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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income $ 40,676 $ 35,184 $ 30,064
Adjustments to Reconcile Net Income to Net Cash from Operating Activities:      
Net Amortization on Securities 3,543 3,675 2,548
Depreciation and Amortization 4,687 4,315 4,264
Loans Originated for Sale (122,518) (138,192) (137,687)
Proceeds from Sales of Loans Held-for-Sale 134,316 137,307 136,088
Provision for Loan Losses 1,750 1,200 0
Gain on Sale of Loans, net (3,280) (3,359) (2,959)
Gain on Securities, net (596) (1,979) (725)
Loss (Gain) on Sales of Other Real Estate and Repossessed Assets (17) (55) 63
Loss on Disposition and Donation of Premises and Equipment 870 5 389
Post Retirement Medical Benefit (34) 7 15
Increase in Cash Surrender Value of Company Owned Life Insurance (1,370) (1,068) (689)
Equity Based Compensation 1,246 1,407 963
Excess Tax Benefit from Restricted Share Grant 240 200 89
Change in Assets and Liabilities:      
Interest Receivable and Other Assets (4,528) 5,813 172
Interest Payable and Other Liabilities (110) (2,547) (1,328)
Net Cash from Operating Activities 54,875 41,913 31,267
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchase of Other Short-term Investments 0 (1,000) 0
Proceeds from Maturity of Other Short-term Investments 0 1,992 100
Proceeds from Maturities, Calls, Redemptions of Securities Available-for-Sale 79,955 103,301 90,702
Proceeds from Sales of Securities Available-for-Sale 49,459 165,102 18,999
Purchase of Securities Available-for-Sale (156,802) (225,456) (116,942)
Proceeds from Maturities of Securities Held-to-Maturity 0 95 89
Purchase of Federal Home Loan Bank Stock 0 (1,350) (2,395)
Proceeds from Redemption of Federal Home Loan Bank Stock 0 0 864
Purchase of Loans (5,547) (5,383) (9,895)
Proceeds from Sales of Loans 1,106 2,029 0
Loans Made to Customers, net of Payments Received (149,336) (106,198) (108,007)
Proceeds from Sales of Other Real Estate 1,435 1,429 1,170
Property and Equipment Expenditures (11,183) (5,234) (1,614)
Proceeds from Sales of Property and Equipment 6 0 0
Proceeds from Life Insurance 1,627 0 0
Acquisition of River Valley Bancorp 0 (1,016) 0
Net Cash from Investing Activities (189,280) (71,689) (126,929)
CASH FLOWS FROM FINANCING ACTIVITIES      
Change in Deposits 134,737 118,231 46,630
Change in Short-term Borrowings (4,054) (40,163) 36,244
Advances in Long-term Debt 75,000   75,000
Repayments of Long-term Debt (53,864) (24,910) (44,135)
Issuance (Retirement) of Common Stock (29) 55 49
Employee Stock Purchase Plan     447
Dividends Paid (11,842) (10,630) (9,010)
Net Cash from Financing Activities 139,948 42,583 105,225
Net Change in Cash and Cash Equivalents 5,543 12,807 9,563
Cash and Cash Equivalents at Beginning of Year 64,816 52,009 42,446
Cash and Cash Equivalents at End of Year 70,359 64,816 52,009
Cash Paid During the Year for      
Interest 10,852 8,348 6,146
Income Taxes 12,462 9,254 9,083
Supplemental Non Cash Disclosures (See Note 18 for Business Combinations)      
Loans Transferred to Other Real Estate 1,230 565 1,046
Reclassification of Land to Other Assets $ 330 $ 664 $ 0