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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 16,931 $ 15,799
Adjustments to reconcile net income to net cash from operating activities:    
Provision for loan losses 1,300 1,525
Depreciation and amortization 1,428 1,499
Net amortization of securities 1,199 1,544
Available for sale security loss 33 (3)
Realized gains on equity securities (25) (42)
Loss on land and building sales, net 16 0
Stock compensation expense 664 734
(Gain) loss on adjustment of other real estate owned 59 (16)
Earnings on bank owned life insurance (422) (441)
Origination of loans held for sale (23,251) (26,026)
Proceeds from loans held for sale 25,121 25,404
Net gains on sale of loans (1,726) (1,093)
Net change in other assets and liabilities (6,727) (2,878)
NET CASH FROM OPERATING ACTIVITIES 14,600 16,006
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from maturities and repayments of securities available for sale 13,746 20,727
Proceeds from sales of securities available for sale 9,646 2,355
Purchases of securities available for sale (26,224) (24,509)
Proceeds from sales of equity securities 672 274
Purchase of equity securities (678) 0
Proceeds from redemption of restricted stock 8 0
Purchase of restricted stock 0 (735)
Loan originations and payments, net (45,602) (62,908)
Proceeds from sale of other real estate owned 135 209
Proceeds from land and building sales 62 0
Additions to premises and equipment (969) (139)
NET CASH FROM INVESTING ACTIVITIES (49,204) (64,726)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net change in deposits 200,915 45,618
Net change in short-term borrowings (153,447) 26,386
Repayment of long-term borrowings (391) (404)
Cash dividends paid (5,004) (3,871)
Repurchase of common shares (1,388) 0
NET CASH FROM FINANCING ACTIVITIES 40,685 67,729
NET CHANGE IN CASH AND CASH EQUIVALENTS 6,081 19,009
Beginning cash and cash equivalents 57,926 57,614
Ending cash and cash equivalents 64,007 76,623
Supplemental cash flow information:    
Interest paid 9,368 5,123
Income taxes paid 3,050 4,100
Supplemental noncash disclosures:    
Transfer of loans to other real estate 268 22
Security purchases not settled 5,407 5,481
Issuance of stock awards $ 1,309 $ 706