XML 135 R94.htm IDEA: XBRL DOCUMENT v3.7.0.1
Parent Only Condensed Financial Statements Condensed Statements of Cash Flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income $ 15,182 $ 10,964 $ 5,294
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Stock-based compensation 284 238 173
Tax benefit from exercise of stock options (30) (6) (7)
Benefit for deferred income taxes 2,592 (933) (408)
Cash flows from financing activities:      
Cash dividend payments on common stock (2,715) (1,979) (2,190)
Proceeds from exercise of stock options 231 60 55
Tax benefit from exercise of stock options 30 6 7
Net cash (used in) provided by financing activities (720) 75,202 32,881
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 94,617 77,328 112,052
CASH AND CASH EQUIVALENTS AT END OF YEAR 38,568 94,617 77,328
Cash paid during the year for interest 1,053 1,059 1,171
Non-cash investing and financing activities:      
Common stock issued in Sierra Vista Bank acquisition 16,678 0 0
Parent Company      
Cash flows from operating activities:      
Net income 15,182 10,964 5,294
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Undistributed net income of subsidiary, net of distributions (2,852) (9,080) (3,325)
Stock-based compensation 284 238 173
Tax benefit from exercise of stock options (30) (6) (7)
Net (increase) decrease in other assets (405) 50 (50)
Net increase (decrease) in other liabilities 64 (32) 34
Benefit for deferred income taxes 98 (5) (8)
Net cash provided by (used in) operating activities 12,341 2,129 2,111
Cash flows used in investing activities:      
Investment in subsidiary (9,584) 0 0
Cash flows from financing activities:      
Cash dividend payments on common stock (2,715) (1,979) (2,190)
Proceeds from exercise of stock options 231 60 55
Tax benefit from exercise of stock options 30 6 7
Net cash (used in) provided by financing activities (2,454) (1,913) (2,128)
Increase (decrease) in cash and cash equivalents 303 216 (17)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 584 368 385
CASH AND CASH EQUIVALENTS AT END OF YEAR 887 584 368
Cash paid during the year for interest $ 112 $ 97 $ 194