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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net income $ 26,361 $ 50,517 $ 47,289
Adjustments to reconcile consolidated net income to net cash provided by operating activities:      
Provision (recapture) for credit losses 18,892 2,385 (1,756)
Depreciation expense 3,238 3,203 3,309
Amortization of intangibles 846 894 985
Amortization of premiums on securities 1,836 1,194 1,091
Amortization of lease right-to-use assets 1,517 1,343  
Accretion of lease liabilities 464 534  
Earnings on bank-owned life insurance (2,422) (5,011) (1,815)
Stock-based compensation expense 1,935 2,402 1,601
Deferred income tax provision (3,625) (1,657) (734)
Net gain on sales of assets (755) (652) (660)
Earnings on securities (46) (18) (54)
Change in operating assets and liabilities:      
Loans held for sale (494) (1,185) 1,921
Other assets (11,842) 81 994
Operating lease liabilities (2,046) (1,895)  
Other liabilities 6,502 3,955 (2,850)
Total adjustments 14,000 5,573 2,032
Net cash provided by operating activities 40,361 56,090 49,321
Cash flows from investing activities:      
Purchases of securities (677,813) (651,908) (495,870)
Proceeds from sales, calls and maturities of securities 603,965 625,550 462,842
Principal repayments of securities 71,606 30,726 21,962
Net increase in loans (292,724) (226,817) (147,416)
Net sales of loan participations 125 29,554 10,640
Proceeds from sales of Small Business Administration loans 3,976 4,423 1,972
Net contributions to equity investments (1,942) (3,684) (800)
Redemption (purchases) of bank-owned life insurance 1,965 4,655 (1,700)
Net purchases of premises and equipment (13,565) (2,488) (1,293)
Proceeds from sales of repossessed real estate and other assets   141 1,054
Net decrease in time deposits in other banks     600
Proceeds from insurance claims   108 287
Net cash used in investing activities (304,407) (189,740) (147,722)
Cash flows from financing activities:      
Net increase in noninterest-bearing deposits 291,564 1,803 73,269
Net increase in interest-bearing deposits 157,842 84,303 90,041
Net increase in Federal Home Loan Bank advances   50,000  
Net increase (decrease) in securities sold under agreements to repurchase (485) (2,013) 973
Redemption of trust preferred securities   (1,571) (5,155)
Dividends paid on common stock (9,962) (8,757) (4,979)
Payments to tax authorities for stock-based compensation (198) (239) (171)
Proceeds from exercise of stock options 133 121 294
Repurchase of common stock (8,905) (3)  
Net cash provided by financing activities 429,989 123,644 154,272
Net increase (decrease) in cash, cash equivalents and restricted cash 165,943 (10,006) 55,871
Cash, cash equivalents and restricted cash, beginning 372,064 382,070 326,199
Cash, cash equivalents and restricted cash, ending $ 538,007 $ 372,064 $ 382,070