XML 109 R97.htm IDEA: XBRL DOCUMENT v3.20.4
PARENT COMPANY FINANCIAL INFORMATION (Condensed Statement of Cash Flows) (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Cash Flows From Operating Activities:                    
Net income $ 11,775 $ 10,783 $ 10,811 $ 6,097 $ 7,863 $ 7,683 $ 6,057 $ 8,531 $ 39,466 $ 30,134
Adjustments to reconcile net income to net cash provided by (used in) operating activities:                    
Stock based compensation expense                 3,312 3,067
Net cash used in operating activities                 87,270 38,956
Cash Flows From Financing Activities:                    
Net cash used in investing activities                 (489,035) (1,014,789)
Cash flows from financing activities:                    
Redemption of common stock for tax withholdings for restricted stock vesting                 (881) (89)
Net cash provided by financing activities                 876,850 1,132,103
Net (decrease) increase in cash and cash equivalents                 475,085 156,270
Cash and cash equivalents at the beginning of the period       389,220         389,220  
Cash and cash equivalents at the end of the period 864,305       389,220       864,305 389,220
Parent Company                    
Cash Flows From Operating Activities:                    
Net income                 39,466 30,134
Adjustments to reconcile net income to net cash provided by (used in) operating activities:                    
Undistributed earnings of subsidiary bank                 (42,844) (35,209)
Non-employee stock based compensation                 410 400
Amortization of trust preferred issuance costs                 56 56
Stock based compensation expense                 2,902 2,667
Decrease (increase) in other assets                 (1,084) 274
Increase (decrease) in other liabilities                 154 56
Net cash used in operating activities                 (940) (1,622)
Cash flows from financing activities:                    
Redemption of common stock for tax withholdings for restricted stock vesting                 (881) (89)
Net cash provided by financing activities                 (881) (89)
Net (decrease) increase in cash and cash equivalents                 (1,821) (1,711)
Cash and cash equivalents at the beginning of the period       $ 1,836       $ 3,547 1,836 3,547
Cash and cash equivalents at the end of the period $ 15       $ 1,836       $ 15 $ 1,836