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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net income $ 1,585 $ 522
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 322 331
Provision for loan losses 3,331 1,985
Amortization of premiums / discounts on investment securities, net 693 947
Amortization of intangible assets 86 165
Share-based compensation expense 39 76
Gain on sale of available for sale securities (303) (73)
Originations of loans held for sale (41,056) (31,453)
Proceeds from sale of loans held for sale 46,822 38,346
Net increase in bank owned life insurance (131) (129)
(Increase) / decrease in deferred tax assets (210) 196
Deferred tax assets valuation allowance adjustment (800)  
Loss on sale of foreclosed collateral   27
Write-downs on other real estate owned   733
(Increase) / decrease in other assets 743 (3,434)
Decrease in other liabilities (2,869) (714)
Net Cash Provided By Operating Activities 8,252 7,525
Cash flows from investing activities:    
Purchase of available for sale securities (49,987) (33,265)
Sale of available for sale securities 12,479 42,857
Maturities and calls of available for sale securities 3 448
Proceeds from principal paydowns of available for sale securities 10,012 10,613
Redemption of Federal Home Loan Bank stock   206
(Increase) / decrease in loans, net (160) 5,743
Allowance for loan and lease loss recoveries 242 978
Purchase of property, premises and equipment, net (10,380) (183)
Proceeds from sale of foreclosed collateral 176 1,144
Net Cash (Used In) / Provided By Investing Activities (37,615) 28,541
Cash flows from financing activities:    
Increase / (decrease) in deposits, net 20,152 (11,878)
Proceeds from Federal Home Loan Bank borrowing 48,500 100,000
Repayments of Federal Home Loan Bank borrowing (47,500) (100,000)
Tax impact of share based compensation expense 2 (275)
Proceeds from exercise of stock options 19  
Net Cash Provided By / (Used In) Financing Activities 21,173 (12,153)
Net (decrease) / increase in cash and cash equivalents (8,190) 23,913
Cash and cash equivalents, beginning of period 34,892 22,951
Cash and cash equivalents, end of period 26,702 46,864
Cash Flow Information    
Interest paid 961 1,348
Income taxes paid   2,545
Non-Cash Flow Information    
Change in unrealized gain on available for sale securities 2,910 880
Change in deferred tax assets due to unrealized gain on available for sale securities 1,198 362
Loans transferred to foreclosed collateral 176 1,675
Preferred stock dividends accrued not paid 288 274
Accretion of preferred stock discount $ 93 $ 91