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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 8,554 $ 8,065 $ 1,789
Adjustments to net income:      
Depreciation and amortization expense 670   253
Provision for loan losses 1,120 1,700 1,830
Share-based compensation expense 461   200
Loss on sale of or write down of other real estate owned 0   40
Amortization of premium/(discounts) on securities held for sale, net 1,057   804
Net accretion of discounts/premiums for loans acquired and deferred loan fees/costs (2,584)   (371)
Gain on sale of investment securities available for sale (753) 4 (116)
Originations of loans held for sale (18,899)   0
Proceeds from the sales of and principal payments from loans held for sale 22,616   0
Gain on sale of loans (1,906)   0
Deferred income tax benefit (325)   0
Change in accrued expenses and other liabilities, net (5,499)   1,144
Income from bank owned life insurance, net (290)   (279)
Amortization of core deposit intangible 344   314
Change in accrued interest receivable and other assets, net 4,925   (5,248)
Net cash provided by operating activities 9,491   360
CASH FLOWS FROM INVESTING ACTIVITIES      
Net increase in interest-bearing time deposits with financial institutions 0   106,409
Increase in loans, net (138,358)   (275,937)
Principal payments on securities available for sale 9,676   6,851
Purchase of securities available for sale 0   (40,077)
Proceeds from sale or maturity of securities available for sale 192,809   8,771
Proceeds from the sale of premises and equipment 3,294   0
Purchases of premises and equipment (2,177)   (525)
(Purchase) redemption of Federal Reserve Bank stock (465)   506
Purchase of Federal Home Loan Bank of San Francisco stock (3,096)   (11,656)
Cash acquired in acquisitions 40,156   2,961
Net cash provided by (used in) investing activities 101,839   (202,697)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net increase in deposit accounts 74,549   76,322
Change in FHLB advances and other borrowings, net (71,169)   193,491
Proceeds from exercise of stock options and warrants 387   48
Warrants exercised 0   15
Repurchase of common stock 0   (93)
Net cash provided by financing activities 3,767   269,783
Net increase in cash and cash equivalents 115,097   67,446
Cash and cash equivalents, beginning of year 78,417   110,925
Cash and cash equivalents, end of year 193,514 $ 78,417 178,371
SUPPLEMENTAL CASH FLOW DISCLOSURES      
Interest paid 4,182   3,853
Income taxes paid 136   3,700
Assets acquired (liabilities assumed and capital created) in acquisitions (See Note 4):      
Investment securities 190,254   53,752
FHLB and Other Stock 3,671   2,369
Loans 456,158   332,893
Core deposit intangible 4,319   2,903
Deferred income tax 7,069   3,969
Bank owned life insurance 0   11,276
Goodwill 51,252   28,060
Fixed assets 4,356   2,134
Other assets 5,610   1,726
Deposits (636,591)   (336,018)
Other borrowings 0   (33,300)
Other liabilities (8,843)   (1,796)
Common stock and additional paid-in capital $ (119,383)   $ (70,929)