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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash Flows from Operating Activities:    
Net Income $ 27,735 $ 27,521
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Provision for Loan Losses 1,445 1,961
Depreciation and Amortization 3,994 3,576
Net Gain on Securities Transactions (222) (355)
Loans Originated and Held-for-Sale (20,612) (3,378)
Proceeds from the Sale of Loans Held-for-Sale 19,424 3,620
Net Gain on the Sale of Loans (501) (115)
Net Loss on the Sale of Premises and Equipment, Other Real Estate Owned and Repossessed Assets 798 155
Contributions to Retirement Benefit Plans (492) (524)
Deferred Income Tax Benefit (644) (389)
Shares Issued Under the Directors’ Stock Plan 130 103
Stock-Based Compensation Expense 292 267
Tax Benefit from Exercise of Stock Options 199 205
Net Increase in Other Assets (9,302) (1,030)
Net Increase in Other Liabilities 10,480 1,980
Net Cash Provided By Operating Activities 32,724 33,597
Cash Flows from Investing Activities:    
Proceeds from the Maturities and Calls of Securities Available-for-Sale 79,077 36,663
Purchases of Securities Available-for-Sale (70,418) (84,746)
Proceeds from the Maturities and Calls of Securities Held-to-Maturity 31,161 49,721
Purchases of Securities Held-to-Maturity (3,398) (4,506)
Net Increase in Loans (140,360) (176,607)
Proceeds from the Sales of Premises and Equipment, Other Real Estate Owned and Repossessed Assets 1,282 1,078
Purchase of Premises and Equipment (6,698) (2,371)
Proceeds from the Sale of a Subsidiary, Net 0 75
Net Decrease (Increase) in Other Investments 8,879 (917)
Net Cash Used By Investing Activities (100,475) (181,610)
Cash Flows from Financing Activities:    
Net Increase in Deposits 268,963 162,739
Net (Decrease) Increase in Short-Term Federal Home Loan Bank Borrowings (186,000) 26,000
Net Increase (Decrease) in Short-Term Borrowings 18,210 (2,463)
Finance Lease Payments (19) 0
Repayments of Federal Home Loan Bank Term Advances (15,000) (10,000)
Purchase of Treasury Stock (2,368) (1,823)
Stock Options Exercised, Net 1,640 1,977
Shares Issued Under the Employee Stock Purchase Plan 360 368
Shares Issued for Dividend Reinvestment Plans 1,333 1,302
Cash Dividends Paid (11,309) (10,630)
Net Cash Provided By Financing Activities 75,810 167,470
Net Increase in Cash and Cash Equivalents 8,059 19,457
Cash and Cash Equivalents at Beginning of Period 84,239 72,838
Cash and Cash Equivalents at End of Period 92,298 92,295
Supplemental Disclosures to Statements of Cash Flow Information:    
Interest on Deposits and Borrowings 15,329 7,946
Income Taxes 7,131 7,493
Non-cash Investing and Financing Activity:    
Transfer of Loans to Other Real Estate Owned and Repossessed Assets $ 1,530 $ 606