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CONSOLIDATED STATEMENTS OF CASH FLOWS - (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating activities    
Net income $ 20,640 $ 13,693
Adjustments to reconcile net income to net cash from    
Depreciation and amortization of premises, equipment and intangibles 971 1,096
Net amortization (accretion) of securities, loans, deposits, and other (1,257) (6,606)
Provision (recapture) for loan losses (3,488) 3,599
Stock-based compensation 592 463
Gain on sale of securities   (19)
Gain on sale of loans (6,370) (4,136)
Gain on sale of OREO (142)  
Increase in cash surrender value of life insurance (620) (423)
Loans originated and purchased for sale (184,468) (160,654)
Proceeds from loans sold 155,372 169,546
Other items (360) 7,181
Net cash from operating activities (19,130) 23,740
Investing activities    
Decrease in interest-earning deposits 245 9,437
Securities available for sale:    
Purchases (18,795) (2,000)
Maturities, prepayments and calls 3,336 3,295
Sales   5,083
Purchase of FHLB stock and other equity securities, net (27) (2,998)
Net (increase) decrease in loans (131,321) 42,080
Proceeds from sales of OREO 257  
Purchase of life insurance (10,000)  
Net cash paid in connection with acquisition   (35,051)
Purchases of premises and equipment (229) (230)
Net cash from investing activities (156,534) 19,616
Financing activities    
Net increase (decrease) in demand deposits and savings accounts 178,620 (32,876)
Net decrease in time deposits (13,001) (26,099)
Net change in FHLB advances   10,000
Cash dividends paid (3,848) (2,554)
Issuance of subordinated debentures, net of issuance costs   49,274
Issuance of common stock, net of issuance costs 60,217  
Exercise of stock options 1,015 778
Net cash from financing activities 223,003 (1,477)
Net increase in cash and cash equivalents 47,339 41,879
Cash and cash equivalents at beginning of period 118,713 113,891
Cash and cash equivalents at end of period 166,052 155,770
Cash paid during the period:    
Interest paid 9,528 9,175
Taxes paid 12,875 8,290
Non-cash investing and financing activities:    
Transfer of loan to available for sale securities 1,000  
Transfer of loans to held for sale 114,047 48,425
Loan to facilitate OREO 425  
Securities held to maturity transferred to available for sale   433
Net change in unrealized holding gain on securities available for sale $ 222 $ 710