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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net income $ 28,593 $ 43,022 $ 34,790
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 10,874 10,037 6,745
Accretion of fair value purchase accounting adjustments, net   (2,158) (4,511)
Amortization of intangible assets 2,624 2,607 2,256
Provision for Loan and Lease Losses   4,018 1,633
Provision for credit losses, post ASU 2019-04 3,029    
Stock compensation expense 1,349 1,300 693
Gain (loss) on sale of securities available-for-sale 6,801 (144) (45)
Deferred income tax expense (benefit) 1,309 (555) 643
Increase in cash surrender value of bank owned life insurance (1,964) (1,851) (1,714)
Net losses from sale and write-downs of other real estate owned 78 82 160
Net gains from mortgage banking (1,040) (1,552) (4,040)
Origination of loans held for sale (45,891) (49,258) (126,493)
Proceeds from sales of loans held for sale 44,265 54,161 137,151
Net (gain) from sale of loans and credit cards     (478)
Net (gain) loss from sale of fixed assets 19 (244)  
Net change in:      
Accrued interest receivable (2,989) (4,242) 809
Accrued interest payable 2,520 (24) (613)
Other assets (1,732) (25,424) (8,717)
Other liabilities (8,129) 27,018 7,913
Net cash provided by operating activities 39,716 56,793 46,182
Cash flows from investing activities:      
Proceeds from sales 152,775 37,390 16,771
Proceeds from maturities, calls and paydowns 56,273 39,614 132,711
Purchases (130,584) (297,334) (433,750)
Proceeds from maturities, calls and paydowns 2,494 1,937  
Purchases   (50,575) (2,446)
Proceeds from sales of other investments 2,812 1,054 436
Purchases of other investments (944) (91) (1,602)
Purchases of bank owned life insurance     (40,000)
Proceeds from bank owned life insurance benefits     427
Net increase in loans and leases (213,591) (558,387) (37,105)
Proceeds from sale of fixed assets 682 1,460  
Proceeds received from dissolved derivative instrument   940  
Purchases of premises and equipment (6,270) (12,487) (2,377)
Proceeds from sale of other real estate owned 1,113 542 2,833
Proceeds received from sale of loans     83,745
Net cash (paid) received from business combinations   (4,881) 15,364
Net cash used by investing activities (135,240) (840,818) (264,993)
Cash flows from financing activities:      
Net increase in deposits 190,887 55,630 781,315
Net increase (decrease) in securities sold under agreements to repurchase 303 (310) (1,514)
Proceeds from borrowings 26,275 30,885 8,201
Repayment of borrowings (30,775) (76,300) (1,097)
Cash dividends paid (5,427) (4,724) (3,728)
Issuance of common stock, net of restricted shares withheld for taxes 108 191 200
Repurchases of common stock     (1,208)
Net cash provided by financing activities 181,371 5,372 782,169
Net change in cash and cash equivalents 85,847 (778,653) 563,358
Cash and cash equivalents, beginning of period 266,424 1,045,077 481,719
Cash and cash equivalents, end of period 352,271 266,424 1,045,077
Supplemental disclosures of cash flow information:      
Cash paid during the period for interest 85,443 21,356 12,156
Net cash paid during the period for income taxes 9,347 12,205 9,283
Noncash investing and financing activities:      
Recognition of operating lease assets in exchange for lease liabilities 1,751 53 4,550
Acquisition of real estate through foreclosure $ 272 281 628
Transfer of securities from available-for-sale to held-to-maturity   162,378 74,633
Change in goodwill due to acquisition   $ 4,580 $ 17,430