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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities    
Net income $ 9,520 $ 9,127
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 908 859
Change in deferred taxes 98 (209)
Provision for loan losses 1,000 750
Loans originated for resale (17,070) (16,535)
Proceeds from sales and transfers of loans 17,280 15,710
Net gain on sales of loans (293) (379)
Net gain on sale or call of securities (3) (531)
Net amortization of premiums on investments 1,808 939
Net gain on sale of other real estate owned (74) (82)
Provision for losses on other real estate owned 3 0
Equity compensation expense 166 132
Tax benefit from vesting of restricted stock 0 32
Net increase in other assets and accrued interest (3,338) (2,468)
Net decrease in other liabilities (943) (384)
Net loss on disposal of premises and equipment 7 0
Amortization of investment in limited partnership 89 97
Net acquisition amortization 22 22
Net cash provided by operating activities 9,180 7,080
Cash flows from investing activities    
Increase in interest-bearing deposits in other banks (3,527) (3,555)
Proceeds from sales of securities available for sale 3 8,954
Proceeds from maturities, payments and calls of securities available for sale 123,896 25,544
Proceeds from maturities, payments and calls of securities to be held to maturity 7,022 43,876
Proceeds from sales of other real estate owned 336 972
Purchases of securities available for sale (133,056) (48,834)
Purchases of securities to be held to maturity (24,169) (20,059)
Purchase of Federal Reserve Bank and Federal Home Loan Bank Stock (381) (184)
Net increase in loans (49,880) (50,530)
Capital expenditures (80) (161)
Net cash used by investing activities (79,836) (43,977)
Cash flows from financing activities    
Net increase (decrease) in demand, savings, and money market accounts 25,428 (6,047)
Net increase in certificates of deposit 50,874 108,567
Net decrease in short-term borrowings (21,624) (64,362)
Advances on long-term borrowings 50,000 10,000
Proceeds from (Repayments of) Other Long-term Debt (25,000) 0
Payment to repurchase common stock (148) (129)
Proceeds from sale of common stock 329 258
Dividends paid (6,380) (4,851)
Net cash provided by financing activities 73,479 43,436
Net increase in cash and cash equivalents 2,823 6,539
Cash and cash equivalents at beginning of period 17,366 14,299
Cash and cash equivalents at end of period 20,189 20,838
Interest paid 6,228 5,132
Income taxes paid 2,470 2,802
Non-cash transactions    
Net transfer from loans to other real estate owned $ 214 $ 487