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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating Activities    
Net income $ 4,328 $ 1,577
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 922 1,004
Increase in cash surrender value of bank-owned life insurance (199) (193)
Provision for loan losses 746 74
Share-based compensation expense 458 252
Gain from sale of available-for-sale securities 0 (484)
Loans originated for sale (277,913) (161,992)
Proceeds from sale of loans 287,065 171,434
Gain on loans sold (4,845) (1,908)
Decrease (increase) in fair value of loans held-for-sale 492 (390)
(Gain) loss on derivatives (747) 169
Loss on disposition of assets 47 31
Net change in:    
Net change in accrued income and other assets 203 1,446
Net change in accrued expenses and other liabilities (563) 658
Net cash provided by operating activities 9,994 11,678
Investing Activities    
Net change in loans (81,290) (73,596)
Net change in interest bearing deposits 750 500
Maturities of securities available-for-sale 10,515 8,946
Proceeds from sale of securities available-for-sale 0 113,587
Purchase of securities available-for-sale (65,821) (96,803)
Purchase of Federal Home Loan Bank of Indianapolis stock (1,596) 0
Purchase of premises and equipment (1,586) (557)
Purchase of premises and equipment 0 (57,217)
Net cash used in investing activities (139,028) (105,140)
Financing Activities    
Net increase in deposits 97,905 71,078
Cash dividends paid (534) (529)
Proceeds from advances from Federal Home Loan Bank 180,000 30,000
Repayment of advances from Federal Home Loan Bank (146,000) (40,000)
Other, net (24) (133)
Net cash provided by financing activities 131,347 60,416
Net Increase (Decrease) in Cash and Cash Equivalents 2,313 (33,046)
Cash and Cash Equivalents, Beginning of Period 28,289 53,690
Cash and Cash Equivalents, End of Period 30,602 20,644
Supplemental Disclosures of Cash Flows Information    
Cash paid during the period for interest 4,960 4,412
Cash paid during the period for taxes 1,070 0
Cash dividends declared, not paid $ 267 $ 265