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Consolidated Statements Of Cash Flows
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
USD ($)
Jun. 30, 2016
USD ($)
Jun. 30, 2015
USD ($)
Cash flows from operating activities:      
Net income $ 7,151 $ 14,769 $ 13,386
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization   2,990 2,671
Net amortization of premiums on securities   1,503 1,547
Provision for loan losses 1,952 4,320 4,029
Share-based compensation 303 432 370
Deferred income tax expense   (150) 202
Proceeds from sale of loans held for sale   7,671 7,321
Originations of loans held for sale   (6,294) (6,906)
Income on company owned life insurance (486) (1,854) (960)
Net gain on sale of loans held for sale (78) (156) (108)
Net gain on disposal of investment securities (1,387) (2,000) (1,062)
Net gain on sale and disposal of other assets (82) (86) (20)
(Increase) decrease in other assets   (780) 1,009
Increase in other liabilities   2,434 820
Net cash provided by operating activities   22,799 22,299
Cash flows from investing activities:      
Purchases of available for sale securities   (176,913) (241,906)
Purchases of held to maturity securities   (23,699) (39,570)
Proceeds from principal payments, maturities and calls on available for sale securities   57,707 57,787
Proceeds from principal payments, maturities and calls on held to maturity securities   31,147 16,394
Proceeds from sales of securities available for sale 44,648 62,275 29,508
Net loan originations   (131,323) (101,567)
Proceeds from company owned life insurance, net of purchases   2,443 (34)
Proceeds from sales of other assets   318 167
Purchases of premises and equipment   (3,422) (2,891)
Cash consideration paid for acquisition, net of cash acquired   (868)  
Net cash used in investing activities   (182,335) (282,112)
Cash flows from financing activities:      
Net increase in deposits   127,474 205,711
Net decrease in short-term borrowings   45,200 15,796
Issuance of long-term debt     40,000
Debt issuance costs     (1,060)
Purchase of common stock for treasury     (41)
Proceeds from stock options exercised   786 165
Excess tax benefit on share-based compensation, net   13 1
Cash dividends paid to common and preferred shareholders   (6,434) (6,356)
Net cash provided by financing activities   167,039 254,216
Net increase in cash and cash equivalents   7,503 (5,597)
Cash and cash equivalents, beginning of period   60,121 58,151
Cash and cash equivalents, end of period 67,624 67,624 52,554
Supplemental information:      
Cash paid for interest   5,492 3,166
Cash paid for income taxes   3,224 1,539
Noncash investing and financing activities:      
Real estate and other assets acquired in settlement of loans   374 130
Accrued and declared unpaid dividends $ 3,256 3,256 3,182
Increase in net unsettled security purchases   1,250 $ 4,023
Common stock issued for acquisition   8,100  
Assets acquired and liabilities assumed in business combinations:      
Fair value of assets acquired   4,848  
Fair value of liabilities assumed   $ 1,845