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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities      
Net income $ 27,020,000 $ 17,331,000 $ 17,033,000
Adjustments to reconcile net income to net cash from operating activities:      
Depreciation and amortization 11,654,000 7,613,000 2,208,000
Accretion of acquired loans (5,338,000) (3,194,000) 0
Provision for loan losses (1,000,000) (3,000,000) (7,200,000)
Deferred income tax expense 4,412,000 4,506,000 8,092,000
Stock-based compensation expense 684,000 714,000 473,000
Stock grants to directors for retainer fee 403,000 155,000 0
Proceeds from sales of mortgage loans held for sale 120,880,000 67,422,000 51,373,000
Origination of mortgage loans held for sale (116,997,000) (65,392,000) (48,321,000)
Net gain on sales of mortgage loans held for sale (3,626,000) (1,625,000) (658,000)
Net gain on sale and valuation write-downs of foreclosed assets (62,000) (894,000) (1,585,000)
Net loss from sales of premises and equipment 55,000 25,000 0
Net gain from sales of available for sale securities (17,000) 0 0
Earnings on bank owned life insurance (1,113,000) (1,184,000) (1,329,000)
Net change in:      
Accrued interest receivable (321,000) (11,000) 225,000
Other assets (4,815,000) 1,795,000 8,465,000
Accrued interest and other liabilities 4,185,000 (9,822,000) (94,000)
Net cash from operating activities 36,004,000 14,439,000 28,682,000
Cash flows from investing activities      
Cash received in merger 0 91,806,000 0
Purchases of securities available for sale (10,645,000) (19,874,000) (49,812,000)
Proceeds from maturities, calls and repayments of securities available for sale 93,873,000 75,880,000 34,809,000
Proceeds from sales of securities available for sale 1,483,000 0 10,310,000
Proceeds from Federal Home Loan Bank stock redemption 6,132,000 5,527,000 0
Loan originations and payments, net (188,932,000) (90,853,000) (15,298,000)
Purchases of premises and equipment, net (1,081,000) (2,175,000) (326,000)
Proceeds from sale of foreclosed assets 2,967,000 4,427,000 7,898,000
Net cash from (for) investing activities (96,203,000) 64,738,000 (12,419,000)
Cash flows from financing activities      
Net decrease in time deposits (147,106,000) (58,927,000) (23,038,000)
Net increase (decrease) in all other deposits 146,944,000 (11,307,000) 6,745,000
Net increase (decrease) in securities sold under agreements to repurchase (12,798,000) 43,780,000 4,540,000
Proceeds from Federal Home Loan Bank advances 20,000,000 0 10,000,000
Maturities and prepayments of Federal Home Loan Bank advances (6,000,000) (3,000,000) 0
Proceeds from stock option exercises, net of cashless exercises 891,000 282,000 289,000
Employee stock purchase plan 44,000 23,000 19,000
Dividend reinvestment plan 655,000 209,000 33,000
Repurchase of common stock (15,762,000) 0 0
Payment of cash dividends to common shareholders (9,516,000) (24,464,000) (3,889,000)
Net cash for financing activities (22,648,000) (53,404,000) (5,301,000)
Net change in cash and cash equivalents (82,847,000) 25,773,000 10,962,000
Cash and cash equivalents at beginning of period 172,738,000 146,965,000 136,003,000
Cash and cash equivalents at end of period 89,891,000 172,738,000 146,965,000
Cash paid during the year for:      
Interest 11,618,000 11,439,000 11,059,000
Federal income taxes 8,000,000 2,625,000 0
Noncash financing and investing activities:      
Transfers from loans to foreclosed assets 2,203,000 1,490,000 2,194,000
Common stock issued in connection with the Firstbank merger $ 0 $ 173,310,000 $ 0