XML 133 R118.htm IDEA: XBRL DOCUMENT v3.20.4
CONDENSED PARENT COMPANY ONLY FINANCIAL STATEMENTS - Cash Flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 36,845 $ 66,865 $ 63,799
Adjustments to reconcile net income to net cash provided by operating activities:      
Stock-based compensation 351    
Net cash provided by operating activities 31,255 89,092 79,994
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchase of securities (523,559) (73,117) (189,412)
Net cash (used in) provided by investing activities (380,450) 115,340 65,088
CASH FLOWS FROM FINANCING ACTIVITIES      
Issuance of subordinated notes, net of issuance costs 39,211    
Issuance of common stock, net of issuance costs   138,493  
Repurchase of common stock     (907)
Net cash provided by (used in) financing activities 377,675 (107,340) (123,886)
NET CHANGE IN CASH AND EQUIVALENTS 28,480 97,092 21,196
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 283,971 186,879 165,683
CASH AND CASH EQUIVALENTS AT END OF PERIOD 312,451 283,971 186,879
Reportable Legal Entities | Consolidated HBT      
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income 36,845 66,865 63,799
Adjustments to reconcile net income to net cash provided by operating activities:      
Undistributed earnings of consolidated subsidiaries (22,426) 41,353 (21,255)
Stock-based compensation 351    
Amortization of discount and issuance costs on subordinated notes and debentures 92 66 66
Changes in other assets and liabilities, net 1,633 (1,912) 700
Net cash provided by operating activities 16,495 106,372 43,310
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital contribution to bank subsidiary   (17,000)  
Capital contribution to non-bank subsidiary   (100)  
Purchase of securities (17)    
Net cash (used in) provided by investing activities (17) (17,100)  
CASH FLOWS FROM FINANCING ACTIVITIES      
Issuance of subordinated notes, net of issuance costs 39,211    
Issuance of common stock, net of issuance costs   138,493  
Repurchase of common stock     (907)
Cash dividends and dividend equivalents paid (16,518) (224,956) (42,621)
Net cash provided by (used in) financing activities 22,693 (86,463) (43,528)
NET CHANGE IN CASH AND EQUIVALENTS 39,171 2,809 (218)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 4,978 2,169 2,387
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 44,149 $ 4,978 $ 2,169