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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 6,480 $ 5,019
Adjustments to reconcile net income to net cash provided by operations:    
PROVISION FOR LOAN LOSSES 1,016 1,196
Depreciation and amortization of premises and equipment, core deposit intangible, and mortgage servicing rights 1,333 1,001
Amortization and accretion of securities premiums and discounts, deferred loan fees and costs, net yield and credit mark on acquired loans, and unearned income 53 (430)
Net realized gains on sales of available-for-sale securities (1,383) 0
Net realized and unrealized (gains) losses on trading securities (188) 34
Proceeds from sale of trading securities 402 0
Purchase of trading securities (904) (150)
Gain on sale of loans (81) (111)
Net (gains) losses on dispositions of premises and equipment and foreclosed assets (81) 9
Proceeds from sale of loans 3,197 3,782
Origination of loans held for sale (4,376) (2,864)
Income on bank owned life insurance (352) (263)
Stock-based compensation expense 515 240
Contribution of treasury stock 0 15
Changes in:    
Accrued interest receivable and other assets (1,434) 1,275
Accrued interest payable and other liabilities (3,971) (3,058)
NET CASH PROVIDED BY OPERATING ACTIVITIES 226 5,695
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturities, prepayments and calls of available-for-sale securities 21,546 12,039
Proceeds from sales of available-for-sale securities 2,183 0
Purchase of available-for-sale securities (2,268) 0
Loan origination and payments, net (35,616) (28,710)
Redemption (purchase) of FHLB and other equity interests (999) 2,246
Purchase of premises and equipment (1,877) (1,424)
Proceeds from the sale of premises and equipment and foreclosed assets 236 85
NET CASH USED IN BY INVESTING ACTIVITIES (16,795) (15,764)
Net change in:    
Checking, money market and savings accounts 24,999 69,719
Certificates of deposit (17,042) 5,439
Deposits held for sale 57 0
Purchase of treasury stock (1,103) (23)
Cash dividends paid (2,525) (2,385)
Proceeds from stock offering, net of issuance costs 19,294 0
Repayment of long-term borrowings (17,461) (4,998)
Net change in short-term borrowings 9,536 (59,367)
NET CASH PROVIDED BY FINANCING ACTIVITIES 15,755 8,385
NET DECREASE IN CASH AND CASH EQUIVALENTS (814) (1,684)
CASH AND CASH EQUIVALENTS, Beginning 29,183 27,261
CASH AND CASH EQUIVALENTS, Ending 28,369 25,577
Cash paid during the period for:    
Interest 3,890 3,070
Income taxes 0 86
SUPPLEMENTAL NONCASH DISCLOSURES:    
Grant of restricted stock awards from treasury stock 943 849
Transfer of loans to other real estate owned $ 51 $ 0