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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) [Abstract]    
NET INCOME (LOSS) $ 9,390 $ (3,793)
ADJUSTMENTS TO RECONCILE NET INCOME (LOSS)TO NET CASH PROVIDED BY OPERATING ACTIVITIES    
Provision for loan losses 0 9,600
Depreciation and Amortization 2,221 1,928
Stock-based compensation 367 304
Net amortization of premiums 1,002 1,114
Originations of mortgage loans for sale (38,438) (30,302)
Proceeds from sale of mortgage loans originated for sale 43,378 31,062
Gain on sale of mortgage loans originated for sale (973) (760)
(Gain) loss on sale of portfolio loans (445) 712
Increase in other intangibles (313) (100)
Deferred tax expense 2,434 1,929
Decrease (increase) in income tax receivable 363 (3,879)
(Increase) decrease in accrued interest and loan fees receivable (1,083) 1,313
Decrease in other assets 2,337 1,624
Adjustment to unfunded pension liability (48) 3,112
(Decrease) increase in other liabilities (1,399) 1,580
Income from bank owned life insurance (399) 0
Gain on Visa shares sold (3,836) 0
Loss on sale and writedowns of OREO 47 600
(Gain) loss on sale of securities available for sale (395) 162
Net cash provided by operating activities 14,210 16,206
CASH FLOWS FROM INVESTING ACTIVITIES    
Principal payments on investment securities 49,307 22,244
Proceeds from sale of investment securities - available for sale 13,427 3,584
Maturities of investment securities - available for sale 22,001 32,294
Purchases of investment securities - available for sale (115,803) (92,808)
Maturities of investment securities - held to maturity 1,481 2,135
Purchases of Investment Securities - held to maturity (600) (990)
Increase in interest-bearing time deposits in other banks (10,000) 0
Decrease in Federal Reserve Bank, Federal Home Loan Bank and other stock 127 168
Proceeds from sale of portfolio loans 1,349 46,343
Loan (Originations) Repayments - Net (223,288) 120,121
Proceeds from sale of Visa shares 3,836 0
Proceeds from sale of OREO 1,525 0
Increase in bank owned life insurance (38,000) 0
Purchases of premises and equipment - net (917) (1,483)
Net Cash (Used in) Provided by Investing Activities (295,555) 131,608
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in deposit accounts 106,136 61,242
Proceeds from private equity offering, net 0 22,761
Proceeds from stock options exercised 92 0
Decrease in capital lease payable (53) (30)
Net cash provided by financing activities 106,175 83,973
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (175,170) 231,787
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 385,806 172,559
CASH AND CASH EQUIVALENTS, END OF PERIOD 210,636 404,346
Supplemental Disclosures:    
Interest paid 2,263 2,951
Income taxes paid 53 0
Loans transferred to held-for-sale 0 53,843
Loans transferred to OREO $ 0 $ 372