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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash Flows From Operating Activities    
Net income $ 1,260 $ 1,233
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 486 478
Undistributed earnings of affiliate (23) (3)
Provision for (recovery of) loan losses (188) 792
Net gain on securities available for sale (47) (140)
Net loss on disposal of assets 1 7
Premium amortization on securities, net 874 918
Origination of loans held for sale (191,131) (211,159)
Proceeds from sales of loans held for sale 228,417 226,498
Net gains on mortgages held for sale (3,893) (3,852)
Share-based compensation 104 81
Net loss on sale of other real estate owned 628 14
Valuation adjustment on other real estate owned 0 54
Decrease in prepaid FDIC insurance 247 240
Changes in assets and liabilities:    
Decrease in other assets 1,467 1,257
(Decrease) increase in other liabilities (1,419) 563
Net cash provided by operating activities 36,783 16,981
Cash Flows from Investing Activities    
Proceeds from maturity, principal paydowns and calls of securities available for sale 24,320 20,607
Proceeds from sale of securities available for sale 3,925 3,147
Purchase of securities available for sale (41,638) (38,960)
Purchase of restricted stock (15) (548)
Purchases of bank premises and equipment (248) (204)
Net increase in loans (7,575) (15,287)
Proceeds from sale of other real estate owned 3,248 213
Net cash used in investing activities (17,983) (31,032)
Cash Flows from Financing Activities    
Net (decrease) increase in non-interest-bearing and interest-bearing demand deposits and savings accounts (11,184) 21,549
Net (decrease) increase in time deposits (4,640) 354
(Decrease) increase in securities sold under agreements to repurchase (2,095) 468
Proceeds from short-term borrowings 3,184 33,971
Payments on short-term borrowings (14,539) (48,136)
Proceeds from FHLB borrowings 30,000 32,912
Payments on FHLB borrowings (22,912) (32,912)
Distributions to non-controlling interest (207) (38)
Payment of dividends on common stock (353) (350)
Repurchase of common stock (19) 0
Net cash (used in) provided by financing activities (22,765) 7,818
Decrease in cash and and cash equivalents (3,965) (6,233)
Cash and Cash Equivalents    
Beginning 54,415 51,270
Ending 50,450 45,037
Cash payments for:    
Interest 1,868 2,503
Income taxes 0 100
Supplemental Disclosure of Non-cash Transactions    
Unrealized gain (loss) on securities available for sale (373) 914
Change in market value of interest rate swap 59 80
Transfer of loans to other real estate owned 1,851 3,906
Loans originated from sale of other real estate owned $ 0 $ 149