|
Condensed Financial Statements of Parent Company - Statements of Cash Flows Pertaining only to Meridian Interstate Bancorp (Detail) (USD $)
In Thousands, unless otherwise specified
|
12 Months Ended |
|
Dec. 31, 2013
|
Dec. 31, 2012
|
Dec. 31, 2011
|
| Cash flows from operating activities: |
|
|
|
| Net income |
$ 15,429 |
$ 12,426 |
$ 11,970 |
| Adjustments to reconcile net income to net cash used by operating activities: |
|
|
|
| Equity income on investment in affliate bank |
|
(310) |
(1,110) |
| Net amortization of securities available for sale |
(15) |
288 |
672 |
| Gain on sales of securities, net |
(9,636) |
(5,568) |
(4,464) |
| Gain on sale of investment in affiliate bank |
|
(4,819) |
|
| Share-based compensation expense |
1,170 |
1,170 |
1,080 |
| Increase in other assets |
15 |
1,925 |
3,269 |
| Net cash provided by operating activities |
27,918 |
3,250 |
33,078 |
| Cash flows from investing activities: |
|
|
|
| Purchases of certificates of deposit |
|
|
(2,500) |
| Maturities of certificates of deposit |
|
2,500 |
|
| Activity in securities available for sale: |
|
|
|
| Proceeds from maturities, calls and principal payments |
36,877 |
164,894 |
164,415 |
| Redemption (purchase) of mutual funds, net |
11,768 |
(4,784) |
4,855 |
| Proceeds from sales |
60,780 |
38,743 |
43,417 |
| Net cash provided by investing activities |
(417,667) |
(356,994) |
(156,100) |
| Cash flows from financing activities: |
|
|
|
| Purchase of treasury stock |
(1,698) |
(1,160) |
(5,196) |
| Stock options exercised |
35 |
27 |
|
| Net cash provided by financing activities |
382,828 |
290,251 |
124,214 |
| Net change in cash and cash equivalents |
(6,921) |
(63,493) |
1,192 |
| Cash and cash equivalents at beginning of year |
93,192 |
156,685 |
155,493 |
| Cash and cash equivalents at end of year |
86,271 |
93,192 |
156,685 |
|
Meridian Interstate Bancorp, Inc/Parent Company [Member]
|
|
|
|
| Cash flows from operating activities: |
|
|
|
| Net income |
15,429 |
12,426 |
11,970 |
| Adjustments to reconcile net income to net cash used by operating activities: |
|
|
|
| Equity in undistributed earnings of subsidiaries |
(15,250) |
(9,438) |
(11,650) |
| Equity income on investment in affliate bank |
|
(310) |
(1,110) |
| Net amortization of securities available for sale |
3 |
3 |
4 |
| Gain on sales of securities, net |
(940) |
(364) |
|
| Gain on sale of investment in affiliate bank |
|
(4,819) |
|
| Share-based compensation expense |
287 |
295 |
294 |
| Increase in other assets |
(76) |
(66) |
(125) |
| (Decrease) increase in other liabilities |
(438) |
270 |
226 |
| Net cash provided by operating activities |
(985) |
(2,003) |
(391) |
| Cash flows from investing activities: |
|
|
|
| Purchases of certificates of deposit |
|
|
(2,500) |
| Maturities of certificates of deposit |
|
2,500 |
|
| Activity in securities available for sale: |
|
|
|
| Proceeds from maturities, calls and principal payments |
|
|
2,000 |
| Redemption (purchase) of mutual funds, net |
11,784 |
(4,764) |
3,509 |
| Proceeds from sales |
12,266 |
4,518 |
|
| Proceeds from sale of investment in affiliate bank |
|
6,600 |
|
| Capital contribution to bank subsidiary |
(22,000) |
(5,000) |
|
| Net cash provided by investing activities |
2,050 |
3,854 |
3,009 |
| Cash flows from financing activities: |
|
|
|
| Purchase of treasury stock |
(1,698) |
(1,160) |
(5,196) |
| Stock options exercised |
35 |
27 |
|
| Net cash provided by financing activities |
(1,663) |
(1,133) |
(5,196) |
| Net change in cash and cash equivalents |
(598) |
718 |
(2,578) |
| Cash and cash equivalents at beginning of year |
781 |
63 |
2,641 |
| Cash and cash equivalents at end of year |
$ 183 |
$ 781 |
$ 63 |