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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating activities    
Net Income $ 3,938 $ 5,600
Adjustments to reconcile net income to net cash (used in)/provided by operating activities:    
Provision for loan losses 1,629 (161)
Depreciation 1,471 1,541
Stock compensation 95 66
Loss/(gain) on sales of other real estate owned 921 (80)
Write-downs of other real estate owned 885 2,889
Gain on loan sales (37) (154)
Loss on disposal of fixed assets 3 24
Loss/(gain) on sales of investment securities - available-for-sale 7 (124)
Gain on sales of investment securities - held for trading (1,100) 0
Amortization of deferred loan fees (363) (429)
Decrease in accrued interest receivable and other assets 2,229 4,128
Decrease in deferred tax benefit (4) (1)
(Decrease)/increase in accrued interest payable and other liabilities (5,685) 2,450
Earnings on bank owned life insurance (737) (753)
Net cash provided by operating activities 3,423 15,926
Investing activities    
Proceeds from maturities/calls of investment securities available-for-sale 122,291 27,160
Proceeds from maturities/calls of investment securities held-to-maturity 3,275 140
Proceeds from sales of investment securities available-for-sale 56,838 50,169
Proceeds from sales of investment securities held for trading 1,100 0
Purchases of investment securities available-for-sale (153,924) (159,423)
Purchases of investment securities held-to-maturity (2,421) 0
Proceeds from sales of other real estate owned 5,667 3,349
Proceeds from loan sales 4,312 20,691
Proceeds from disposal of fixed assets 0 1,421
Net decrease in FHLB stock 389 436
Net (increase)/decrease in loans (23,782) 12,151
Purchases of premises and equipment (570) (864)
Net cash provided by/(used in) investing activities 13,175 (44,770)
Financing activities    
Net decrease in deposits (4,370) (2,491)
Preferred stock dividends paid (8,420) 0
Net increase in short-term borrowings 4,318 19,849
Payments on long-term borrowings (49) (47)
Net cash (used in)/provided by financing activities (8,521) 17,311
Increase/(decrease) in cash and cash equivalents 8,077 (11,533)
Cash and cash equivalents at beginning of the year 43,063 83,068
Cash and cash equivalents at end of period 51,140 71,535
Supplemental information    
Interest paid 14,995 7,199
Non-cash investing activities:    
Transfers from loans to other real estate owned 2,030 5,627
Security sold September 30, settled in October 618 0
Transfers from securities available for sale to held-to-maturity 103,934 0
Available-for-sale Securities [Member]
   
Adjustments to reconcile net income to net cash (used in)/provided by operating activities:    
Net amortization of investment securities discounts and premiums 152 930
Held-to-maturity Securities [Member]
   
Adjustments to reconcile net income to net cash (used in)/provided by operating activities:    
Net amortization of investment securities discounts and premiums $ 19 $ 0