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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities    
Net income $ 18,839 $ 17,173
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 1,398 1,347
Change in deferred taxes 232 (591)
Provision for loan losses 875 1,333
Loans originated for resale (14,177) (6,343)
Proceeds from sales and transfers of loans 13,732 5,895
Net gain on sales of loans (407) (300)
Net gain on sale or call of securities (15) (137)
Net amortization of premiums on investments 752 1,556
Net gain on sale of other real estate owned (113) (312)
Equity compensation expense 368 285
Net increase in other assets and accrued interest (9,743) (289)
Net increase in other liabilities 2,036 4,368
Net loss on disposal of premises and equipment 386 137
Amortization of investment in limited partnership 230 133
Net acquisition amortization 32 32
Net cash provided by operating activities 14,425 24,287
Cash flows from investing activities    
Increase in interest-bearing deposits in other banks (4,635) (50,185)
Proceeds from sales of securities available for sale 3,835 459
Proceeds from maturities, payments and calls of securities available for sale 51,633 40,515
Proceeds from maturities, payments, calls and sales of securities to be held to maturity 17,963 10,171
Proceeds from sales of other real estate owned 418 904
Purchases of securities available for sale (54,553) (55,591)
Purchases of securities to be held to maturity (61,051) (10,987)
Redemption of restricted equity securities 2,604 0
Purchase of restricted equity securities 0 (1,228)
Net increase in loans (25,518) (79,963)
Capital expenditures (960) (433)
Net cash used by investing activities (70,264) (146,338)
Cash flows from financing activities    
Net increase in demand, savings, and money market accounts 25,821 35,624
Net increase in certificates of deposit 70,384 60,408
Net increase in short-term borrowings 0 116,516
Repayment on long-term borrowings (28,900) (80,000)
Payment to repurchase common stock (96) (168)
Proceeds from sale of common stock 488 466
Dividends paid (9,574) (8,353)
Net cash provided by financing activities 58,123 124,493
Net increase in cash and cash equivalents 2,284 2,442
Cash and cash equivalents at beginning of period 19,134 19,207
Cash and cash equivalents at end of period 21,418 21,649
Interest paid 19,858 14,349
Income taxes paid 3,390 1,762
Non-cash transactions    
Net transfer from loans to other real estate owned $ 0 $ 164