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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities    
Net income $ 4,572 $ 3,322
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization of leasehold improvement 593 563
Change in fair value of mortgage servicing rights 133 1,041
Provision for deferred tax expense 2,036 1,827
Originations of loans held-for-sale (30,401) (34,630)
Proceeds from sales of loans held-for-sale 32,313 32,395
Net gain on sales of mortgage loans (1,147) (1,212)
Net discount accretion of purchase accounting adjustment on loans (355)  
Change in current income taxes receivable (payable) 67 (17)
Increase in cash surrender value of bank-owned life insurance (359) (285)
Change in accrued interest receivable and other assets (2,407) 983
Change in accrued interest payable and other liabilities 719 (1,365)
Net discount (accretion)/premium amortization on securities 122 (201)
Securities losses, net 136 61
Amortization of core deposit 25  
Amortization of junior subordinated debentures issuance costs 12 12
Amortization of senior notes issuance costs 26  
Stock based compensation 321 169
Net gain on sale of other real estate owned (74) (42)
Provision for other real estate owned losses 318 451
Net loss on disposal of fixed assets 2 1
Net cash provided by (used in) operating activities 6,652 3,073
Cash flows from investing activities    
Proceeds from maturities and calls including pay down of securities available-for-sale 15,005 5,366
Proceeds from sales of securities available-for-sale 64,388 35,574
Purchases of securities available-for-sale (154,653) (88,005)
Proceeds from maturities and calls including pay down of securities held-to-maturity   2,129
Proceeds from sales of Federal Home Loan Bank stock (675)  
Net change in loans (12,690) (5,482)
Improvements in other real estate owned   (12)
Proceeds from sales of other real estate owned 1,607 1,381
Net purchases of premises and equipment (212) (103)
Net cash (used in) provided by investing activities (87,230) (49,152)
Cash flows from financing activities    
Net change in deposits 70,369 37,608
Net change in securities sold under repurchase agreements 9,016 (218)
Net change in other short-term borrowings 15,000 5,000
Payment of senior note issuance costs (42)  
Dividends paid common stock (296)  
Purchase of treasury stock (124)  
Net cash (used in) provided by financing activities 93,923 42,390
Net change in cash and cash equivalents 13,345 (3,689)
Cash and cash equivalents at beginning of period 47,334 40,338
Cash and cash equivalents at end of period 60,679 36,649
Supplemental cash flow information    
Income taxes paid   100
Interest paid for deposits 1,247 1,019
Interest paid for borrowings 1,164 1,333
Non-cash transfer of loans to other real estate owned $ 3,416 $ 382