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Consolidated Statements of Cash Flows (unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities:    
Net earnings $ 6,858 $ 3,428
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 1,473 1,321
Accretion of purchase accounting adjustments (981) (1,914)
Provision for loan losses 550 550
Provision for deferred tax expense 277 599
Amortization of premiums on securities, net 930 1,299
Amortization of other investments 1 5
Stock option expense 195 62
Restricted stock expense 0 8
Net gain on sale of investment securities 0 (204)
Net loss on sale of other real estate owned 26 8
Net write down of other real estate owned 31 47
Net (gain) loss on sale/disposal of premises and equipment (28) 6
Change in accrued interest receivable 197 (156)
Change in accrued interest payable (204) (286)
Change in other assets & other liabilities, net 1,565 1,284
Net cash provided by operating activities 10,890 6,057
Cash flows from investing activities:    
Net decrease in time deposits in other banks 0 881
Proceeds from maturities and calls of securities available-for-sale 12,316 23,664
Proceeds from maturities and calls of securities held-to-maturity 4,191 7,620
Proceeds from sale of securities available-for-sale 0 41,839
Purchases of securities available-for-sale 0 (35,866)
Purchases of securities held-to-maturity (1,104) (22,194)
Proceeds from redemption of other investments 150 0
Purchases of other investments (3) (1,712)
Net change in loans (46,021) 15,075
Purchases of premises and equipment (1,634) (4,664)
Proceeds from sale of premises and equipment 32 1
Proceeds from sale of other real estate owned 15 306
Net cash (used in) provided by investing activities (32,058) 24,950
Cash flows from financing activities:    
Change in deposits 29,206 8,453
Change in securities sold under agreements to repurchase (1,921) 7,110
Repayments of Federal Home Loan Bank advances (15) (14)
Repayments of notes payable (250) (250)
Proceeds and tax benefit from exercise of stock options 0 30
Payment of dividends on preferred stock (180) (368)
Payment of dividends on common stock (900) (1,532)
Net cash provided by financing activities 25,940 13,429
Net increase in cash and cash equivalents 4,772 44,436
Cash and cash equivalents, beginning of period 59,731 73,573
Cash and cash equivalents, end of period 64,503 118,009
Supplemental cash flow information:    
Interest paid 1,708 2,003
Income taxes paid 0 200
Noncash investing and financing activities    
Transfer of loans to other real estate 0 417
Accrued preferred stock dividends 180 292
Financed sales of other real estate $ 84 $ 0