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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities    
Net income $ 10,666 $ 11,552
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization of leasehold improvement 1,682 1,816
Change in fair value of mortgage servicing rights 1,920 1,201
Loan loss reserve release   (4,400)
Provision for deferred tax expense 5,476 6,485
Originations of loans held-for-sale (147,186) (153,990)
Proceeds from sales of loans held-for-sale 150,247 158,621
Net gain on sales of mortgage loans (5,031) (4,677)
Change in current income taxes receivable (payable) 300 11
Increase in cash surrender value of bank-owned life insurance (987) (624)
Change in accrued interest receivable and other assets (2,659) (2,413)
Change in accrued interest payable and other liabilities (246) (3,385)
Net discount (accretion)/premium amortization on securities (517) 226
Securities losses, net 2,020 178
Amortization of junior subordinated debentures issuance costs 36 35
Stock based compensation 482 466
Net gain on sale of other real estate owned (316) (769)
Provision for other real estate owned losses 1,305 3,825
Net loss on disposal of fixed assets 1 4
Loss on transfer of premises to other real estate owned   1,139
Net cash provided by (used in) operating activities 17,193 15,301
Cash flows from investing activities    
Proceeds from maturities and calls including pay down of securities available-for-sale 62,868 33,035
Proceeds from sales of securities available-for-sale 271,374 70,176
Purchases of securities available-for-sale (153,252) (131,956)
Proceeds from maturities and calls including pay down of securities held-to-maturity 3,372 10,689
Proceeds from sales of Federal Home Loan Bank stock 600 787
Net change in loans (71,600) 18,403
Improvements in other real estate owned (16)  
Proceeds from sales of other real estate owned 5,247 12,336
Net purchases of premises and equipment (1,163) (793)
Net cash (used in) provided by investing activities 117,430 12,677
Cash flows from financing activities    
Net change in deposits 18,296 35,424
Net change in securities sold under repurchase agreements 12,536 6,038
Net change in other short-term borrowings (15,000) (10,000)
Redemption of preferred stock   (47,331)
Dividends paid on preferred stock   (2,417)
Dividends paid common stock (592)  
Purchase of treasury stock (254) (117)
Net cash (used in) provided by financing activities 14,986 (18,403)
Net change in cash and cash equivalents 149,609 9,575
Cash and cash equivalents at beginning of period 40,338 44,197
Cash and cash equivalents at end of period 189,947 53,772
Supplemental cash flow information    
Income taxes paid 160 250
Interest paid for deposits 3,142 2,964
Interest paid for borrowings 4,021 3,848
Non-cash transfer of loans to other real estate owned 1,223 7,393
Non-cash transfer of loans to securities available-for-sale   468
Non-cash transfer of securities held-to-maturity to securities available-for-sale $ 244,823  
Change in dividends accrued   $ (544)