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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Consolidated Statements Of Cash Flows    
NET (LOSS) INCOME $ (4,304) $ 6,324
ADJUSTMENTS TO RECONCILE NET (LOSS) INCOME TO NET CASH    
Provision for Loan Losses 23,188 11,820
Depreciation & Amortization 1,310 1,266
Stock Based Compensation   8
Accretion of Discounts (63) (75)
Amortization of Premiums 1,340 1,406
Decrease in Accrued Interest and Loan Fees Receivable 329 202
Increase in Other Assets (7,066) (3,732)
Decrease in Accrued Interest Payable (181) (182)
Increase (Decrease) in Income Taxes Payable 4,078 (460)
Increase in Other Liabilities 233 298
Net Gain on Sale of Securities Available for Sale (1,645) (12)
Net Cash Provided by Operating Activities 17,219 16,863
CASH FLOWS FROM INVESTING ACTIVITIES    
Principal Payments on Investment Securities 17,071 14,766
Proceeds from Sale of Investment Securities Available for Sale 44,174 1,232
Maturities of Investment Securities Available for Sale 20,605  
Purchases of Investment Securities Available for Sale (3,287) (19,344)
Maturities of Investment Securities Held to Maturity 3,772 4,707
Purchases of Investment Securities Held to Maturity (1,715) (2,833)
Loan (Disbursements) & Repayments, Net 51,380 (2,094)
Purchases of Premises & Equipment, Net (743) (490)
Disposition of Other Real Estate Owned 3,919  
Net Cash Provided by (Used in) Investing Activities 135,176 (4,056)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net Increase in Deposit Accounts 12,455 70,204
Short-term Borrowings and (Repayments), Net (40,000) (67,900)
Dividends Paid to Shareholders (1,454) (4,237)
Stock Dividend Reinvestment, Net 661 519
Stock Options and Stock Appreciation Rights Exercised   209
Net Cash Used in Financing Activities (28,338) (1,205)
Net Increase in Cash & Cash Equivalents 124,057 11,602
Cash & Cash Equivalents Beginning of Period 41,149 37,007
Cash & Cash Equivalents End of Period 165,206 48,609
Supplemental Disclosure of Cash Flow Information    
Cash Received During the Six Month Period for Interest 40,244 43,967
Cash Paid During the Six Month Period for:    
Interest 3,801 5,357
Income Taxes 197 6,203
Total Cash Paid for Interest & Income Taxes $ 3,998 $ 11,560