59
SIERRA BANCORP AND SUBSIDIARY
CONSOLIDATED STATEMENTS OF CASH FLOWS
(Continued)
Years Ended December 31, 2014, 2013 and 2012
(dollars in thousands)
Supplemental disclosure of cash flow information:
Cash paid during the year for:
Interest
2,845
$
3,340
$
4,531
$
Income taxes
1,800
$
-
$
-
$
Non-cash investing activities
Real estate acquired through foreclosure
842
$
4,990
$
23,965
$
Change in unrealized net (losses) gains on
Securities available-for-sale
6,590
$
(5,594)
$
(202)
$
Assets acquired (liabilities assumed) in bank acquisition:
Cash and cash equivalents
15,852
$
-
$
-
$
Securities
44,187
$
-
$
-
$
Federal Home Loan Bank stock
860
$
-
$
-
$
Loans
61,573
$
-
$
-
$
Premises and equipment
1,188
$
-
$
-
$
Core deposit intangibles
1,075
$
-
$
-
$
Goodwill
1,364
$
-
$
-
$
Other assets
5,719
$
-
$
-
$
Deposits
(108,272)
$
-
$
-
$
Federal Home Loan Bank advances
(8,000)
$
-
$
-
$
Other liabilities
(208)
$
-
$
-
$
The accompanying notes are an integral part of these consolidated financial statements
