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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating activities    
Net income $ 29,238 $ 27,034
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for loan losses 3,480 1,485
Depreciation and amortization of premises and equipment 2,491 2,221
Amortization of premiums on investments, net 171 26
Amortization of FDIC indemnification asset, net 1,787 1,602
Amortization of intangible assets 746 785
Goodwill impairment 1,492
Accretion on acquired loans (2,720) (4,257)
Equity-based compensation expense 1,222 947
Issuance of common stock to 401(k) plan 325 325
Gain on sale of premises and equipment, net (104) (8)
Loss on sale of other real estate owned 791 833
Loss on sale of securities 43 618
Loss on extinguishment of debt 1,096
Decrease in accrued interest receivable 639 404
Decrease in other operating activities 1,527 2,543
Net cash provided by operating activities 39,636 37,146
Investing activities    
Proceeds from sale of securities available for sale 13,897 8,937
Proceeds from maturities, prepayments, and calls of securities available for sale 29,555 57,056
Proceeds from maturities and calls of securities held to maturity 25,000
Payments to acquire securities available for sale (4,453) (67,355)
Proceeds from repayment of loans, net 78,036 23,929
Proceeds from bank owned life insurance 458
Proceeds from FHLB stock, net (purchase of) 129 (2,122)
Payments to the FDIC (137) (117)
Proceeds from sale of premises and equipment 1,038 507
Payments to acquire premises and equipment (6,225) (1,076)
Proceeds from sale of other real estate owned 2,917 981
Net cash provided by investing activities 139,757 21,198
Financing activities    
Increase in noninterest-bearing deposits, net 12,928 9,802
Decrease in interest-bearing deposits, net (31,826) (63,842)
(Repayments of) proceeds from securities sold under agreements to repurchase, net (27,507) 65
Repayments of FHLB and other borrowings, net (50,000)
Proceeds from stock options exercised 124 321
Payments for repurchase of common stock (16,362) (21,287)
Payments of common dividends (11,165) (17,675)
Net cash used in financing activities (73,808) (142,616)
Net increase (decrease) in cash and cash equivalents 105,585 (84,272)
Cash and cash equivalents at beginning of period 76,873 157,951
Cash and cash equivalents at end of period 182,458 73,679
Supplemental disclosure -- cash flow information    
Cash paid for interest 4,308 6,447
Cash paid for income taxes 7,083 4,800
Transfer of loans to other real estate owned 2,883 4,135
Loans originated to finance other real estate owned 484 92
Decrease (increase) in accumulated other comprehensive loss $ 1,124 $ (1,977)