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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Operating activities    
Net income $ 13,746 $ 8,926
Adjustments to reconcile net income to net cash provided by operating activities:    
Deferred income taxes, net 2,428 (1,906)
Provision for loan and lease losses (959) 4,243
Depreciation, amortization and accretion, net 2,322 3,054
Share-based compensation 660 548
Increase in cash surrender value of bank-owned life insurance (845) (703)
Origination of loans for sale 0 (1,548)
Sale of loans originated for sale 0 1,695
Gain on sale of loans originated for sale 0 (147)
Net (gain) loss on foreclosed properties, including impairment valuation (117) 585
Excess tax benefit from share-based compensation (365) (107)
Decrease in accrued interest receivable and other assets 2,713 646
(Decrease) increase in accrued interest payable and other liabilities (3,681) 712
Net cash provided by (used in) operating activities 15,902 15,998
Investing activities    
Proceeds from maturities of available-for-sale securities 62,520 56,992
Purchases of available-for-sale securities (48,048) (90,407)
Proceeds from sale of foreclosed properties 2,739 1,955
Payments to priority lien holders of foreclosed properties 0 (367)
Net increase in loans and leases (70,912) (65,628)
Investments in limited partnerships (1,250) 0
Distributions from limited partnerships 672 893
Investment in FHLB Stock (1,185) 0
Proceeds from sale of FHLB Stock 1,074 1,223
Purchases of leasehold improvements and equipment, net (531) (561)
Proceeds from sale of leasehold improvements and equipment, net 30 0
Premium payment on bank owned life insurance policies (25) (4,025)
Proceeds from surrender of bank owned life insurance policies 0 116
Net cash (used in) provided by investing activities (54,916) (99,809)
Financing activities    
Net increase in deposits 37,601 40,942
Repayment of FHLB advances (469) (13)
Net decrease in short-term borrowed funds 0 (800)
Proceeds from issuance of subordinated notes payable 0 6,215
Repayment of subordinated notes payable 0 (33,289)
Excess tax benefit from share-based compensation 365 107
Common stock issuance 0 27,074
Cash dividends paid (2,475) (738)
Exercise of stock options 1,474 22
Purchase of treasury stock (1,782) (216)
Net cash provided by (used in) financing activities 34,714 39,304
Net (decrease) increase in cash and cash equivalents (4,300) (44,507)
Cash and cash equivalents at the beginning of the period 85,586 130,093
Cash and cash equivalents at the end of the period 81,286 85,586
Supplementary cash flow information    
Interest paid on deposits and borrowings 12,365 17,800
Income taxes paid 6,089 5,716
Transfer to foreclosed properties 1,381 1,511
Reissuance of treasury stock $ 0 $ 77