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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 20,557 $ 8,055 $ 8,965
Adjustments to reconcile net income to net cash from operating activities:      
Provision for loan losses 3,870 3,510 1,880
Depreciation and amortization 3,667 2,751 1,981
Net amortization of securities 2,216 2,275 1,472
Security gains (73) (94) (457)
Gain on land and building sales, net (238) 0 0
Stock compensation expense 892 486 116
Loss on sale of other real estate owned 277 286 53
Earnings on bank owned life insurance (814) (702) (459)
Origination of loans held for sale (64,599) (46,201) (15,911)
Proceeds from loans held for sale 68,856 46,455 15,916
Net gains on sale of loans (2,843) (1,101) (358)
Net change in other assets and liabilities (7,473) (9,397) (946)
NET CASH FROM OPERATING ACTIVITIES 24,295 6,323 12,252
CASH FLOWS FROM INVESTING ACTIVITIES      
Proceeds from maturities and repayments of securities available for sale 59,904 63,243 49,401
Proceeds from sales of securities available for sale 11,493 102,257 57,170
Purchases of securities available for sale (52,628) (72,683) (64,400)
Loan originations and payments, net (133,248) (139,656) (35,352)
Proceeds from sale of other real estate owned 665 553 337
Purchase of bank owned life insurance 0 (6,000) 0
Proceeds from land and building sales 479 723 0
Additions to premises and equipment (788) (1,299) (972)
Net cash (paid) received in business combinations (1,073) 29,749 0
NET CASH FROM INVESTING ACTIVITIES (115,196) (23,113) 6,184
CASH FLOWS FROM FINANCING ACTIVITIES      
Net change in deposits 115,709 (44,659) 487
Net change in short-term borrowings (27,372) 91,159 (22,481)
Repayments of long-term borrowings (7,178) (3,228) (1,441)
New advances for long term borrowing 0 5,000 10,000
Cash dividends paid (4,326) (2,683) (2,236)
Proceeds from reissuance of treasury shares 0 0 32
Repurchase of common shares (168) (213) (2,882)
NET CASH FROM FINANCING ACTIVITIES 76,665 45,376 (18,521)
NET CHANGE IN CASH AND CASH EQUIVALENTS (14,236) 28,586 (85)
Beginning cash and cash equivalents 56,014 27,428 27,513
Ending cash and cash equivalents 41,778 56,014 27,428
Supplemental cash flow information:      
Interest paid 4,316 4,047 4,623
Income taxes paid 9,410 2,620 1,925
Supplemental noncash disclosures:      
Transfer of loans and property to other real estate owned 482 888 368
Issuance of stock for business combinations 1,138 69,780 0
Contingent consideration for Bowers acquisition 880 0 0
Security purchases not settled $ 927 $ 1,338 $ 0