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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Dec. 31, 2016
Cash flows from operating activities      
Net earnings $ 3,516 $ 2,677  
Adjustments to reconcile net earnings to net cash provided from operating activities:      
Depreciation 801 777  
Amortization 264 241  
Deferred taxes 2,402 (496)  
Premium amortization, net of discount accretion 1,113 1,172  
Net realized gain on securities transactions 0 (37)  
Gain on loans held for sale (429) (226)  
Provision for loan losses 650 450 $ 3,640
Origination of loans held for sale (13,232) (13,726)  
Proceeds from loans held for sale 14,778 12,835  
Net loss on sale of premises, equipment, other real estate owned and other assets 27 (8)  
Stock based compensation 60 39  
Net change in accrued interest receivable and other assets 2,265 (1,286)  
Net change in accrued interest payable and other liabilities 21 334  
Net cash provided by operating activities 12,236 2,746  
Securities available for sale:      
Purchases (61,965) (18,252)  
Proceeds from sales 0 21,754  
Proceeds from maturities and principal repayments 5,203 38,444  
Securities held to maturity:      
Purchases 0 (79,649)  
Proceeds from sales 0 1,866  
Proceeds from maturities and principal repayments 2,892 3,419  
Net purchases of premises and equipment (814) (474)  
Net proceeds from sale of premises, equipment, other real estate owned and other assets 191 353  
Net increase in loans (8,375) (73,629)  
Net cash used in investing activities (62,868) (106,168)  
Cash flows from financing activities      
Net change in deposits 94,380 56,521  
Net change in securities sold under agreements to repurchase 1,804 (2,904)  
Proceeds from FHLB advances 0 50,000  
Repayment of FHLB advances (30,005) (5,051)  
Proceeds from other debt 1,000 0  
Repayment of other debt (357) 0  
Sale of treasury stock 0 8,557  
Exercise of stock options 24 0  
Net cash provided by financing activities 66,846 107,123  
Net change in cash and cash equivalents 16,214 3,701  
Cash and cash equivalents at beginning of year 127,543 111,379 111,379
Cash and cash equivalents at end of period 143,757 115,080 $ 127,543
Supplemental disclosures of cash flow information      
Interest paid 2,774 2,587  
Income taxes paid 0 1,300  
Supplemental schedule of noncash investing and financing activities      
Transfer loans to other real estate owned and repossessed assets 161 185  
Net change in fair value of KSOP shares $ 2,639 $ 1,538