating activities 1,658 5,633
Increase (decrease) in cash realized from:    
Origination of loans, net (61,309) (92,843)
Purchase of property and equipment (2,484) (2,547)
Purchase of investment securities:    
Available for sale (16,852) (9,352)
Other (169) (149)
Payments and maturities, calls and repayments of investment securities:    
Available for sale 13,127 2,359
Other 1,140
Proceeds from sale of investment securities available for sale 10,602 10,071
Proceeds from sale of real estate owned 320 100
Net cash used for investing activities (56,765) (91,221)
Increase (decrease) in cash realized from:    
Increase in deposits, net 63,391 105,617
Decrease in Federal Home Loan Bank advances and other borrowings (20,000)
Proceeds from the exercise of stock options and warrants 369 117
Net cash provided by financing activities 63,760 85,734
Net increase in cash and cash equivalents 8,653 146
Cash and cash equivalents at beginning of the period 62,866 41,264
Cash and cash equivalents at end of the period 71,519 41,410
Cash paid for    
Interest 4,012 3,634
Income taxes 2,680 2,705
Schedule of non-cash transactions    
Real estate acquired in settlement of loans 245 343
Unrealized gain (loss) on securities, net of income taxes $ 1,171 $ (219)