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Statement of Cash Flows Supplemental Disclosure
9 Months Ended
Sep. 30, 2013
Supplemental Cash Flow Elements [Abstract]  
Statement of Cash Flows Supplemental Disclosure
11. STATEMENT OF CASH FLOWS SUPPLEMENTAL DISCLOSURE

Supplemental disclosures of cash flow information are summarized below.

 

    Nine Months Ended
September 30,
2013
    Nine Months Ended
September 30,
2012
 
    (Dollars in thousands)  

Supplemental disclosures of cash flow information

   

Cash paid during the period for:

   

Interest on deposits and borrowings

  $ 10,146      $ 14,202   

Income taxes

    500        —     

Supplemental schedule of noncash activities:

   

Loans transferred from portfolio to held for sale

    —          1,214   

Transfers from loans to real estate owned and other repossessed assets

    1,468        5,743   

Transfers from real estate owned to premises and equipment

    —          1,746   

Amortization of preferred stock discount

    6,751        —     

Conversion of preferred stock to common stock

    21,841        —