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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash Flows From Operating Activities    
Net income $ 5,922 $ 3,696
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,442 1,391
(Undistributed earnings) of affiliate (4) (21)
Provision for loan losses 2,156 2,565
Net (gain) on securities available for sale (452) (263)
Other than temporary impairment loss 0 22
Net loss on disposal of assets 8 45
Premium amortization on securities, net 2,765 2,029
Origination of loans held for sale (696,327) (470,006)
Proceeds from sales of loans held for sale 711,428 470,830
Net (gains) on mortgages held for sale (15,088) (8,373)
Share-based compensation 317 247
Net loss on sale of other real estate owned 128 336
Valuation adjustment on other real estate owned 1,616 774
Changes in assets and liabilities:    
Decrease in prepaid FDIC insurance 727 927
(Increase) in other assets (1,081) (3,303)
Increase in other liabilities 696 1,851
Net cash provided by operating activities 14,253 2,747
Cash Flows from Investing Activities    
Proceeds from maturity, principal paydowns and calls of securities available for sale 71,036 42,050
Proceeds from sale of securities available for sale 39,475 26,154
Purchase of securities available for sale (109,228) (112,259)
Redemption (purchase) of restricted stock 352 (931)
Proceeds from disposition of fixed assets 0 57
Purchases of bank premises and equipment (541) (1,430)
Net (increase) in loans (31,091) (20,641)
Proceeds from sale of other real estate owned 2,126 2,917
Net cash (used in) investing activities (27,871) (64,083)
Cash Flows from Financing Activities    
Net increase in non-interest-bearing and interest-bearing demand deposits and savings accounts 85,328 34,080
Net (decrease) in time deposits (30,750) (14,690)
Increase in securities sold under agreements to repurchase 1,081 5,724
Proceeds from short-term borrowings 89,424 67,470
Payments on short-term borrowings (100,098) (67,926)
Proceeds from FHLB borrowings 62,912 40,000
Payments on FHLB borrowings (72,912) (25,000)
Distributions to non-controlling interest (59) (644)
Payment of dividends on common stock (1,055) (1,044)
Net cash provided by financing activities 33,871 37,970
Increase (decrease) in cash and and cash equivalents 20,253 (23,366)
Cash and Cash Equivalents    
Beginning 51,270 64,724
Ending 71,523 41,358
Cash payments for:    
Interest 7,080 8,345
Income taxes 1,850 450
Supplemental Disclosure of Non-cash Transactions    
Unrealized gain on securities available for sale 3,727 8,685
Change in market value of interest rate swap (185) (596)
Transfer of loans to other real estate owned 7,431 2,266
Loans originated from sale of other real estate owned $ 149 $ 533