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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating activities    
Net income $ 6,009 $ 5,214
Adjustments to reconcile net income to cash provided by (used for) operating activities:    
Provision for loan losses 300 500
Depreciation and other amortization 453 401
Accretion and amortization of securities discounts and premium, net 83 116
(Gain) loss on sale of investment securities available for sale (4) 1
Gain on sale of fixed assets (8)
Operating lease payments 447
Compensation expense related to stock options and restricted stock grants 401 337
Gain on sale of loans held for sale (1,775) (941)
Loans originated and held for sale (55,178) (49,194)
Proceeds from sale of loans held for sale 56,801 51,040
Increase in cash surrender value of bank owned life insurance (216) (220)
(Increase) decrease in deferred tax asset 1 (1)
(Increase) decrease in other assets, net (396) 365
Increase (decrease) in other liabilities 5,978 (1,179)
Net cash provided by operating activities 12,904 6,431
Increase (decrease) in cash realized from:    
Increase in loans, net (56,643) (72,483)
Purchase of property and equipment (266) (498)
Purchase of investment securities:    
Other investments (2,595)
Payments and maturities, calls and repayments of investment securities:    
Available for sale 2,205 2,221
Other investments 812 4,001
Proceeds from sale of investment securities available for sale 5,841
Net cash used for investing activities (53,892) (63,513)
Increase (decrease) in cash realized from:    
Increase in deposits, net 110,099 139,400
Decrease in Federal Home Loan Bank advances and other borrowings, net (25,000) (38,600)
Proceeds from the exercise of stock options and warrants 322 228
Net cash provided by financing activities 85,421 101,028
Net increase in cash and cash equivalents 44,433 43,946
Cash and cash equivalents at beginning of the period 72,873 92,165
Cash and cash equivalents at end of the period 117,306 136,111
Cash paid for    
Interest 5,570 3,190
Income taxes
Schedule of non-cash transactions    
Unrealized gain (loss) on securities, net of income taxes 538 (726)
Right-of-use assets obtained in exchange for lease obligations:    
Operating leases $ 15,395