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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating Activities    
Net income $ 18,324,000 $ 11,728,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,262,000 3,876,000
Increase in cash surrender value of bank-owned life insurance (714,000) (661,000)
Provision for loan losses 2,405,000 3,693,000
Share-based compensation expense 1,257,000 787,000
Loss (gain) from sale of available-for-sale securities 0 8,000
Loans originated for sale (282,527,000) (302,887,000)
Proceeds from sale of loans 287,556,000 317,170,000
Gain on loans sold (5,201,000) (5,876,000)
Gain on sale of other real estate owned (105,000) 0
Decrease (increase) in fair value of loans held-for-sale 250,000 (519,000)
(Gain) loss on derivatives (100,000) 89,000
Net change in accrued income and other assets (149,000) (2,310,000)
Net change in accrued expenses and other liabilities (1,924,000) 1,530,000
Net cash provided by operating activities 23,334,000 26,628,000
Investing Activities    
Net loan activity, excluding purchases (274,507,000) (629,541,000)
Proceeds from sale of other real estate owned 332,000 30,000
Net change in interest-bearing time deposits 0 250,000
Maturities and calls of securities available-for-sale 48,938,000 50,165,000
Proceeds from sale of securities available-for-sale 0 9,192,000
Purchase of securities available-for-sale (65,289,000) (90,306,000)
Purchase of securities held-to-maturity (1,000,000) (2,550,000)
Purchase of Federal Home Loan Bank of Indianapolis stock (2,475,000) (10,665,000)
Purchase of bank-owned life insurance 0 (10,000,000)
Purchase of premises and equipment (1,161,000) (821,000)
Loans purchased (132,041,000) (42,345,000)
Net proceeds from sale of portfolio loans 25,717,000 26,679,000
Other investing activities (10,166,000) 0
Net cash used in investing activities (411,652,000) (699,912,000)
Financing Activities    
Net increase in deposits 361,623,000 534,161,000
Cash dividends paid (1,620,000) (1,283,000)
Repayment of subordinated debt (3,000,000) 0
Proceeds from advances from Federal Home Loan Bank 225,000,000 447,000,000
Repayment of advances from Federal Home Loan Bank (210,000,000) (271,805,000)
Net proceeds from common stock issuance 54,334,000 51,636,000
Other, net (210,000) (173,000)
Net cash provided by financing activities 426,127,000 759,536,000
Net Increase in Cash and Cash Equivalents 37,809,000 86,252,000
Cash and Cash Equivalents, Beginning of Period 47,981,000 39,452,000
Cash and Cash Equivalents, End of Period 85,790,000 125,704,000
Supplemental Disclosures    
Cash paid during the period for interest 36,196,000 21,312,000
Cash paid during the period for taxes 360,000 2,922,000
Loans transferred to other real estate owned 227,000 648,000
Cash dividends declared, paid in subsequent period 611,000 504,000
Securities purchased during the period, settled in subsequent period 0 1,158,000
Transfer of other equity investments from securities available-for-sale to other assets in accordance with adoption of ASU 2016-01 $ 2,932,000 $ 0