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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating activities    
Net income $ 12,239 $ 7,867
Adjustments to reconcile net income to net cash provided by operating activities:    
Deferred income taxes, net 382 (1,603)
Impairment of tax credit investments 554 338
Provision for loan and lease losses 4,508 5,699
Depreciation, amortization and accretion, net 1,099 1,148
Share-based compensation 750 811
Increase in value of bank-owned life insurance policies (890) (940)
Origination of loans for sale (64,985) (24,606)
Sale of loans originated for sale 63,651 27,244
Gain on sale of loans originated for sale (1,184) (1,527)
Net loss on foreclosed properties 30 0
Loan servicing right impairment valuation 69 0
Excess tax benefit from share-based compensation (43) (59)
Returns on investments in limited partnerships 413 92
Net increase in accrued interest receivable and other assets (1,242) (1,759)
Net increase in accrued interest payable and other liabilities 4,945 6,739
Net cash provided by operating activities 20,296 19,444
Investing activities    
Proceeds from maturities, redemptions and paydowns of available-for-sale securities 26,719 29,802
Proceeds from maturities, redemptions and paydowns of held-to-maturity securities 2,655 2,723
Proceeds from sale of available-for-sale securities 0 11,702
Purchases of available-for-sale securities (38,486) (27,125)
Purchases of held-to-maturity securities (4,867) (3,016)
Net increase in loans and leases (100,185) (22,530)
Investments in limited partnerships 0 (500)
Returns of investments in limited partnerships 316 0
Investment in historic development entities (905) (417)
Investment in Federal Home Loan Bank stock (8,118) (12,223)
Proceeds from the sale of Federal Home Loan Bank stock 6,898 9,271
Purchases of leasehold improvements and equipment, net (720) (942)
Net cash used in investing activities (116,693) (13,255)
Financing activities    
Net increase (decrease) in deposits 14,572 (115,107)
Repayment of Federal Home Loan Bank advances (698,600) (470,416)
Proceeds from Federal Home Loan Bank advances 772,100 580,415
Proceeds from Issuance of Subordinated Long-term Debt 0 9,090
Repayment of subordinated notes payable 0 (7,889)
Net increase (decrease) in other borrowed funds 42 (2,904)
Cash dividends paid (3,685) (3,399)
Purchase of treasury stock (278) (300)
Net cash provided by (used in) financing activities 84,151 (10,510)
Net decrease in cash and cash equivalents (12,246) (4,321)
Cash and cash equivalents at the beginning of the period 52,539 77,517
Cash and cash equivalents at the end of the period 40,293 73,196
Cash paid during the period for:    
Interest paid on deposits and borrowings 15,214 10,504
Income taxes paid 882 490
Non-cash investing and financing activities:    
Transfer of loans from held-to-maturity to held-for-sale 0 8,366
Transfer from loans to foreclosed properties 415 0
Transfer from premises and equipment to foreclosed properties $ 0 $ 1,113