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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 $ 1,820 $ 1,260
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 526 486
Provision for (recovery of) loan losses 888 (188)
Gain on securities available for sale. net (63) (47)
Loss on disposal of assets, net 1 1
Premium amortization on securities, net 714 874
Origination of loans held for sale (109,361) (191,131)
Proceeds from sales of loans held for sale 113,707 228,417
Gain on mortgages held for sale, net (2,942) (3,893)
Share-based compensation 96 104
Loss on sale of other real estate owned, net 0 628
Valuation adjustment on other real estate owned 116 0
Decrease in prepaid FDIC insurance 0 247
Changes in assets and liabilities:    
Decrease in other assets 3,311 1,444
Increase (decrease) in other liabilities 647 (1,419)
Net cash provided by operating activities 9,460 36,783
Cash Flows from Investing Activities    
Proceeds from maturity, calls and sales of securities available for sale 43,618 28,245
Purchase of securities available for sale (38,934) (41,638)
(Purchase) redemption of restricted stock 376 (15)
Purchases of bank premises and equipment, net (154) (248)
Increase in loans, net (5,147) (7,575)
Proceeds from sale of other real estate owned 0 3,248
Net cash used in investing activities (241) (17,983)
Cash Flows from Financing Activities    
Decrease in demand, interest-bearing demand and savings deposits (8,425) (11,184)
Decrease in certificates of deposit (12,720) (4,640)
Decrease in securities sold under agreements to repurchase (1,922) (2,095)
Decrease in short-term borrowings 0 (11,355)
Increase in FHLB borrowings 0 7,088
Distributions to non-controlling interest (29) (207)
Payment of dividends on common stock (495) (353)
Proceeds from issuance of common stock, net 91 0
Repurchase of stock 0 (19)
Net cash used in financing activities (23,500) (22,765)
Decrease in cash and and cash equivalents (14,281) (3,965)
Cash and cash equivalents at beginning of the period 67,343 54,415
Cash and cash equivalents at end of the period 53,062 50,450
Supplemental Disclosures of Cash Flow Information    
Interest paid 1,445 1,868
Income taxes 425 0
Supplemental Disclosure of Non-Cash Transactions    
Unrealized gain (loss) on securities available for sale 2,432 (373)
Change in market value of interest rate swap (13) 59
Transfer of loans to other real estate owned $ 1,183 $ 1,851