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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net income $ 8,259 $ 9,756
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,387 1,499
Accretion of fair value purchase accounting adjustments, net (358) (1,636)
Provision for loan and lease losses 1,006 67
Stock compensation expense 312 201
Deferred income tax expense 948 446
Increase in cash surrender value of bank owned life insurance (455) (370)
Net losses from sale and write downs of other real estate owned 59 151
Net gains from mortgage banking (834) (1,139)
Origination of loans held for sale (30,916) (35,229)
Proceeds from sales of loans held for sale 30,959 40,219
Net (gain) from sale of loans and credit cards (348)  
Net change in:    
Accrued interest receivable (452) (86)
Accrued interest payable 352 367
Other assets (5,244) (1,234)
Other liabilities 5,019 3,078
Net cash provided by operating activities 10,694 16,090
Cash flows from investing activities:    
Proceeds from maturities, calls and paydowns 10,217 16,241
Purchases of securities available-for-sale (257,101) (55,757)
Purchases of securities held-to-maturity (50,575)  
Proceeds from sales of other investments   147
Purchase of other investments (5) (80)
Purchases of bank owned life insurance   (40,000)
Net increase in loans and leases (112,551) (103,308)
Proceeds from sale of fixed assets 1,224  
Purchase of premises and equipment (879) (1,009)
Proceeds from sale of other real estate owned 108 98
Net cash used in investing activities (409,562) (183,668)
Cash flow from financing activities:    
Net increase in deposits 169,591 243,084
Net (decrease) increase in securities sold under agreements to repurchase (872) 1,447
Repayment borrowings (50,000) (4)
Cash dividends paid (1,177) (907)
Issuance of common stock 217 147
Repurchases of common stock   (1,207)
Net cash provided by financing activities 117,759 242,560
Net change in cash and cash equivalents (281,109) 74,982
Cash and cash equivalents, beginning of period 1,045,077 481,719
Cash and cash equivalents, end of period 763,968 556,701
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest 2,112 2,665
Cash paid during the period for income taxes 15  
Cash received from income tax refunds 50  
Noncash investing and financing activities:    
Acquisition of real estate through foreclosure   14
Transfer of securities from available-for-sale to held-to-maturity $ 162,378  
Change in goodwill due to acquisitions and sale of a portfolio of loans   $ 324