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Statement of Cash Flow (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Condensed Consolidated Statements of Cash Flows  
Net earnings$ 4,373$ 4,468
Adjustments to reconcile net earnings to net cash provided by  
Provision For Loan And Lease Losses1,8002,930
Depreciation and Amortization496419
Premium amortization and discount accretion, net1,6341,380
Net gain on securities(563)(2,610)
Net gain on sale of loans held for sale(1,253)(1,847)
Net loss on other real estate owned1,2331,118
Loss on prepayment of long-term debt0679
Loans originated for sale(44,028)(73,521)
Proceeds from sale of loans46,42574,068
Increase in cash surrender value of bank owned life insurance(341)(350)
Loss on affordable housing partnership investments461171
Net increase in other assets315365
Net increase (decrease) in accrued expenses and other liabilities458(104)
Net cash provided by operating activities11,0107,166
Cash flows from investing activities:  
Proceeds from sales of securities available-for-sale113,841147,828
Proceeds from maturities of securities available-for-sale73,989152,320
Purchase of securities available-for-sale(147,455)(282,433)
Net increase in loans(6,364)(3,824)
Decrease in FHLB stock6310
Net purchases of premises and equipment(811)(75)
Capital contributions to affordable housing limited partnerships(4,069)(1,500)
Proceeds from sale of other real estate owned1,777596
Net cash provided by investing activities31,53912,912
Cash flows from financing activities:  
Net increase in noninterest-bearing deposits11,48815,811
Net (decrease) increase in interest-bearing deposits(9,545)7,288
Net decrease in federal funds purchased and securities sold under agreements to repurchase(72)(13,271)
Repayments or retirement of long-term debt(8,014)(10,693)
Proceeds from sale of treasury stock11
Stock repurchases0(8)
Dividends paid(2,186)(2,132)
Net cash provided by financing activities(8,328)(3,004)
Net change in cash and cash equivalents34,22117,074
Cash and cash equivalents at beginning of period21,42412,395
Cash and cash equivalents at end of period55,64529,469
Supplemental disclosures of cash flow information:  
Interest9,12211,698
Income taxes3471,490
Supplemental disclosure of non-cash transactions:  
Real estate acquired through foreclosure$ 2,655$ 2,585