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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
NET INCOME $ 17,476 $ 15,194
Adjustments to reconcile net income to net cash from operating activities:    
Provision for loan losses 2,950 2,880
Depreciation and amortization 2,343 2,745
Net amortization of securities 1,398 1,677
Security (gains) losses 1 (72)
(Gain) loss on land and building sales, net 53 (238)
Stock compensation expense 1,368 602
(Gain) loss on sale of other real estate owned (24) 240
Earnings on bank owned life insurance (585) (608)
Origination of loans held for sale (46,518) (48,165)
Proceeds from loans held for sale 48,627 49,791
Net gains on sale of loans (2,256) (2,005)
Net change in other assets and liabilities (3,603) (8,221)
NET CASH FROM OPERATING ACTIVITIES 21,230 13,820
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from maturities and repayments of securities available for sale 32,722 46,483
Proceeds from sales of securities available for sale 54,493 11,480
Purchases of securities available for sale (100,251) (26,848)
Purchase of restricted stock (790) 0
Loan originations and payments, net (106,311) (100,396)
Proceeds from sale of other real estate owned 567 497
Purchase of bank owned life insurance (3,000) 0
Proceeds from land and building sales 0 479
Additions to premises and equipment (567) (512)
Net cash (paid) received in business combinations 16,519 (1,073)
NET CASH FROM INVESTING ACTIVITIES (106,618) (69,890)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net change in deposits 50,239 83,118
Net change in short-term borrowings 87,628 (9,307)
Repayment of long-term borrowings (5,891) (2,971)
Cash dividends paid (4,360) (3,244)
Repurchase of common shares 0 (168)
NET CASH FROM FINANCING ACTIVITIES 127,616 67,428
NET CHANGE IN CASH AND CASH EQUIVALENTS 42,228 11,358
Beginning cash and cash equivalents 41,778 56,014
Ending cash and cash equivalents 84,006 67,372
Supplemental cash flow information:    
Interest paid 4,675 3,196
Income taxes paid 6,200 6,800
Supplemental noncash disclosures:    
Transfer of loans to other real estate 207 301
Security purchases not settled 4,902 1,176
Issuance of stock awards 138 0
Issuance of stock for business combinations $ 6,443 $ 1,138