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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities    
Net income $ 29,919 $ 25,392
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Net premium amortization/discount (accretion) on securities 2,128 2,128
Securities (gains) losses, net (4,476) (360)
Provision for (release of) loan and lease losses 1,450 728
Originations of loans held-for-sale (126,929) (107,947)
Proceeds from sales of loans held-for-sale 127,455 111,169
Net gain on sales of mortgage loans (3,999) (3,122)
Change in fair value of mortgage servicing rights 2,902 (189)
Net discount / premium from (accretion) amortization on loans (1,052) (776)
Increase in cash surrender value of BOLI (1,045) (946)
Net gains on sale of other real estate owned (254) (716)
Provision for other real estate owned valuation losses 399 485
Depreciation of fixed assets and amortization of leasehold improvements 1,869 1,778
Net (gains) / losses on disposal and transfer of fixed assets (32)  
Amortization of core deposit intangible 410 254
Change in current income taxes receivable 3,319 671
Provision for deferred tax expense 4,493 6,777
Change in accrued interest receivable and other assets (7,441) 533
Accretion of purchase accounting adjustment on time deposits (38)  
Amortization of purchase accounting adjustment on notes payable and other borrowings 75  
Amortization of junior subordinated debentures issuance costs 36 35
Amortization of senior notes issuance costs 86 75
Change in accrued interest payable and other liabilities 6,366 2,432
Stock based compensation 1,905 1,641
Net cash provided by operating activities 37,546 40,042
Cash flows from investing activities    
Proceeds from maturities and calls including pay down of securities available-for-sale 32,631 32,890
Proceeds from sales of securities available-for-sale 177,824 94,663
Purchases of securities available-for-sale (136,096) (71,488)
Net proceeds from sales of FHLBC stock 2,722 2,627
Net disbursements/proceeds from (purchases) sales of FRB stock   (1,421)
Net change in loans (2,833) 9,988
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 2,644 4,292
Proceeds from disposition of premises and equipment 32  
Net purchases of premises and equipment (2,330) (1,563)
Cash paid for acquisition, net of cash and cash equivalent retained   (35,711)
Net cash provided by investing activities 74,594 35,422
Cash flows from financing activities    
Net change in deposits (42,144) (39,053)
Net change in securities sold under repurchase agreements 2,238 8,792
Net change in other short-term borrowings (65,500) (44,000)
Net change in notes payable and other borrowings (6,598) (5,317)
Proceeds from exercise of stock options 32  
Dividends paid common stock (896) (892)
Purchase of treasury stock (470) (505)
Net cash used in financing activities (113,338) (80,975)
Net change in cash and cash equivalents (1,198) (5,511)
Cash and cash equivalents at beginning of period 55,235 55,833
Cash and cash equivalents at end of period $ 54,037 $ 50,322