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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net earnings $ 1,659 $ 1,361
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation, amortization and accretion 2,195 1,537
Provision for loan losses 2,049 2,950
Gain on sale of investment securities (527) (1,075)
Loss on sale of other real estate 57 97
Write-down of other real estate 132 250
Restricted stock expense 4 7
Change in:    
Mortgage loans held for sale (1,110) 1,399
Cash surrender value of life insurance (102) (60)
Other assets (245) 474
Other liabilities 318 181
Net cash provided by operating activities 4,430 7,121
Cash flows from investing activities:    
Purchases of investment securities available for sale (12,437) (39,988)
Proceeds from calls, maturities and paydowns of investment securities available for sale 13,638 9,881
Proceeds from sales of investment securities available for sale 20,437 30,440
Purchases of other investments (493) (215)
Net change in loans 8,800 9,457
Purchases of premises and equipment (266) (340)
Proceeds from sale of other real estate 893 2,472
Net cash provided by investing activities 30,572 11,707
Cash flows from financing activities:    
Net change in deposits (19,312) 268
Net change in demand notes payable to U.S. Treasury 0 (757)
Net change in securities sold under agreement to repurchase 3,879 4,352
Proceeds from FHLB borrowings 25,400 5,000
Repayments of FHLB borrowings (25,400) (5,000)
Restricted stock payout 0 9
Cash dividends paid on Series A preferred stock (313) (313)
Cash dividends paid on common stock (388) (111)
Net cash (used) provided by financing activities (16,134) 3,448
Net change in cash and cash equivalent 18,868 22,276
Cash and cash equivalents at beginning of period 29,236 23,977
Cash and cash equivalents at end of period 48,104 46,253
Cash paid during the year for:    
Interest 2,709 3,076
Income taxes 540 0
Noncash investing and financing activities:    
Change in unrealized gain on investment securities available for sale, net (422) 368
Change in unrealized gain on derivative financial instruments, net 0 234
Transfer of loans to other real estate and repossessions 1,635 2,991
Financed portion of sale of other real estate 322 487
Accretion of Series A preferred stock $ 35 $ 35