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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
NET INCOME $ 19,395 $ 14,934
Adjustments to Reconcile Net Income to Net Cash from Operating Activities:    
Net Amortization on Securities 1,669 1,884
Depreciation and Amortization 2,317 2,227
Loans Originated for Sale (57,304) (53,059)
Proceeds from Sales of Loans Held-for-Sale 64,286 60,430
Provision for Loan Losses 850 1,200
Gain on Sale of Loans, net (1,646) (1,603)
Gain on Securities, net 0 (968)
Loss (Gain) on Sales of Other Real Estate and Repossessed Assets (7) 1
Loss on Disposition and Donation of Premises and Equipment 2 5
Increase in Cash Surrender Value of Company Owned Life Insurance (759) (502)
Equity Based Compensation 637 528
Change in Assets and Liabilities:    
Interest Receivable and Other Assets (196) 5,736
Interest Payable and Other Liabilities (751) (2,307)
Net Cash from Operating Activities 28,493 28,506
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of Other Short-term Investments 0 (1,000)
Proceeds from Maturity of Other Short-term Investments 0 248
Proceeds from Maturities, Calls, Redemptions of Securities Available-for-Sale 40,792 46,809
Proceeds from Sales of Securities Available-for-Sale 0 105,339
Purchase of Securities Available-for-Sale (56,941) (91,368)
Proceeds from Maturities of Securities Held-to-Maturity 0 95
Purchase of Federal Home Loan Bank Stock 0 (1,350)
Purchase of Loans (59) (4,488)
Loans Made to Customers, net of Payments Received (43,297) (74,838)
Proceeds from Sales of Other Real Estate 190 869
Property and Equipment Expenditures (3,302) (1,504)
Acquisition of River Valley Bancorp 0 (793)
Net Cash from Investing Activities (62,617) (21,981)
CASH FLOWS FROM FINANCING ACTIVITIES    
Change in Deposits 13,909 45,673
Change in Short-term Borrowings (18,851) (24,888)
Advances in Long-term Debt 50,000 0
Repayments of Long-term Debt (25,804) (20,096)
Payments for common stock (29)  
Issuance of Common Stock   54
Dividends Paid (5,880) (5,137)
Net Cash from Financing Activities 13,345 (4,394)
Net Change in Cash and Cash Equivalents (20,779) 2,131
Cash and Cash Equivalents at Beginning of Year 64,816 52,009
Cash and Cash Equivalents at End of Period 44,037 54,140
Cash Paid During the Period for    
Interest 4,913 3,901
Income Taxes 7,239 5,133
Supplemental Non Cash Disclosures    
Loans Transferred to Other Real Estate 1,230 10
Reclassification of Land to Other Assets $ 330 $ 0