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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating Activities    
Net income $ 13,164 $ 10,868
Items not requiring (providing) cash    
Provision for loan losses 120 549
Depreciation 1,624 1,462
Amortization of mortgage servicing rights, net of impairment recoveries 690 623
Amortization of core deposit and other intangible assets 379 563
Net amortization of premiums and discounts on loans and deposits 231 295
Amortization of premiums and discounts on securities 376 156
Loss on write-downs of property, plant and equipment 426 0
Change in deferred taxes (428) (218)
Proceeds from sale of loans held for sale 108,174 69,421
Origination of loans held for sale (111,707) (67,695)
Gain from sale of loans (2,764) (1,667)
Gain from sale or call of securities 0 (471)
Loss on sale or write-down of real estate and other assets held for sale 259 3
Stock option expense 59 34
Restricted stock expense (benefit) 232 (130)
Income from bank owned life insurance (420) (454)
Changes in:    
Accrued interest receivable (167) 48
Other assets (1,223) (5,094)
Other liabilities 467 3,190
Net cash provided by (used in) operating activities 9,492 11,483
Investing Activities    
Proceeds from maturities of held-to-maturity securities 55 56
Proceeds from maturities, calls and pay-downs of available-for-sale securities 15,648 9,958
Proceeds from sale of real estate and other assets held for sale 1,690 1,295
Proceeds from the sale of available-for-sale securities 0 3,782
Proceeds from sale of non-mortgage loans 501 10,584
Purchases of available-for-sale securities (16,051) (43,550)
Proceeds from Federal Home Loan stock redemption 0 5,548
Purchase of bank-owned life insurance (4,000) (4,000)
Purchase of portfolio mortgage loans 0 (5,118)
Purchases of premises and equipment, net (1,214) (2,335)
Net increase in loans receivable (59,803) (7,945)
Net cash used in investing activities (63,174) (31,725)
Financing Activities    
Net increase (decrease) in deposits and advance payments by borrowers 2,760 6,187
Repayment of Federal Home Loan Bank advances (7,494) (486)
Increase in Federal Home Loan Bank advances 27,000 0
Increase (decrease) in securities sold under repurchase agreements (522) 536
Repayment of warrants (11,979) 0
Proceeds from exercise of stock options 1,261 433
Proceeds from treasury stock sales 38 64
Cash dividends paid on common stock (3,468) (2,889)
Net cash paid for repurchase of common stock (1,264) (6,675)
Net cash provided by (used in) financing activities 6,332 (2,830)
Increase (decrease) in cash and cash equivalents (47,350) (23,072)
Cash and cash equivalents at beginning of period 112,936 179,318
Cash and cash equivalents at end of period 65,586 156,246
Supplemental cash flow information:    
Interest paid 3,218 3,310
Income taxes paid 5,200 3,650
Transfers from loans to real estate and other assets held for sale $ 872 $ 993