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Condensed Consolidated Statements of Cash Flows (unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating activities:    
Net income $ 1,007 $ 1,735
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 443 486
Provision for loan losses 75 1,875
Deferred income tax benefit 0 (692)
Amortization of intangible assets and other purchase accounting adjustments, net 137 194
Amortization of premiums and discounts on investment securities, net 554 427
Gain on sales of securities available-for-sale, net (554) (1,084)
Compensation expense for vested stock options 20 29
Gain on sales of other real estate owned, net 705 95
Loans originated for sale (20,800) (11,498)
Proceeds from sales of loans originated for sale 22,074 13,773
Decrease in accrued interest payable (163) (124)
Decrease in accrued interest receivable 1,424 1,323
Decrease in other assets 1,751 2,173
Increase (decrease) in other liabilities (932) 704
Net cash provided by operating activities 5,741 9,416
Investing activities:    
Proceeds from sales of investment securities available-for-sale 25,663 34,395
Proceeds from maturities of investment securities available-for-sale 9,828 5,494
Purchase of investment securities available-for-sale (68,266) (34,949)
Proceeds from maturities of investment securities held-to-maturity 1,938 1,197
Proceeds from sales of other real estate owned 10,152 1,134
Net decrease in loans 47,581 12,918
Purchases of premises and equipment (208) (161)
Net cash provided by investing activities 26,688 20,028
Financing activities:    
Net increase (decrease) in deposits 4,529 (12,294)
Net increase (decrease) in short-term borrowings 2,662 (4,829)
Sales of treasury stock 8 10
Award of nonvested stock from treasury stock 19 0
Net cash provided by (used in) financing activities 7,218 (17,113)
Increase in cash and cash equivalents 39,647 12,331
Cash and cash equivalents at beginning of period 63,295 43,880
Cash and cash equivalents at end of period 102,942 56,211
Cash paid during the period for:    
Interest 1,397 1,946
Income taxes 16 0
Supplemental disclosures of non-cash flow activities:    
Loans transferred to other real estate owned $ 1,398 $ 1,149