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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 $ 6,756 $ 7,129
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 6,000 6,000
Depreciation and amortization of bank premises and equipment 767 834
Amortization of premium, net of accretion of discount 1,774 1,561
Net loss from fair value adjustments 123 448
Net loss from sale of loans 9  
Net gain from sale of securities (2,858)  
Income from bank owned life insurance (825) (696)
Stock-based compensation expense 1,993 1,418
Deferred compensation (423) (306)
Amortization of core deposit intangibles 117 117
Excess tax benefit from stock-based payment arrangements (245) (106)
Deferred income tax provision 904 713
Decrease in prepaid FDIC assessment 927 946
Increase (decrease) in other liabilities 2,089 (1,676)
Decrease in other assets 3,004 540
Net cash provided by operating activities 20,112 16,922
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of bank premises and equipment (283) (470)
Net (purchase) redemptions of Federal Home Loan Bank of New York shares 3,651 (1,976)
Purchases of securities available for sale (171,018) (122,512)
Proceeds from sales and calls of securities 96,396  
Proceeds from maturities and prepayments of securities available for sale 37,461 39,035
Net (originations) and repayment of loans 4,426 (19,871)
Purchases of loans (452) (3,456)
Proceeds from sale of real estate owned 1,793 624
Proceeds from sale of delinquent loans 8,166 9,091
Net cash used in investing activities (19,860) (99,535)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in non-interest bearing deposits 4,445 12,921
Net (decrease) increase in interest-bearing deposits 72,700 (743)
Net increase in mortgagors' escrow deposits 14,025 11,457
Net (repayment) proceeds from short-term borrowed funds (121,500) 58,500
Proceeds from long-term borrowings 110,271 47,414
Repayment of long-term borrowings (69,912) (62,000)
Purchases of treasury stock (954) (1,652)
Excess tax benefit from stock-based payment arrangements 245 106
Proceeds from issuance of common stock upon exercise of stock options 22 244
Cash dividends paid (3,973) (3,965)
Net cash provided by financing activities 5,369 62,282
Net increase (decrease) in cash and cash equivalents 5,621 (20,331)
Cash and cash equivalents, beginning of period 40,425 55,721
Cash and cash equivalents, end of period 46,046 35,390
SUPPLEMENTAL CASH FLOW DISCLOSURE    
Interest paid 15,652 16,995
Income taxes paid 1,581 5,218
Taxes paid if excess tax benefits were not tax deductible 1,826 5,324
Non-cash activities:    
Securities purchased not yet settled 14,308  
Loans transferred to Other Real Estate Owned 679 1,293
Loans provided for the sale of Other Real Estate Owned 2,088 221
Loans held for investment transferred to loans held for sale $ 7,682