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Consolidated Statements of Cash Flows (Unaudited) (USD $)
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES  
Net income$ 7,271,299$ 5,138,642
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation1,866,4031,926,876
Provision for loan/lease losses5,196,8504,413,650
Amortization of offering costs on subordinated debentures10,73810,738
Stock-based compensation expense547,087467,768
Losses on sales of other real estate owned, net90,492632,806
Amortization of premiums on securities, net2,541,4082,555,204
Securities gains(1,472,528) 
Other-than-temporary impairment losses on securities118,847113,800
Loans originated for sale(65,240,469)(103,689,462)
Proceeds on sales of loans75,960,58995,662,334
Gains on sales of loans, net(1,923,185)(1,831,856)
Prepayment fees on Federal Home Loan Bank advances832,099 
Losses on lease residual values 617,000
(Decrease) increase in accrued interest receivable(376,868)447,886
Decrease in prepaid FDIC insurance1,362,8761,788,261
Increase in cash value of bank-owned life insurance(1,032,493)(973,659)
Increase in other assets(278,687)(651,803)
Increase in other liabilities955,1741,504,602
Net cash provided by operating activities26,429,6328,132,787
CASH FLOWS FROM INVESTING ACTIVITIES  
Net decrease (increase) in federal funds sold56,170,000(15,356,667)
Net decrease (increase) in interest-bearing deposits at financial institutions15,080,252(7,152,522)
Proceeds from sales of foreclosed assets8,376,8981,759,607
Activity in securities portfolio:  
Purchases(458,081,700)(294,445,750)
Calls, maturities and redemptions302,145,002243,389,938
Paydowns4,977,152400,605
Sales54,326,191 
Activity in restricted investment securities:  
Purchases(245,000)(1,704,350)
Redemptions1,675,700204,800
Activity in bank-owned life insurance:  
Purchases(7,000,000)(3,150,000)
Surrender of policy 609,772
Net (increase) decrease in loans/leases originated and held for investment(48,043,333)51,105,615
Purchase of premises and equipment(1,693,870)(2,025,145)
Net cash used in investing activities(72,312,708)(26,364,097)
CASH FLOWS FROM FINANCING ACTIVITIES  
Net increase (decrease) in deposit accounts92,653,389(2,589,804)
Net increase (decrease) in short-term borrowings2,431,992(14,481,044)
Activity in Federal Home Loan Bank advances:  
Advances5,000,00036,000,000
Calls and maturities(24,000,000)(13,100,000)
Prepayments(15,832,099) 
Net (decrease) increase in other borrowings(9,941,030)7,536,866
Proceeds from issuance of Series A Subordinated Notes and detachable warrants to purchase 54,000 shares of common stock 2,700,000
Payment of cash dividends on common and preferred stock(3,274,991)(3,136,626)
Proceeds from issuance of common stock, net409,379183,507
Net cash provided by financing activities49,283,98116,300,132
Net increase (decrease) in cash and due from banks3,400,905(1,931,178)
Cash and due from banks, beginning42,030,80635,878,046
Cash and due from banks, ending45,431,71133,946,868
Supplemental disclosure of cash flow information, cash payments for:  
Interest18,521,22223,362,893
Income/franchise taxes1,196,9481,497,611
Supplemental schedule of noncash investing activities:  
Change in accumulated other comprehensive income, unrealized gains on securities available for sale, net3,468,4693,867,489
Transfers of loans to other real estate owned8,220,2715,442,568
Series E Preferred Stock [Member]
  
Activity in Federal Home Loan Bank advances:  
Proceeds from issuance of Series E Noncumulative Convertible 3,187,233
Series F Preferred Stock [Member]
  
Activity in Federal Home Loan Bank advances:  
Proceeds from issuance of Series F Noncumulative Perpetual Preferred Stock40,074,341 
Redemption of Series D Cumulative Perpetual Preferred Stock40,074,341 
Series D Preferred Stock [Member]
  
Activity in Federal Home Loan Bank advances:  
Proceeds from issuance of Series F Noncumulative Perpetual Preferred Stock(38,237,000) 
Redemption of Series D Cumulative Perpetual Preferred Stock$ (38,237,000)