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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income $ 9,297 $ 10,659
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 272 271
ESOP and stock compensation expense 3,503 1,333
Depreciation 1,731 1,853
Amortization of premiums, and deferred loan costs, net of (accretion) of discounts, and deferred loan fees 928 694
Amortization intangible assets 160 211
Income on bank owned life insurance (1,882) (1,968)
Net gain on sale of loans held-for-sale (10) (13)
Proceeds from sale of loans held-for-sale 1,630 822
Origination of loans held-for-sale (1,620) (809)
Gains on securities transactions, net (54) (443)
(Gain) loss on sale of other real estate owned, net (134) 19
Net purchases of trading securities (366) (98)
Increase in accrued interest receivable (72) (348)
Decrease (increase) in other assets 1,141 (3,351)
(Decrease) increase in accrued expenses and other liabilities (94) 691
Net cash provided by operating activities 14,430 9,523
Cash flows from investing activities:    
Net increase in loans receivable (134,959) (84,332)
Purchase of loans (127,431) 0
Redemptions (purchases) of Federal Home Loan Bank of New York stock, net 3,866 (1,725)
Purchases of securities available-for-sale 0 (436)
Principal payments and maturities on securities available-for-sale 90,025 76,731
Principal payments and maturities on securities held-to-maturity 803 0
Purchases of securities held-to-maturity 0 (4,037)
Proceeds from sale of securities available-for-sale 39,226 7,270
Proceeds from sale of other real estate owned 392 418
Purchases and improvements of premises and equipment (647) (405)
Net cash used in investing activities (128,725) (6,516)
Cash flows from financing activities:    
Net increase (decrease) in deposits 359,434 (11,742)
Dividends paid (6,217) (6,584)
Exercise of stock options 129 178
Purchase of treasury stock (42,418) (76,112)
Additional tax benefit on equity awards 119 388
Increase in advance payments by borrowers for taxes and insurance 1,904 1,401
Repayments under capital lease obligations (88) (158)
Proceeds from securities sold under agreements to repurchase and other borrowings 105,072 159,166
Repayments related to securities sold under agreements to repurchase and other borrowings (304,564) (95,000)
Net cash provided by (used in) financing activities 113,371 (28,463)
Net decrease in cash and cash equivalents (924) (25,456)
Cash and cash equivalents at beginning of period 76,709 61,239
Cash and cash equivalents at end of period 75,785 35,783
Cash paid during the period for:    
Interest 9,579 7,304
Income taxes 5,597 11,585
Non-cash transactions:    
Loans charged-off, net 1,048 41
Transfer of originated loans held-for-investment to loans-held-for-sale at fair value 325 0
Other real estate owned write-downs 71 47
Transfers of loans to other real estate owned 0 490
Increase in due to broker for purchases of held-to-maturity securities 1,158 0
Increase in due from broker for sales of securities available-for-sale $ 0 $ 1,909