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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income $ 25,317 $ 19,386
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 2,208 2,191
Net amortization of securities 3,066 4,006
Deferred tax benefit 0 (237)
Change in unamortized net loan costs and premiums 46 (368)
Premises and equipment depreciation and amortization expense 2,821 2,745
Stock-based compensation expense 836 835
Accretion of purchase accounting entries, net (2,780) (2,482)
Amortization of other intangibles 621 542
Income from cash surrender value of bank-owned life insurance policies (1,328) (1,165)
Gain on sales of securities, net 0 (19)
Loss on premises and equipment, net 0 95
Net change in other assets and liabilities (3,644) (2,387)
Net cash provided by operating activities 27,163 23,142
Cash flows from investing activities:    
Proceeds from sales of securities available for sale 0 1,581
Proceeds from maturities, calls and prepayments of securities available for sale 72,278 92,817
Purchases of securities available for sale (90,399) (138,785)
Net change in loans 53,049 (71,669)
Purchase of loans (50,197) (18,621)
Purchase of Federal Home Loan Bank stock (1,172) (327)
Proceeds from sale of Federal Home Loan Bank stock 5,123 0
Purchase of premises and equipment, net (2,675) (3,011)
Purchase of bank-owned life insurance income (14,000) 0
Acquisitions, net of cash (paid) acquired 0 39,537
Proceeds from sale of other real estate 69 322
Net cash used in investing activities (27,924) (98,156)
Cash flows from financing activities:    
Net increase in deposits 38,885 74,725
Net change in short-term advances from the Federal Home Loan Bank 20,063 110,801
Net change in long-term advances from the Federal Home Loan Bank (64,272) (62,531)
Repayment of short-term other borrowings (3,255) 0
Net change in securities sold repurchase agreements 0 672
Exercise of stock options 635 451
Purchase of treasury stock (324) (196)
Common stock cash dividends paid (9,082) (8,623)
Net cash (used in) provided by financing activities (17,350) 115,299
Net change in cash and cash equivalents (18,111) 40,285
Cash and cash equivalents at beginning of year 90,685 8,439
Cash and cash equivalents at end of period 72,574 48,724
Supplemental cash flow information:    
Interest paid 25,537 16,955
Income taxes paid, net 9,927 6,764
Acquisition of non-cash assets and liabilities:    
Assets acquired 0 1,454,076
Liabilities assumed 0 1,406,672
Other non-cash changes:    
Real estate owned acquired in settlement of loans $ 30 $ 32