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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash Flows From Operating Activities      
Net income (loss) $ 7,990 $ 4,662 $ (2,326)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 1,953 1,882 1,753
Equity in distributions in excess of earnings (undistributed earnings) of affiliate (37) (20) (244)
Provision for loan losses 3,438 2,884 12,005
Net (gain) on securities available for sale (445) (460) (866)
Other than temporary impairment loss 0 25 1,103
Net loss on sale of assets 107 42 4
Premium amortization on securities, net 3,691 2,837 2,622
Deferred income tax expense (benefit) 1,257 525 (3,173)
Origination of loans held for sale (945,611) (682,306) (782,172)
Proceeds from sales of loans held for sale 977,025 661,059 779,766
Net (gains) on mortgages held for sale (21,014) (11,906) (11,945)
Share-based compensation 440 471 158
Net (gain) loss on sale of other real estate owned (125) 330 190
Valuation adjustment on other real estate owned 1,727 1,453 1,507
Valuation adjustment on bank properties 0 0 1,360
Decrease in prepaid FDIC insurance 978 1,161 1,769
Changes in assets and liabilities:      
(Increase) in other assets (4,968) (3,710) (2,736)
Increase (decrease) in other liabilities 1,950 (426) 844
Net cash provided by (used in) operating activities 28,356 (21,497) (381)
Cash Flows from Investing Activities      
Proceeds from maturity, principal paydowns and calls of securities available for sale 93,030 60,651 58,503
Proceeds from sale of securities available for sale 41,010 37,564 68,757
Purchase of securities available for sale (144,503) (148,944) (206,910)
Purchase of restricted stock securities 0 (821) (570)
Redemption of restricted stock securities 127 0 499
Proceeds from sale of equipment 0 57 18
Purchases of bank premises and equipment (1,045) (1,351) (939)
Net (increase) in loans (50,178) (20,708) (25,867)
Proceeds from sale of other real estate owned 5,348 2,948 1,031
Purchase of bank-owned life insurance 0 0 (682)
Net cash (used in) investing activities (56,211) (70,604) (106,160)
Cash Flows from Financing Activities      
Net increase in non-interest-bearing and interest-bearing demand deposits and savings accounts 85,903 36,768 64,453
Net (decrease) increase in certificates of deposit (33,872) 2,795 20,205
Increase in securities sold under agreements to repurchase 2,289 6,124 8,363
Proceeds from short-term borrowings 110,826 119,178 129,963
Payments on short-term borrowings (127,284) (104,167) (120,181)
Proceeds from FHLB borrowings 72,916 55,000 47,912
Payments on FHLB borrowings (77,916) (35,000) (20,000)
Distributions to non-controlling interest (411) (641) (369)
Payment of dividends on common stock (1,408) (1,396) (2,425)
Net proceeds from issuance of common stock 0 0 134
Repurchase of stock (43) (14) 0
Net cash provided by financing activities 31,000 78,647 128,055
Increase (decrease) in cash and and cash equivalents 3,145 (13,454) 21,514
Cash and Cash Equivalents      
Beginning 51,270 64,724 43,210
Ending 54,415 51,270 64,724
Cash payments for:      
Interest paid to depositors 7,042 8,937 12,497
Interest paid on short-term obligations 444 570 579
Interest paid on FHLB borrowings and other debt 1,528 1,218 1,714
Total Interest Paid 9,014 10,725 14,790
Income taxes 2,500 900 0
Supplemental Disclosure of Noncash Transactions      
Unrealized gain on securities available for sale 3,998 7,873 2,138
Change in market value of interest rate swap (147) (626) 312
Pension liability adjustment 0 234 (234)
Transfer of loans to other real estate owned 8,493 5,932 4,611
Loans originated from sale of other real estate owned 149 533 0
Transfer of other real estate owned to bank premises $ 0 $ 527 $ 0