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Condensed Consolidated Statements of Cash Flows (unaudited)
$ in Thousands
6 Months Ended
Jun. 30, 2018
USD ($)
Jun. 30, 2017
USD ($)
Cash flows from operating activities:    
Net income $ 18,427 $ 14,464
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 2,932 3,562
Depreciation, amortization and accretion, net 3,478 4,124
Life Insurance, Corporate or Bank Owned, Change in Value (591) (563)
Stock-based compensation expense 160 129
Gains on investment securities, net (901) (335)
Loss on sales of repossessed assets, net 11 30
Loss on write down of premises and equipment 1 1
Gains on sale of loans held for sale, net (462) (507)
Increase in accrued interest receivable 549 933
Increase (decrease) in accrued interest payable 216 (19)
Origination of loans held for sale (27,596) (32,256)
Proceeds from sale of loans held for sale 26,629 32,006
Decrease (increase) in other assets 1,435 (2,353)
(Decrease) increase in other liabilities (6,242) 5,269
Net cash provided by operating activities 18,046 24,485
Cash flows from investing activities:    
Proceeds from maturities of certificates of deposit investments 0 12,958
Proceeds from sales of securities available-for-sale 13,152 28,140
Proceeds from maturities of securities available-for-sale 25,950 31,105
Purchases of securities available-for-sale (28,260) (109,166)
Net increase in loans (73,973) (6,162)
Purchases of premises and equipment (753) (741)
Proceeds from sales of other real property owned 1,040 5,068
Cash Acquired from Acquisition 10,323 0
Net cash used in investing activities (52,521) (38,798)
Cash flows from financing activities:    
Net increase (decrease) in deposits 10,601 (40,481)
Decrease in repurchase agreements (13,726) (43,352)
Proceeds from FHLB advances 15,000 10,000
Repayment of FHLB advances 10,000 5,000
Repayment of other debt 0 5,875
Repayments of Long-term Debt (938) 0
Proceeds from issuance of common stock 36,263 475
Payments of Stock Issuance Costs 2,078 0
Dividends paid on common stock 3,856 3,467
Purchase of treasury stock 95 0
Net cash provided by (used in) financing activities 31,171 (87,700)
Decrease in cash and cash equivalents (3,304) (102,013)
Cash and cash equivalents at beginning of period 88,879 175,902
Cash and cash equivalents at end of period 85,575 73,889
Cash paid during the period for:    
Interest 4,097 2,936
Income taxes 5,020 4,198
Supplemental disclosures of noncash investing and financing activities    
Loans Transferred to Other Real Estate Owned 214 5,171
Dividends reinvested in common stock 533 527
Net tax benefit related to option and deferred compensation plans 161 216
Supplemental disclosure of purchase of capital stock    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets 501,285  
Noncash or Part Noncash Acquisition, Value of Assets Acquired   0
Aggregate Total Of Cash Paid In Business Combination 10,275 0
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable 61,350  
Other Significant Noncash Transaction, Value of Consideration Given   0
Business Combination, Value of Total Consideration Paid 71,625 0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities $ 429,660  
Noncash or Part Noncash Acquisition, Value of Liabilities Assumed   $ 0