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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash Flows from Operating Activities    
Net income $ 3,320 $ 3,686
Adjustments to reconcile net income to net cash provided by operating activities    
Provision (recovery) for loan losses 2,155 (184)
Mortgage banking income (579) (992)
Changes in fair value on loans held for sale (804) (561)
Net losses on real estate owned and other repossessed assets sold 13 90
Net gain on available for sale securities sold (153) (11)
Net (gain) loss on other assets sold (2)  
Amortization of premiums and accretion of discounts 1,848 76
Depreciation and amortization 559 510
Net change in interest receivable 195 555
Net change in interest payable 57 34
Net change in prepaid and other assets (629) (987)
Net change in other liabilities (305) 345
Stock based compensation 218 147
Net principal disbursed on loans originated for sale (51,429) (55,885)
Proceeds from sale of loans held for sale 52,104 46,925
Net change in deferred tax assets 1,437 3,765
Cash surrender value of life insurance (365) (332)
Net change in interest rate caps 3 54
Net cash from operating activities 7,643 (2,765)
Cash Flows from Investing Activities    
Proceeds from the principal repayments and maturities of securities available for sale 8,211 7,477
Proceeds from the principal repayments and maturities of securities held to maturity 2,739  
Proceeds from the sale of securities available for sale 18,134 5,153
Proceeds from the sale of real estate owned and other repossessed assets 1,171 751
Proceeds from the sale of loans held for investment 1  
Proceeds from the sale of premises and equipment 2  
Purchases of premises and equipment (467) (290)
Principal disbursed on loans, net of repayments (36,809) (19,110)
Loans purchased (8,681) (1,304)
Purchase of securities available for sale (21,496)  
Net cash received in acquisition 43  
Net cash from investing activities (37,152) (7,323)
Cash Flows from Financing Activities    
Net increase in checking, savings and money market accounts 45,534 64,632
Net decrease in certificates of deposit (14,663) (5,724)
Net decrease in advance payments by borrowers for taxes and insurance (4,927) (5,375)
Net change in short-term FHLB advances 12,000 (34,000)
Repayments of repurchase agreements and other borrowed funds (6) (6)
Proceeds from the exercise of stock options 11 16
Dividends paid (1,194) (493)
Purchase of treasury stock (2,586) (277)
Net cash from financing activities 34,169 18,773
Change in cash and cash equivalents 4,660 8,685
Cash and cash equivalents, beginning of period 35,910 32,980
Cash and cash equivalents, end of period $ 40,570 $ 41,665