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Consolidated Statement of Cash Flows
9 Months Ended
Sep. 30, 2014
Consolidated Statement of Cash Flows [Abstract]  
Consolidated Statement of Cash Flows

5. Consolidated Statement of Cash Flows

On a consolidated basis, cash and cash equivalents include cash and due from depository institutions, interest-bearing deposits, federal funds sold and short-term investments in money market funds. The Company made $1.1 million in income tax payments in the first nine months of 2014 as compared to $86,000 for the first nine months of 2013. The Company made total interest payments of $4,958,000 in the first nine months of 2014 compared to $5,291,000 in the same 2013 period. The Company had $455,000 non-cash transfers to other real estate owned (OREO) in the first nine months of 2014 compared to $593,000 in the same 2013 period.