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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
NET INCOME $ 25,119 $ 22,352
Adjustments to Reconcile Net Income to Net Cash from Operating Activities:    
Net Amortization on Securities 2,794 1,869
Depreciation and Amortization 3,366 3,254
Loans Originated for Sale (95,244) (111,296)
Proceeds from Sales of Loans Held-for-Sale 95,765 113,472
Provision for Loan Losses 1,200 0
Gain on Sale of Loans, net (2,607) (2,364)
Gain on Securities, net (1,426) (725)
Loss (Gain) on Sales of Other Real Estate and Repossessed Assets (95) 53
Loss on Disposition and Donation of Premises and Equipment 5 389
Increase in Cash Surrender Value of Company Owned Life Insurance (769) (454)
Equity Based Compensation 796 737
Change in Assets and Liabilities:    
Interest Receivable and Other Assets 4,805 2,278
Interest Payable and Other Liabilities (911) (412)
Net Cash from Operating Activities 32,798 29,153
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of Other Short-term Investments (1,000) 0
Proceeds from Maturity of Other Short-term Investments 1,248 0
Proceeds from Maturities, Calls, Redemptions of Securities Available-for-Sale 74,179 71,026
Proceeds from Sales of Securities Available-for-Sale 141,451 18,999
Purchase of Securities Available-for-Sale (166,857) (82,711)
Proceeds from Maturities of Securities Held-to-Maturity 95 89
Purchase of Federal Home Loan Bank Stock (1,350) (1,127)
Purchase of Loans (5,608) (1,852)
Proceeds from Sales of Loans 1,063 0
Loans Made to Customers, net of Payments Received (116,801) (64,708)
Proceeds from Sales of Other Real Estate 1,071 983
Property and Equipment Expenditures (2,855) (886)
Acquisition of River Valley Bancorp (793) 0
Net Cash from Investing Activities (76,157) (60,187)
CASH FLOWS FROM FINANCING ACTIVITIES    
Change in Deposits 98,036 24,085
Change in Short-term Borrowings (19,189) (1,993)
Advances in Long-term Debt 0 75,000
Repayments of Long-term Debt (24,883) (40,111)
Issuance of Common Stock 54 52
Employee Stock Purchase Plan 0 447
Dividends Paid (7,884) (6,754)
Net Cash from Financing Activities 46,134 50,726
Net Change in Cash and Cash Equivalents 2,775 19,692
Cash and Cash Equivalents at Beginning of Year 52,009 42,446
Cash and Cash Equivalents at End of Period 54,784 62,138
Cash Paid During the Year for    
Interest 6,201 4,610
Income Taxes 7,064 6,219
Supplemental Non Cash Disclosures    
Loans Transferred to Other Real Estate $ 55 $ 804