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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income $ 19,505 $ 27,268 $ 22,231
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan and lease losses 4,821 3,802 3,607
Depreciation of premises and equipment 4,089 3,757 3,243
Net gain on sales of investment securities (518) (1,265) (635)
Net gain on mortgage banking activities (6,027) (4,838) (2,182)
Bank owned life insurance income (2,931) (1,295) (1,628)
Net amortization on investment securities 1,853 1,284 1,690
Amortization, fair market value adjustments and capitalization of mortgage servicing rights (521) (368) 10
Net accretion of acquisition accounting fair value adjustments (2,779) (2,048) 0
Stock-based compensation 2,084 1,421 1,141
Intangible expenses 5,528 2,567 2,167
Other adjustments to reconcile net income to cash provided by operating activities 659 (133) (822)
Deferred tax expense 942 3,816 4,162
Originations of loans held for sale (258,202) (209,464) (131,461)
Proceeds from the sale of loans held for sale 262,948 212,613 132,278
Contributions to pension and other postretirement benefit plans (2,261) (2,271) (254)
Decrease (increase) in accrued interest receivable and other assets 1,956 3,055 (3,237)
Increase (decrease) in accrued interest payable and other liabilities 2,160 1,442 (587)
Net cash provided by operating activities 33,306 39,343 29,723
Cash flows from investing activities:      
Net cash paid due to acquisitions (94,835) (2,967) (9,260)
Net capital expenditures (12,644) (5,890) (5,595)
Proceeds from maturities and calls of securities held-to-maturity 21,000 13,000 11,000
Proceeds from maturities and calls of securities available-for-sale 110,927 79,482 58,744
Proceeds from sales of securities available-for-sale 77,290 77,308 32,967
Purchases of investment securities held-to-maturity 5,071 0 0
Purchases of investment securities available-for-sale (80,476) (162,722) (65,215)
Proceeds from sale of loans transferred to held for sale 0 4,000 0
Proceeds from sale of portfolio loans 2,435 0 0
Proceeds from sale of credit card portfolio 0 0 8,940
Net increase in loans and leases (337,961) (181,037) (100,981)
Net decrease (increase) in interest-earning deposits 35,004 (16,954) 30,070
Net (increase) decrease in other investments (11,773) (3,718) 2,144
Proceeds from sales of other real estate owned 885 14 891
Net decrease in federal funds sold 0 17,442 0
Purchases of bank owned life insurance 0 (8,000) 0
Proceeds from bank owned life insurance 662 0 0
Net cash used in investing activities (294,557) (190,042) (36,295)
Cash flows from financing activities:      
Net increase in deposits 125,425 147,572 16,843
Net increase (decrease) in short-term borrowings 123,207 (17,763) 4,217
Proceeds from Issuance of Long-term Debt 20,000 0 0
Repayments of Long-term Debt (15,000) 0 0
Proceeds from issuance of subordinated notes 44,515 49,267 0
Payment of contingent consideration on acquisitions (2,552) (2,631) (310)
Purchases of treasury stock (8,359) (13,342) (4,605)
Stock issued under dividend reinvestment and employee stock purchase plans and other employee benefit programs 2,472 2,434 2,462
Proceeds from exercise of stock options, including excess tax benefits 4,968 534 310
Cash dividends paid (17,024) (15,011) (12,996)
Net cash provided by financing activities 277,652 151,060 5,921
Net decrease (increase) in cash and due from banks 16,401 361 (651)
Cash and due from banks at beginning of year 32,356 31,995 32,646
Cash and due from banks at end of period 48,757 32,356 31,995
Supplemental disclosures of cash flow information:      
Cash paid for interest 13,982 8,099 4,118
Cash paid for income taxes, net of refunds 8,053 2,142 5,899
Non cash transactions:      
Transfer of loans to other real estate owned 2,347 320 0
Transfer of loans to loans held for sale 0 4,000 8,926
Assets acquired through acquisitions 1,090,395 425,185 0
Liabilities assumed through acquisitions 911,316 389,795 0
Contingent consideration recorded as goodwill $ 0 $ 1,525 $ 6,105