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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
NET INCOME $ 30,338 $ 22,910
Adjustments to Reconcile Net Income to Net Cash from Operating Activities:    
Net Amortization on Securities 1,784 1,793
Depreciation and Amortization 4,073 2,601
Loans Originated for Sale (78,128) (65,071)
Proceeds from Sales of Loans Held-for-Sale 70,003 63,710
Provision for Loan Losses 925 1,570
Gain on Sale of Loans, net (2,011) (1,555)
Gain on Securities, net (671) (344)
Gain on Sales of Other Real Estate and Repossessed Assets 0 (13)
Loss (Gain) on Disposition and Donation of Premises and Equipment 0 (36)
Gain on Disposition of Land (262) 0
Increase in Cash Surrender Value of Company Owned Life Insurance (659) (521)
Equity Based Compensation 621 663
Change in Assets and Liabilities:    
Interest Receivable and Other Assets (14,718) 2,924
Interest Payable and Other Liabilities 1,584 90
Net Cash from Operating Activities 12,879 28,721
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from Maturities of Securities Available-for-Sale 45,980 37,481
Proceeds from Sales of Securities Available-for-Sale 22,274 17,515
Purchase of Securities Available-for-Sale (74,078) (68,923)
Purchase of Loans (521) 0
Proceeds from Sales of Loans 0 6,000
Loans Made to Customers, net of Payments Received 10,335 (66,922)
Proceeds from Sales of Other Real Estate 359 54
Property and Equipment Expenditures (3,172) (8,862)
Proceeds from Sales of Property and Equipment 0 40
Proceeds from Sale of Land 722 0
Proceeds from Life Insurance 1,019 0
Acquire Bank Branches 0 41,392
Net Cash from Investing Activities 2,918 (42,225)
CASH FLOWS FROM FINANCING ACTIVITIES    
Change in Deposits 56,707 (58,239)
Change in Short-term Borrowings (107,456) 89,640
Advances in Long-term Debt 65,000 35,000
Repayments of Long-term Debt (28,098) (45,089)
Dividends Paid (8,493) (6,885)
Net Cash from Financing Activities (22,340) 14,427
Net Change in Cash and Cash Equivalents (6,543) 923
Cash and Cash Equivalents at Beginning of Year 96,550 70,359
Cash and Cash Equivalents at End of Period 90,007 71,282
Cash Paid During the Period for    
Interest 14,891 7,641
Income Taxes 4,525 2,150
Supplemental Non Cash Disclosures    
Loans Transferred to Other Real Estate 708 $ 27
Right of Use Asset Obtained in Exchange for Lease Liabilities $ 9,034