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Statements of Cash Flow (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Consolidated Statements of Cash Flows      
Net earnings $ 6,763 $ 5,538 $ 5,346
Adjustments to reconcile net earnings to net cash provided by operating activties:      
Provision for loan and lease losses 3,815 2,450 3,580
Depreciation and amortization 837 665 579
Premium amortization and discount accretion, net 2,992 2,445 2,071
Deferred Income Tax Expense (Benefit) 624 (368) (777)
Net (gain) loss on securities available for sale (679) (878) (1,423)
Net gain on sale of loans held for sale (3,430) (1,680) (2,143)
Net loss on other real estate owned 245 1,830 1,217
Loss on prepayment of long-term debt 3,720 0 679
Loans originated for sale (154,044) (71,350) (100,721)
Proceeds from sale of loans 156,967 73,550 102,940
Gain (Loss) on Sale of Property Plant Equipment 0 0 4
Increase in cash surrender value of bank owned life insurance (445) (460) (452)
Gain on sale of affordable housing partnerships investments 3,268 0 0
Loss on affordable housing partnership investments 0 646 323
Net decrease in other assets 1,131 1,015 1,694
Net increase (decrease) in accrued expenses and other liabilities (171) 685 (1,034)
Net cash provided by (used in) operating activities 15,057 14,088 11,883
Cash flows from investing activities:      
Proceeds from sales of securities available-for-sale 57,650 128,715 180,206
Proceeds from maturities of securities available-for-sale 112,005 95,641 194,570
Purchase of securities available-for-sale (130,352) (200,106) (359,547)
Increase in loans, net (33,456) (2,824) (3,221)
Net purchases of premises and equipment (1,549) (1,568) (146)
Decrease in FHLB stock 2,067 856 227
Capital contributions to affordable housing limited partnerships 0 (4,378) (1,500)
Proceeds from sale of affordable housing limited partnerships 8,499 0 0
Proceeds from sale of other real estate owned 4,249 1,966 660
Net cash provided by (used in) investing activities 19,113 18,302 11,249
Cash flows from financing activities:      
Net increase in noninterest-bearing deposits 11,738 18,616 11,163
Net increase (decrease) in interest-bearing deposits 5,527 (6,191) 16,555
Net (decrease) increase in federal funds purchased and securities sold under agreements to repurchase (116) 120 (13,275)
Repayments or retirement of long-term debt (41,816) (8,018) (25,697)
Proceeds from sale of treasury stock 5 1 2
Stock repurchases 0 0 (9)
Dividends paid (2,987) (2,914) (2,842)
Net cash (used in) provided by financing activities (27,649) 1,614 (14,103)
Net change in cash and cash equivalents 6,521 34,004 9,029
Cash and cash equivalents at beginning of period 55,428 21,424 12,395
Cash and cash equivalents at end of period 61,949 55,428 21,424
Supplemental disclosures of cash flow information:      
Interest 11,846 11,713 15,044
Income taxes 1,224 347 2,133
Supplemental disclosure of non-cash transactions:      
Real estate acquired through foreclosure $ 1,515 $ 3,569 $ 2,710