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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income $ 10,459 $ 9,737
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of premises and equipment 884 788
Amortization of deferred loan costs 427 362
Amortization of intangibles 526 602
Amortization of loss on investment tax credits 235 244
Provision for loan losses 2,400 2,400
Net gain on sale of other real estate owned (5) (9)
Loans originated for sale (10,411) (10,709)
Proceeds from sale of loans originated for sale 10,520 11,108
Net gain on sale of loans originated for sale (109) (399)
Net amortization of investment securities 1,469 1,997
Net gain on sale of investment securities available-for-sale   (623)
Net gain on sale of merchant services business (2,278)  
Life insurance investment income (384) (395)
Stock based compensation 70 35
Net change in:    
Accrued interest receivable 22 (156)
Other assets (2,136) (1,654)
Accrued interest payable (31) (107)
Other liabilities (116) (804)
Net cash provided by operating activities 11,542 12,417
Cash flows from investing activities:    
Proceeds from sales of investment securities available-for-sale   27,408
Proceeds from repayments of investment securities:    
Available-for-sale 21,594 23,013
Held-to-maturity 637 830
Purchases of investment securities:    
Available-for-sale (18,958) (16,725)
Net purchase of restricted equity securities (703) (1,475)
Net increase in lending activities (65,625) (125,528)
Investment in low income housing investment tax credits   (2,050)
Purchases of premises and equipment (3,516) (2,141)
Purchase of investment in life insurance   (1,500)
Proceeds from the sale of merchant services business 2,300  
Proceeds from sale of other real estate owned 272 195
Net cash used in investing activities (63,999) (97,973)
Cash flows from financing activities:    
Net increase in deposits 50,676 41,053
Repayment of long-term debt (974) (1,122)
Net increase in short-term borrowings 8,800 47,975
Retirement of common stock   (604)
Cash dividends paid (4,585) (4,586)
Net cash provided by financing activities 53,917 82,716
Net increase (decrease) in cash and cash equivalents 1,460 (2,840)
Cash and cash equivalents at beginning of period 39,941 32,917
Cash and cash equivalents at end of period 41,401 30,077
Cash paid during the period for:    
Interest 4,113 3,592
Income taxes 3,100 1,800
Noncash items:    
Transfers of loans to other real estate $ 279 $ 761