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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities    
Net income $ 8,468 $ 9,489
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Net premium amortization/discount (accretion) on securities 723 706
Securities (gains) losses, net (27) (35)
Provision for (release of) loan and lease losses 450 (722)
Originations of loans held-for-sale (25,815) (31,096)
Proceeds from sales of loans held-for-sale 27,224 33,305
Net gain on sales of mortgage loans (762) (917)
Change in fair value of mortgage servicing rights 819 (305)
Net discount / premium from (accretion) amortization on loans (110) 51
Increase in cash surrender value of BOLI (458) (248)
Net gains on sale of other real estate owned (73) (80)
Provision for other real estate owned valuation losses   112
Depreciation of fixed assets and amortization of leasehold improvements 638 537
Amortization of core deposit intangible 132 21
Change in current income taxes receivable 673 1,093
Provision for deferred tax expense 1,732 907
Change in accrued interest receivable and other assets 136 (4,081)
Accretion of purchase accounting adjustment on time deposits (25)  
Amortization of purchase accounting adjustment on notes payable and other borrowings 27  
Amortization of junior subordinated debentures issuance costs 12 11
Amortization of senior notes issuance costs 25 25
Change in accrued interest payable and other liabilities (1,864) (152)
Stock based compensation 573 395
Net cash provided by operating activities 12,498 9,016
Cash flows from investing activities    
Proceeds from maturities and calls including pay down of securities available-for-sale 5,279 2,391
Proceeds from sales of securities available-for-sale 81,524 2,522
Purchases of securities available-for-sale (46,176) (23,930)
Net proceeds from sales of FHLBC stock 2,254 2,700
Net change in loans (6,140) 17,208
Proceeds from claims on BOLI   1,204
Improvements in other real estate owned   (59)
Proceeds from sales of other real estate owned, net of participation purchase 874 1,335
Net purchases of premises and equipment (224) (118)
Net cash provided by investing activities 37,391 3,253
Cash flows from financing activities    
Net change in deposits 6,864 39,123
Net change in securities sold under repurchase agreements (4,271) 11,448
Net change in other short-term borrowings (64,500) (70,000)
Net change in notes payable and other borrowings (2,199)  
Proceeds from exercise of stock options 32  
Dividends paid common stock (297) (296)
Purchase of treasury stock (417) (505)
Net cash used in financing activities (64,788) (20,230)
Net change in cash and cash equivalents (14,899) (7,961)
Cash and cash equivalents at beginning of period 55,235 55,833
Cash and cash equivalents at end of period $ 40,336 $ 47,872