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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
NET INCOME $ 6,305 $ 5,809
Adjustments to Reconcile Net Income to Net Cash from Operating Activities:    
Net Amortization on Securities 479 939
Depreciation and Amortization 1,216 1,099
Loans Originated for Sale (22,414) (51,090)
Proceeds from Sales of Loans Held-for-Sale 22,255 43,299
Provision for Loan Losses 350 350
Gain on Sale of Loans, net (476) (754)
Gain on Securities, net (228) (613)
Loss (Gain) on Sales of Other Real Estate and Repossessed Assets 2 142
Loss (Gain) on Disposition and Impairment of Premises and Equipment 1 (70)
Increase in Cash Surrender Value of Company Owned Life Insurance (211) (264)
Equity Based Compensation 158 85
Change in Assets and Liabilities:    
Interest Receivable and Other Assets 606 1,722
Interest Payable and Other Liabilities 1,079 (23)
Net Cash from Operating Activities 9,122 631
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from Maturities, Calls, Redemptions of Securities Available-for-Sale 18,315 43,537
Proceeds from Sales of Securities Available-for-Sale 254 74,749
Purchase of Securities Available-for-Sale (25,776) (119,536)
Proceeds from Maturities of Securities Held-to-Maturity 84 78
Purchase of Loans 0 (712)
Loans Made to Customers, net of Payments Received 18,240 13,158
Proceeds from Sales of Other Real Estate 444 308
Property and Equipment Expenditures (396) (693)
Proceeds from Sales of Property and Equipment 0 88
Net Cash from Investing Activities 11,165 10,977
CASH FLOWS FROM FINANCING ACTIVITIES    
Change in Deposits (44,369) 18,982
Change in Short-term Borrowings 19,240 (47,274)
Advances in Long-term Debt 1,500 30,000
Repayments of Long-term Debt (1,557) (31,545)
Issuance of Common Stock 25 0
Dividends Paid (2,108) (1,896)
Net Cash from Financing Activities (27,269) (31,733)
Net Change in Cash and Cash Equivalents (6,982) (20,125)
Cash and Cash Equivalents at Beginning of Year 60,132 49,087
Cash and Cash Equivalents at End of Period 53,150 28,962
Cash Paid During the Period for    
Interest 1,588 2,608
Income Taxes 0 4
Supplemental Non Cash Disclosures    
Loans Transferred to Other Real Estate 187 543
Reclassification of Loan to Secured Borrowing 0 2,006
Securities Transferred to Accounts Receivable 3,323 0
Accounts Receivable Transferred to Securities $ 0 $ (45,803)