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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash Flows from Operating Activities    
Net income $ 11,408 $ 12,301
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,067 3,033
Net premium amortization of investment securities:    
Provision for loan losses (2,707) (2,792)
Deferred income tax expense 274 1,145
Mortgage loans originated for sale (21,490) (19,289)
Proceeds from sale of mortgage loans 21,879 23,177
Gain on sale of mortgage loans, net (558) (343)
Loss (gain) on disposal and write downs of premises and equipment, net 16 (5)
Net loss on sale and write downs of other real estate 724 2,622
Net (gain) loss on sale of available for sale investment securities (163) 67
Increase in cash surrender value of company-owned life insurance (676) (694)
Death benefits in excess of cash surrender value on company-owned life insurance 0 (276)
Decrease in accrued interest receivable 379 281
Decrease in other assets 2,436 231
Decrease in accrued interest payable (85) (123)
Increase in other liabilities 3,950 1,869
Net cash provided by operating activities 21,859 24,214
Cash Flows from Investing Activities    
Proceeds from maturities and calls of available for sale investment securities 95,665 68,702
Proceeds from sale of available for sale investment securities 12,674 12,866
Purchase of investment securities:    
Available for sale (92,557) (79,133)
Held to maturity 0 (3,065)
Proceeds from sale of restricted stock investments, net 0 148
Loans originated for investment (greater) less than principal collected, net (3,806) 34,554
Purchase of premises and equipment (1,606) (1,620)
Proceeds from sale of other real estate 9,239 6,819
Proceeds from disposals of premises and equipment 23 5
Net cash provided by investing activities 19,632 39,276
Cash Flows from Financing Activities    
Net decrease in deposits (30,693) (45,057)
Net increase in federal funds purchased and other short-term borrowings 6,167 3,684
Proceeds from securities sold under agreements to repurchase and other long-term borrowings 507 7
Repayments of securities sold under agreements to repurchase and other long-term borrowings (116) (8,128)
Redemption of preferred stock (10,000) (10,000)
Dividends paid, preferred stock (508) (1,500)
Shares issued under employee stock purchase plan 93 94
Net cash used in financing activities (34,550) (60,900)
Net increase in cash and cash equivalents 6,941 2,590
Cash and cash equivalents at beginning of year 100,914 68,253
Cash and cash equivalents at end of period 107,855 70,843
Cash paid during the period for:    
Interest 6,608 7,935
Income taxes 1,200 1,850
Transfers from loans to other real estate 1,192 7,630
Sale and financing of other real estate 403 1,771
Cash dividends payable, preferred 0 225
Employee Stock Purchase Plan Expense [Member]    
Net premium amortization of investment securities:    
Noncash compensation expense 24 28
Director Fee Compensation [Member]    
Net premium amortization of investment securities:    
Noncash compensation expense 64 64
Available-for-sale Securities [Member]    
Net premium amortization of investment securities:    
Net premium amortization of investment securities 3,278 2,889
Held-to-maturity Securities [Member]    
Net premium amortization of investment securities:    
Net premium amortization of investment securities $ 39 $ 29