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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities      
Net income $ 8,077 $ 25,392 $ 17,650
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization of leasehold improvement   1,778 1,760
Change in fair value of mortgage servicing rights 194 (189) 756
Provision for loan and lease losses 300 728 1,050
Provision for deferred tax expense   6,777 5,682
Originations of loans held-for-sale   (107,947) (113,077)
Proceeds from sales of loans held-for-sale   111,169 119,059
Net gain on sales of mortgage loans (1,095) (3,122) (3,715)
Net discount (accretion)/premium amortization of purchase accounting adjustments on loans   (776) (1,115)
Change in current income taxes receivable   671 111
Increase in cash surrender value of BOLI (362) (946) (1,071)
Change in accrued interest receivable and other assets   533 (6,849)
Change in accrued interest payable and other liabilities   2,432 4,571
Net premium amortization/discount (accretion) on securities   2,128 1,320
Securities (gains) losses, net (102) (360) 165
Amortization of core deposit 24 254 74
Amortization of junior subordinated debentures issuance costs   35 36
Amortization of senior notes issuance costs   75 77
Stock based compensation   1,641 897
Net gains on sale of other real estate owned (276) (716) (454)
Provision for other real estate owned valuation losses 920 485 1,630
Net losses on disposal and transfer of fixed assets     (10)
Net cash provided by operating activities   40,042 28,547
Cash flows from investing activities      
Proceeds from maturities and calls including pay down of securities available-for-sale   32,890 105,327
Proceeds from sales of securities available-for-sale 51,620 94,663 152,476
Purchases of securities available-for-sale   (71,488) (246,971)
Net disbursements/proceeds from sales (purchases) of FHLBC stock   2,627 (2,475)
Net disbursements/proceeds from (purchases) sales of FRB stock   (1,421)  
Net change in loans   9,988 (118,711)
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   4,292 5,512
Proceeds from disposition of premises and equipment     13
Net purchases of premises and equipment   (1,563) (852)
Cash paid for acquisition, net of cash and cash equivalent retained   (35,711)  
Net cash provided by (used in) investing activities   35,422 (105,681)
Cash flows from financing activities      
Net change in deposits   (39,053) 22,330
Net change in securities sold under repurchase agreements   8,792 1,138
Net change in other short-term borrowings   (44,000) 55,000
Payment of senior note issuance costs     (42)
Net change in notes payable and other borrowings   (5,317)  
Dividends paid common stock   (892) (888)
Purchase of treasury stock   (505) (236)
Net cash (used in) provided by financing activities   (80,975) 77,302
Net change in cash and cash equivalents   (5,511) 168
Cash and cash equivalents at beginning of period   55,833 47,334
Cash and cash equivalents at end of period 47,502 50,322 $ 47,502
Supplemental cash flow information      
Income taxes paid 230    
Interest paid for deposits 3,802 5,381  
Interest paid for borrowings 4,890 5,482  
Non-cash transfer of loans to other real estate owned 3,701 $ 2,194  
Non-cash transfer of premises to other real estate owned $ 95