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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income $ 51,493 $ 47,346 $ 46,432
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 4,007 3,904 3,932
Deferred taxes (3,090) 701 115
Stock-based compensation 636 458 783
Excess tax benefits of stock-based compensation 0 100 104
Provision for loan losses 7,521 7,872 8,650
Write-downs of other real estate owned and other repossessed assets 3,034 1,214 1,656
Gains on sale of loans held for sale (1,320) (1,831) (1,978)
Securities (gains) losses (73) (522) 106
Gain on debt repurchase (560) 0 0
Gains (losses) on sale of assets, net 40 46 (321)
Proceeds from sale of mortgage loans held for sale 59,400 81,441 80,571
Funding of mortgage loans held for sale (57,869) (79,682) (77,501)
Amortization of securities premiums and discounts, net 3,437 2,452 3,098
Change in cash surrender value of bank owned life insurance (1,473) (1,546) (1,638)
Mortgage servicing rights:      
Fair value adjustments 361 324 289
New servicing assets created (412) (521) (557)
Changes in:      
Other assets (4,412) (3,205) (6,274)
Other liabilities 1,631 2,874 (2,488)
Net cash provided by operating activities 62,351 61,425 54,979
Certificates of deposit in other banks:      
Purchase of certificates of deposit (11,760) 0 0
Maturity of certificates of deposit 2,940 2,852 4,365
Securities available-for-sale (AFS):      
Purchase of AFS securities (231,680) (176,236) (81,456)
Proceeds from sales of AFS securities 87,472 54,446 44,198
Proceeds from prepayments, calls, and maturities of AFS securities 159,584 104,302 79,068
Securities held-to-maturity (HTM):      
Proceeds from prepayments and maturities of HTM securities 207 795 1
Change in loans, net (194,548) (74,379) (161,702)
Purchase of premises and equipment (2,400) (3,498) (2,246)
Proceeds from sale and retirement of premises and equipment 25 10 239
Additional investment in Federal Reserve Bank stock 0 0 (18)
Proceeds from sale of other real estate owned and repossessed assets 3,574 5,601 9,287
Additional investment in other real estate owned and repossessed assets 0 0 (85)
Net cash used in investing activities (186,586) (86,107) (108,349)
Cash flows from financing activities:      
Change in deposits, net 182,555 100,526 106,525
Change in repurchase agreements and federal funds purchased, net (4,755) 1,060 8,594
Advances from Federal Home Loan Bank 350,000 50,000 170,000
Payments on advances from Federal Home Loan Bank (350,099) (150,112) (130,114)
Repurchase of long-term debt (1,440) 0 0
Issuance of common stock 1,513 2,985 2,082
Repurchase of common stock 0 (382) (189)
Excess tax benefits of stock-based compensation 0 (100) (104)
Dividends paid (22,981) (22,190) (21,330)
Net cash provided by (used in) financing activities 154,793 (18,213) 135,464
Net increase (decrease) in cash and cash equivalents 30,558 (42,895) 82,094
Cash and cash equivalents at beginning of year 144,716 187,611 105,517
Cash and cash equivalents at end of year 175,274 144,716 187,611
Supplemental disclosures:      
Income taxes paid 21,400 19,244 20,527
Interest paid 17,266 13,426 11,609
Non-cash activities:      
Loans to facilitate the sale of other real estate owned and repossessed assets 2,679 3,964 4,343
Common stock dividends accrued, paid in subsequent quarter 205 209 239
Real estate acquired in settlement of loans $ 5,235 $ 5,900 $ 18,557