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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 $ 29,878 $ 25,082
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation 2,412 2,009
Provision for loan losses 700 0
Net (gain) loss on sale and write down of other real estate owned (5) 2
Amortization of loan servicing rights 307 296
Loans originated for sale (40,622) (27,572)
Net gain on sales of loans (859) (814)
Proceeds from sale of loans 42,773 27,391
Net (gain) loss on sales of premises and equipment (5) 10
Net gain on sales and calls of securities available for sale (52) (52)
Net securities amortization 1,407 1,420
Stock based compensation expense 2,819 1,796
Earnings on life insurance (873) (662)
Tax benefit of stock option exercises (932) (482)
Net change:    
Interest receivable and other assets 1,784 (2,259)
Interest payable and other liabilities (2,804) 8,613
Total adjustments 6,050 9,696
Net cash from operating activities 35,928 34,778
Cash flows from investing activities:    
Proceeds from sale of securities available for sale 35,845 6,929
Proceeds from maturities, calls and principal paydowns of securities available for sale 30,837 35,591
Purchases of securities available for sale (90,140) (53,766)
Purchase of life insurance (490) (338)
Net increase in total loans (106,011) (117,495)
Proceeds from sales of land, premises and equipment 7 6
Purchases of land, premises and equipment (6,814) (4,485)
Purchase of Federal Home Loan Bank Stock 0 (704)
Proceeds from sales of other real estate 42 31
Net cash from investing activities (136,724) (134,231)
Cash flows from financing activities:    
Net increase in total deposits 38,027 220,034
Net increase (decrease) in short-term borrowings 45,143 (83,254)
Payments on long-term borrowings (2) (2)
Common dividends paid (10,311) (8,754)
Preferred dividends paid (13) (13)
Payments related to equity incentive plans (1,736) (143)
Purchase of treasury stock (256) (226)
Net cash from financing activities 70,852 127,642
Net change in cash and cash equivalents (29,944) 28,189
Cash and cash equivalents at beginning of the period 167,280 80,674
Cash and cash equivalents at end of the period 137,336 108,863
Cash paid during the period for:    
Interest 13,936 9,080
Income taxes 11,513 8,750
Supplemental non-cash disclosures:    
Loans transferred to other real estate owned 79 64
Securities purchases payable $ 0 $ 3,885