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Statement of Cash Flow (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Condensed Consolidated Statements of Cash Flows    
Net earnings $ 1,465 $ 1,549
Adjustments to reconcile net earnings to net cash provided by operating activties:    
Provision for loan and lease losses 600 600
Depreciation and amortization 208 154
Premium amortization and discount accretion, net 769 636
Net (gain) loss on securities available for sale (179) 46
Net gain on sale of loans held for sale (660) (288)
Net loss on other real estate owned 52 17
Loss on prepayment of long-term debt 3,708 0
Loans originated for sale (28,753) (11,417)
Proceeds from sale of loans 31,192 14,692
Increase in cash surrender value of bank owned life insurance (99) (107)
Gain on sale of affordable housing partnerships investments (3,268) 0
Net (increase) decrease in other assets (876) 32
Net increase (decrease) in accrued expenses and other liabilities 175 (140)
Net cash provided by operating activities 4,334 5,774
Cash flows from investing activities:    
Proceeds from sales of securities available-for-sale 19,126 6,706
Proceeds from maturities of securities available-for-sale 36,936 11,777
Purchase of securities available-for-sale (57,230) (24,073)
(Increase) decrease in loans, net (10,137) 4,065
Net purchases of premises and equipment (361) (9)
Proceeds from sale of affordable housing limited partnerships 8,499 0
Capital contributions to affordable housing limited partnerships 0 (1,871)
Proceeds from sale of other real estate owned 500 478
Net cash used in investing activities (2,667) (2,927)
Cash flows from financing activities:    
Net increase in noninterest-bearing deposits 4,600 7,189
Net increase in interest-bearing deposits 17,043 17,078
Net increase (decrease) in federal funds purchased and securities sold under agreements to repurchase 30 (464)
Repayments or retirement of long-term debt (41,713) (8,004)
Proceeds from sale of treasury stock 0 1
Dividends paid (746) (728)
Net cash (used in) provided by financing activities (20,786) 15,072
Net change in cash and cash equivalents (19,119) 17,919
Cash and cash equivalents at beginning of period 55,428 21,424
Cash and cash equivalents at end of period 36,309 39,343
Supplemental disclosures of cash flow information:    
Interest 2,448 3,188
Income taxes 0 332
Supplemental disclosure of non-cash transactions:    
Real estate acquired through foreclosure $ 0 $ 820