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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 13,852 $ 7,346
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,088 1,908
Accretion of fair value purchase accounting adjustments, net (3,091) (4,205)
Provision for loan losses 1,190 1,305
Stock compensation expense 276 244
(Gains) losses from redemption and sale on securities available-for-sale (33) 1
Deferred income tax expense 1,039 945
Increase in cash surrender value of bank owned life insurance (314) (297)
Loss on disposal of fixed assets 14 41
Net (gains) losses from sale of other real estate owned (16) 372
Net gains from sale of loans (674) (688)
Origination of loans held for sale (33,491) (29,499)
Proceeds from sales of loans held for sale 32,057 25,648
Net change in:    
Accrued interest receivable (612) (250)
Accrued interest payable 454 48
Other assets (593) 2,546
Other liabilities 5,792 (1,324)
Net cash provided by operating activities 17,938 4,141
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from sales of securities available-for-sale 16,515 24,563
Proceeds from maturities and calls of securities available-for-sale 10,305 2,525
Proceeds from paydowns of securities available-for-sale 6,554 7,436
Purchases of securities available-for-sale (1,054) (17,240)
Purchases of other investments (1,406) (1,378)
Net cash and cash equivalents received in business combination 0 5,653
Net increase in loans (55,323) (65,138)
Purchases of premises and equipment (2,011) (992)
Proceeds from sale of other real estate owned 1,100 2,126
Net cash used in investing activities (25,320) (42,445)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in deposits 90,136 75,410
Net decrease in securities sold under agreements to repurchase (3,537) (5,420)
Issuance of common stock 278 1,080
Proceeds from Federal Home Loan Bank advances and other borrowings 120,176 127,040
Repayment of Federal Home Loan Bank advances and other borrowings (115,959) (102,600)
Net cash provided by financing activities 91,094 95,510
NET INCREASE IN CASH AND CASH EQUIVALENTS 83,712 57,206
CASH AND CASH EQUIVALENTS, beginning of period 115,822 113,027
CASH AND CASH EQUIVALENTS, end of period 199,534 170,233
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid during the period for interest 11,993 5,974
Cash paid during the period for income taxes 2,630 713
NONCASH INVESTING AND FINANCING ACTIVITIES    
Change in unrealized (gains) losses on securities available-for-sale (2,664) 2,348
Acquisition of real estate through foreclosure 403 2,351
Financed sales of other real estate owned 0 257
Change in goodwill due to acquisition 0 15,739
Initial recognition of operating lease right-of-use assets 2,344 0
Initial recognition of operating lease liabilities $ 2,344 $ 0