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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating activities    
Net Income $ 1,358 $ 1,922
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 364 865
Depreciation 505 509
Stock compensation 23 19
Gain on sales of other real estate owned (25) (7)
Write-downs of other real estate owned 371 20
Gain on loan sales (8) (79)
Loss on disposal of fixed assets 3 0
Net amortization of investment securities discounts and premiums 34 395
Loss/(gain) on sales of investment securities - available-for-sale 68 (250)
Amortization of deferred loan fees (75) (191)
Decrease/(increase) in accrued interest receivable and other assets 1,810 (810)
(Increase)/decrease in deferred tax benefit (168) 1
Increase/(decrease) in accrued interest payable and other liabilities (8,457) 364
Earnings on bank owned life insurance (243) (249)
Net cash (used)/provided by operating activities (4,440) 2,509
Investing activities    
Proceeds from maturities/calls of investment securities available-for-sale 14,283 13,381
Proceeds from maturities/calls of investment securities held-to-maturity 1,040 0
Proceeds from sales of investment securities available-for-sale 8,585 35,136
Purchases of investment securities available-for-sale (38,399) (63,611)
Proceeds from sales of other real estate owned 1,583 1,765
Proceeds from loan sales 849 11,313
Net decrease in FHLB stock 384 496
Net (increase)/decrease in loans (6,460) 2,777
Purchases of premises and equipment (231) (283)
Net cash (used in)/provided by investing activities (18,366) 974
Financing activities    
Net increase/(decrease) in deposits 23,626 (1,084)
Net decrease in short-term borrowings (59) (624)
Payments on long-term borrowings (16) (15)
Net cash provided by/(used in) financing activities 23,551 (1,723)
Increase in cash and cash equivalents 745 1,760
Cash and cash equivalents at beginning of the year 43,063 83,068
Cash and cash equivalents at end of period 43,808 84,828
Supplemental information    
Interest paid 9,582 2,489
Non-cash investing activities:    
Transfers from loans to other real estate owned $ 511 $ 453