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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating Activities    
Net income $ 8,195 $ 10,976
Items not requiring (providing) cash    
Provision for loan losses 339 2,813
Depreciation and amortization 1,805 1,686
Share based compensation 87 16
Mortgage servicing rights recovery (38) (135)
Premium amortization on securities available for sale, net 1,132 1,540
Gain on sale of investment securities 0 (368)
Gain on sale of mortgage loans (3,948) (5,913)
Proceeds from sales of loans 93,991 202,947
Loans originated for sale (94,048) (198,000)
Change in cash value of life insurance (485) (509)
Gain on sale of other real estate owned (173) (277)
Net change in    
Interest receivable (432) (33)
Interest payable (50) 371
Other assets 702 7,101
Other liabilities (1,190) (983)
Net cash provided by operating activities 5,887 21,232
Investing Activities    
Purchases of securities available for sale (52,484) (97,983)
Proceeds from sales, maturities, calls, and principal repayments of securities available for sale 35,828 82,920
Purchase of securities held to maturity (4,839) (9,910)
Proceeds from maturities of securities held to maturity 7,900  
Purchase of Federal Reserve Bank stock (6) (851)
Net change in loans (130,424) 67,621
Proceeds on the sale of OREO and repossessed assets 2,095 2,053
Purchases of premises and equipment (3,326) (2,356)
Acquisition of SCB 7,925  
Purchase of Mortgage Company (736)  
Net cash provided by (used in) by investing activities (138,067) 41,494
Net change in    
Deposits 86,564 3,103
Borrowings 66,993 (62,849)
Dividends paid on common shares (2,231) (1,738)
Dividends paid on preferred shares (63) (242)
Net cash provided by (used in) financing activities 151,263 (61,726)
Net Change in Cash and Cash Equivalents 19,083 1,000
Cash and Cash Equivalents, Beginning of Period 31,721 30,735
Cash and Cash Equivalents, End of Period 50,804 31,735
Additional Supplemental Information    
Interest paid 6,527 6,450
Income taxes paid 600 3,100
Transfer of loans to other real estate owned 1,999 1,381
Transfer of available-for -sale securities to held-to-maturity 167,047  
The Company purchased all of the capital stock of Summit for $18,896. In conjunction with the acquisition, liabilities were assumed as follows:    
Fair value of assets acquired 158,585  
Cash paid to retire Summit debt 6,207  
Cash paid for the capital stock 1,029  
Liabilities assumed $ 138,660