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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities    
Net income $ 9,489 $ 4,427
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization of leasehold improvement 537 593
Change in fair value of mortgage servicing rights (305) 133
Release for loan and lease losses (722)  
Provision for deferred tax expense 907 2,036
Originations of loans held-for-sale (31,096) (30,401)
Proceeds from sales of loans held-for-sale 33,305 32,313
Net gain on sales of mortgage loans (917) (1,147)
Net premium amortization/discount (accretion) of purchase accounting adjustments on loans 51 (345)
Change in current income taxes receivable 1,093 60
Increase in cash surrender value of BOLI (248) (359)
Change in accrued interest receivable and other assets (4,081) (2,407)
Change in accrued interest payable and other liabilities (152) 718
Net premium amortization/discount (accretion) on securities 706 275
Securities (gains) losses, net (35) 136
Amortization of core deposit 21 25
Amortization of junior subordinated debentures issuance costs 11 12
Amortization of senior notes issuance costs 25 26
Stock based compensation 395 321
Net gains on sale of other real estate owned (80) (74)
Provision for other real estate owned valuation losses 112 318
Net losses on disposal and transfer of fixed assets   2
Net cash provided by operating activities 9,016 6,662
Cash flows from investing activities    
Proceeds from maturities and calls including pay down of securities available-for-sale 2,391 15,005
Proceeds from sales of securities available-for-sale 2,522 64,388
Purchases of securities available-for-sale (23,930) (154,653)
Net disbursements/proceeds from sales (purchases) of FHLBC stock 2,700 (675)
Net change in loans 17,208 (12,700)
Proceeds from clains on BOLI, net of premiums paid 1,204  
Improvements in other real estate owned (59)  
Proceeds from sales of other real estate owned, net of participation purchase 1,335 1,607
Net purchases of premises and equipment (118) (212)
Net cash provided by (used in) investing activities 3,253 (87,240)
Cash flows from financing activities    
Net change in deposits 39,123 70,369
Net change in securities sold under repurchase agreements 11,448 9,016
Net change in other short-term borrowings (70,000) 15,000
Payment of senior note issuance costs   (42)
Dividends paid common stock (296) (296)
Purchase of treasury stock (505) (124)
Net cash (used in) provided by financing activities (20,230) 93,923
Net change in cash and cash equivalents (7,961) 13,345
Cash and cash equivalents at beginning of period 55,833 47,334
Cash and cash equivalents at end of period 47,872 60,679
Supplemental cash flow information    
Interest paid for deposits 1,518 1,247
Interest paid for borrowings $ 1,321 1,164
Non-cash transfer of loans to other real estate owned   $ 3,416