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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities      
Net income $ 5,146 $ 15,750 $ 9,573
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization of leasehold improvement   1,142 1,193
Change in fair value of mortgage servicing rights 429 (200) 562
Release for loan and lease losses 750 728 750
Provision for deferred tax expense   3,468 4,052
Originations of loans held-for-sale   (72,820) (75,079)
Proceeds from sales of loans held-for-sale   73,187 76,649
Net gain on sales of mortgage loans (1,473) (2,157) (2,620)
Net premium amortization/discount (accretion) of purchase accounting adjustments on loans   (776) (680)
Change in current income taxes receivable   197 (89)
Increase in cash surrender value of BOLI (350) (599) (709)
Change in accrued interest receivable and other assets   (1,075) 1,665
Change in accrued interest payable and other liabilities   8,195 16,894
Net premium amortization/discount (accretion) on securities   1,388 773
Securities (gains) losses, net 131 (347) 267
Amortization of core deposit 25 118 50
Amortization of junior subordinated debentures issuance costs   23 24
Amortization of senior notes issuance costs   50 52
Stock based compensation   1,098 625
Net gains on sale of other real estate owned (104) (104) (178)
Provision for other real estate owned valuation losses 392 366 710
Net losses on disposal and transfer of fixed assets     (11)
Loss on transfer of premises to other real estate owned     1
Net cash provided by operating activities   27,632 34,474
Cash flows from investing activities      
Proceeds from maturities and calls including pay down of securities available-for-sale   20,136 78,564
Proceeds from sales of securities available-for-sale 36,468 92,746 100,856
Purchases of securities available-for-sale   (54,550) (205,755)
Net disbursements/proceeds from sales (purchases) of FHLBC stock   2,624 (675)
Net change in loans   (4,418) (64,755)
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   2,068 3,280
Proceeds from disposition of premises and equipment     13
Net purchases of premises and equipment   (710) (375)
Cash paid for acquisition, net of cash and cash equivalent retained   (35,711)  
Net cash provided by (used in) investing activities   23,330 (88,847)
Cash flows from financing activities      
Net change in deposits   (9,587) 43,360
Net change in securities sold under repurchase agreements   18,497 10,646
Net change in other short-term borrowings   (49,298) 5,000
Payment of senior note issuance costs     (42)
Dividends paid common stock   (594) (592)
Purchase of treasury stock   (505) (236)
Net cash (used in) provided by financing activities   (41,487) 58,136
Net change in cash and cash equivalents   9,475 3,763
Cash and cash equivalents at beginning of period   55,833 47,334
Cash and cash equivalents at end of period 51,097 65,308 $ 51,097
Supplemental cash flow information      
Income taxes paid 230 100  
Interest paid for deposits 2,448 3,295  
Interest paid for borrowings 3,787 3,960  
Non-cash transfer of loans to other real estate owned 3,525 $ 2,380  
Non-cash transfer of premises to other real estate owned $ 95