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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 $ 19,583 $ 17,723 $ 17,649
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation of premises and equipment 1,661 1,595 1,671
Amortization of deferred loan costs 786 603 289
Amortization of intangibles 1,186 1,195 1,334
Amortization of loss on investment tax credits 477 635 248
Provision for loan losses 5,000 3,700 3,524
Net loss (gain) on sale of other real estate owned 137 (132) (70)
Net loss on disposal of equipment   87 63
Loans originated for sale (26,708) (25,246) (11,376)
Proceeds from sale of loans originated for sale 27,593 29,604 10,295
Net gain on sale of loans originated for sale (885) (872) (648)
Net amortization of investment securities 3,635 4,278 4,292
Net gain on sale of investment securities (623) (1,189) (861)
Life insurance investment income (791) (767) (778)
Deferred income tax expense (1,442) (841) 1,146
Stock based compensation 71 69 70
Net change in:      
Accrued interest receivable (432) (216) 286
Other assets 1,373 (213) (4,860)
Accrued interest payable (98) (14) (149)
Other liabilities (2,470) (820) 2,074
Net cash provided by operating activities 28,053 29,179 24,199
Cash flows from investing activities:      
Proceeds from sales of investment securities available-for-sale 27,408 81,983 15,389
Proceeds from repayments of investment securities:      
Available-for-sale 53,128 58,318 47,149
Held-to-maturity 1,561 2,520 2,576
Purchases of investment securities:      
Available-for-sale (62,022) (90,402) (102,304)
Net purchase redemption of restricted equity securities (1,648) (1,716) 415
Net increase in lending activities (195,408) (133,146) (35,996)
Investment in low income housing investment tax credits (2,045) (3,050) (1,366)
Purchases of premises and equipment (6,764) (4,420) (1,073)
Proceeds from the sale of premises and equipment   14 25
Purchase of investment in life insurance (1,500)    
Proceeds from sale of other real estate owned 933 484 750
Net cash used in investing activities (186,357) (89,415) (74,435)
Cash flows from financing activities:      
Net increase in deposits 132,947 30,252 46,051
Proceeds from long-term debt   30,000  
Repayment of long-term debt (2,220) (2,786) (3,603)
Net increase in short-term borrowings 44,375 18,768 (2,495)
Retirement of common stock (604) (5,188) (109)
Net cash provided by financing activities 165,328 61,727 30,352
Net (decrease) increase in cash and cash equivalents 7,024 1,491 (19,884)
Cash and cash equivalents at beginning of year 32,917 31,426 51,310
Cash and cash equivalents at end of year 39,941 32,917 31,426
Cash paid during the period for:      
Interest 7,349 6,788 6,791
Income taxes 5,900 4,200 5,000
Noncash items:      
Transfers of loans to other real estate $ 757 $ 869 593
Retirement of treasury shares     $ 6,300