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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income $ 14,026,000 $ 15,182,000 $ 10,964,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Net increase in deferred loan costs (92,000) (851,000) (270,000)
Depreciation 1,429,000 1,320,000 1,392,000
Accretion (766,000) (1,142,000) (1,196,000)
Amortization 8,519,000 7,912,000 8,024,000
Stock-based compensation 384,000 284,000 238,000
Excess tax benefit from exercise of stock options 0 (30,000) (6,000)
(Reversal of) Provision for credit losses (1,150,000) (5,850,000) 600,000
Other than temporary impairment losses on investment securities 0 136,000 0
Net realized gains on sales and calls of available-for-sale investment securities (2,802,000) (1,224,000) (1,481,000)
Net realized gains on sales or calls of held-to-maturity investment securities 0 (696,000) (14,000)
Net loss on sale and disposal of equipment 0 4,000 6,000
Net gain on sale of other real estate owned 0 0 (11,000)
Increase in bank owned life insurance, net of expenses (621,000) (558,000) (596,000)
Net gain on bank owned life insurance 0 (190,000) (345,000)
Net (increase) decrease in accrued interest receivable and other assets (2,263,000) (4,711,000) 2,109,000
Net increase (decrease) in accrued interest payable and other liabilities 1,370,000 821,000 (963,000)
Benefit (provision) for deferred income taxes 7,184,000 2,592,000 (933,000)
Net cash provided by operating activities 25,218,000 12,999,000 17,518,000
Cash flows used in investing activities:      
Net cash and cash equivalents acquired in acquisition 26,279,000 13,241,000 0
Purchases of available-for-sale investment securities (226,740,000) (278,664,000) (198,851,000)
Proceeds from sales or calls of available-for-sale investment securities 228,405,000 167,163,000 93,167,000
Proceeds from sales or calls of held-to-maturity investment securities 0 9,257,000 810,000
Proceeds from maturity and principal repayment of available-for-sale investment securities 44,956,000 50,531,000 53,593,000
Net increase in loans (25,542,000) (29,930,000) (24,776,000)
Proceeds from sale of other real estate owned 0 0 359,000
Purchases of premises and equipment (859,000) (861,000) (741,000)
Purchases of bank owned life insurance 0 0 (325,000)
FHLB stock purchased 0 0 (32,000)
Proceeds from bank owned life insurance 0 928,000 1,365,000
Proceeds from sale of premises and equipment 0 7,000 0
Net cash provided by (used in) investing activities 46,499,000 (68,328,000) (75,431,000)
Cash Flows From Financing Activities:      
Net increase in demand, interest-bearing and savings deposits 45,672,000 26,372,000 90,732,000
Net decrease in time deposits (48,044,000) (25,038,000) (13,617,000)
Repayments of short-term borrowings to Federal Home Loan Bank (7,000,000) 0 0
Proceeds of borrowings from other financial institutions 0 400,000 0
Repayments of borrowings from other financial institutions (400,000) 0 0
Proceeds from stock issued under employee stock purchase plan 45,000 0 0
Proceeds from exercise of stock options 2,835,000 231,000 60,000
Excess tax benefit from exercise of stock options 0 30,000 6,000
Cash dividend payments on common stock (3,010,000) (2,715,000) (1,979,000)
Net cash (used in) provided by financing activities (9,902,000) (720,000) 75,202,000
Increase (decrease) in cash and cash equivalents 61,815,000 (56,049,000) 17,289,000
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 38,568,000 94,617,000 77,328,000
CASH AND CASH EQUIVALENTS AT END OF YEAR 100,383,000 38,568,000 94,617,000
Cash paid during the year for:      
Interest 1,171,000 1,053,000 1,059,000
Income taxes 4,720,000 5,840,000 1,865,000
Non-cash investing and financing activities:      
Transfer of securities from held-to-maturity to available-for-sale 0 23,131,000 0
Unrealized gain on transfer of securities from held-to-maturity to available-for-sale 0 526,000 0
Foreclosure of loan collateral and recognition of other real estate owned 0 0 227,000
Transfer of loans to other assets 0 363,000 0
Assumption of debt related to foreclosure of other real estate owned 0 0 121,000
Common stock issued in acquisitions $ 28,405,000 $ 16,678,000 $ 0