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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 32,569 $ 22,711 $ 20,557
Adjustments to reconcile net income to net cash from operating activities:      
Provision for loan losses 3,000 3,350 3,870
Depreciation and amortization 2,991 3,139 3,667
Net amortization of securities 2,798 1,823 2,216
Available for sale security gains (283) (4) (73)
Realized and unrealized gains on equity securities 12 0 0
Loss (gain) on land and building sales, net 0 53 (238)
Stock compensation expense 1,675 2,361 892
Loss on sale of other real estate owned (16) 20 277
Earnings on bank owned life insurance (881) (831) (814)
Origination of loans held for sale (79,007) (56,810) (64,599)
Proceeds from loans held for sale 80,771 59,959 68,856
Net gains on sale of loans (2,729) (3,066) (2,843)
Net change in other assets and liabilities (911) (2,139) (7,273)
NET CASH FROM OPERATING ACTIVITIES 39,989 30,566 24,495
CASH FLOWS FROM INVESTING ACTIVITIES      
Proceeds from maturities and repayments of securities available for sale 37,012 43,104 59,904
Proceeds from sales of securities available for sale 16,162 54,497 11,493
Purchases of securities available for sale (69,241) (114,600) (52,628)
Proceeds from sale of equity securities 79 0 0
Purchases of equity securities (1,642) 0 0
Purchases of restricted stock (1,246) (842) (200)
Loan originations and payments, net (160,204) (132,597) (133,248)
Proceeds from sale of other real estate owned 209 643 665
Purchase of bank owned life insurance 0 (3,000) 0
Proceeds from land and building sales 0 439 479
Additions to premises and equipment (450) (956) (788)
Net cash (paid) received in business combinations 0 16,203 (1,073)
NET CASH FROM INVESTING ACTIVITIES (179,321) (137,109) (115,396)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net change in deposits 195,001 45,377 115,709
Net change in short-term borrowings (44,806) 91,105 (27,372)
Repayments of long-term borrowings (1,010) (8,091) (7,178)
Cash dividends paid (8,316) (6,012) (4,326)
Repurchase of common shares (1,225) 0 (168)
NET CASH FROM FINANCING ACTIVITIES 139,644 122,379 76,665
NET CHANGE IN CASH AND CASH EQUIVALENTS 312 15,836 (14,236)
Beginning cash and cash equivalents 57,614 41,778 56,014
Ending cash and cash equivalents 57,926 57,614 41,778
Supplemental cash flow information:      
Interest paid 12,906 6,754 4,316
Income taxes paid 7,300 8,800 9,410
Supplemental noncash disclosures:      
Transfer of loans and property to other real estate owned 22 279 482
Issuance of stock for business combinations 0 6,358 1,138
Issuance of stock awards 2,415 139 0
Security purchases not settled 1,642 0 927
Contingent consideration for business combination $ 180 $ 85 $ 880