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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities    
Net income $ 5,789 $ 7,637
Adjustments to reconcile net income to net cash provided by operating activities:    
Net premium amortization 2,203 947
Depreciation and amortization (including amortization of ROU assets) 2,366 1,721
Provision for loan losses 600 400
Share-based compensation 679 924
Gain on sales of loans originated for sale (909) (1,066)
Mortgage loans originated for sale (43,471) (45,050)
Proceeds from sales of loans originated for sale 40,392 46,485
Net gain on disposal of OREO (8) (106)
Writedown of OREO 0 13
Net (gain) loss on disposal of premises and equipment 607 (6)
Deferred income taxes 263 518
Investment securities gains (2,403) (862)
Income from life insurance (1,026) (568)
(Increase) decrease in accrued interest receivable 730 (520)
Increase in accrued interest payable and other liabilities (1,147) 5,218
Other, net 1,100 (1,739)
Net cash provided by operating activities 5,765 13,946
Cash flows from investing activities    
Proceeds from sales of AFS securities 174,335 88,110
Maturities, repayments and calls of AFS securities 15,297 7,059
Purchase of AFS securities 150,386 132,373
Net cash and cash equivalents received from acquisitions 29,442 0
Net (purchases) redemptions of restricted investments in bank stocks 3,395 (2,700)
Net increase in loans (8,395) (54,132)
Purchases of bank premises and equipment (1,489) (1,053)
Proceeds from disposal of OREO 374 1,028
Proceeds from disposal of bank premises and equipment 0 7
Purchases of bank owned life insurance 0 (900)
Proceeds from settlement of life insurance contracts 571 0
Net cash used in investing activities 63,144 (94,954)
Cash flows from financing activities    
Net increase in deposits 68,525 106,351
Net increase (decrease) in borrowings with original maturities less than 90 days (29,696) 10,263
Payments on other short-term borrowings (25,000) (40,000)
Proceeds from long-term debt 20,000 0
Payments on long-term debt (71,582) (180)
Subordinated note issuance costs (57) 0
Dividends paid (2,799) (2,095)
Treasury shares repurchased for employee taxes associated with restricted stock vesting (294) (651)
Proceeds from issuance of stock for option exercises and employee stock purchase plan 58 95
Net cash provided by financing activities (40,845) 73,783
Net increase (decrease) in cash and cash equivalents 28,064 (7,225)
Cash and cash equivalents at beginning of period 88,815 29,807
Cash and cash equivalents at end of period 116,879 22,582
Cash paid during the period for:    
Interest 10,326 5,562
Income taxes 0 60
Supplemental schedule of noncash investing activities:    
OREO acquired in settlement of loans 161 408
ROU assets obtained in exchange for lease obligations 8,115 0
Security purchases not yet settled $ 0 $ 4,002