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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 $ 18,528 $ 15,809
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of premises and equipment 1,728 1,401
Amortization of deferred loan costs 729 662
Amortization of intangibles 670 785
Amortization of low income housing partnerships 349 352
Provision for loan losses 3,150 3,600
Net loss on investment securities (14)  
Net gain on sale of other real estate owned (17) (50)
Loans originated for sale (9,931) (16,927)
Proceeds from sale of loans originated for sale 10,013 16,622
Net gain on sale of loans originated for sale (74) (155)
Net amortization of investment securities 1,718 2,130
Net gain on sale of loans (291)  
Net gain on sale of merchant services business   (2,278)
Life insurance investment income (568) (577)
Stock based compensation 188 122
Net change in:    
Accrued interest receivable 371 320
Other assets 516 (1,780)
Accrued interest payable 248 19
Other liabilities (2,967) 2,665
Net cash provided by operating activities 24,360 22,720
Proceeds from repayments of investment securities:    
Available-for-sale 24,087 44,489
Held-to-maturity 710 936
Purchases of investment securities:    
Available-for-sale (32,723) (45,254)
Net redemption of restricted equity securities 735 710
Proceeds from sale of student loan portfolio 5,103  
Proceeds from sale of credit card loan portfolio 2,407  
Net increase in lending activities (96,916) (101,320)
Purchases of premises and equipment (1,979) (5,514)
Proceeds from the sale of premises and equipment 341  
Proceeds from investment in life insurance 304  
Proceeds from the sale of merchant services business   2,300
Proceeds from sale of other real estate owned 582 487
Net cash used in investing activities (97,349) (103,166)
Cash flows from financing activities:    
Net increase in deposits 108,846 99,098
Repayment of long-term debt (1,273) (7,935)
Net decrease in short-term borrowings (24,225) (10,800)
Cash dividends paid (7,252) (6,952)
Net cash provided by (used in) financing activities 76,096 73,411
Net increase (decrease) in cash and cash equivalents 3,107 (7,035)
Cash and cash equivalents at beginning of period 37,488 39,941
Cash and cash equivalents at end of period 40,595 32,906
Cash paid during the period for:    
Interest 9,140 6,238
Income taxes 2,550 4,100
Noncash items:    
Transfers of loans to other real estate $ 623 $ 479