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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 $ 57,330 $ 52,084 $ 46,367
Adjustments to reconcile net income to net cash from operating activities:      
Depreciation 5,119 4,229 3,758
Provision for loan losses 3,000 1,150 0
(Gain) Loss on sale and write down of other real estate owned 12 17 (48)
Amortization of loan servicing rights 599 598 553
Loans originated for sale (54,188) (69,998) (64,346)
Net gain on sales of loans (1,749) (2,047) (1,650)
Proceeds from sale of loans 57,621 68,692 63,601
Net loss on sale of premises and equipment 79 160 7
Net (gain) loss on sales and calls of securities available for sale (32) (66) (42)
Net securities amortization 3,114 2,860 4,464
Stock based compensation expense 5,698 4,210 2,535
Earnings on life insurance (1,768) (1,392) (1,338)
Tax benefit of stock option exercises (964) (669) (148)
Net change:      
Interest receivable and other assets 787 (1,386) (398)
Interest payable and other liabilities 2,584 3,757 2,466
Total adjustments 19,912 10,115 9,414
Net cash from operating activities 77,242 62,199 55,781
Cash flows from investing activities:      
Proceeds from sale of securities available for sale 40,877 12,095 7,787
Proceeds from maturities, calls and principal paydowns of securities available for sale 61,745 69,343 74,679
Purchases of securities available for sale (139,252) (116,196) (91,810)
Purchase of life insurance (580) (3,390) (2,629)
Net increase in total loans (347,217) (391,145) (322,114)
Proceeds from sales of land, premises and equipment 10 28 701
Purchases of land, premises and equipment (9,582) (9,825) (9,167)
Proceeds from redemption of Federal Home Loan Bank Stock 0 0 1,745
Purchase of Federal Home Loan Bank Stock (2,250) (3,854) 0
Proceeds from sales of other real estate owned 199 136 963
Proceeds from life insurance 0 360 738
Net cash from investing activities (396,050) (442,448) (339,107)
Cash flows from financing activities      
Net increase in total deposits 430,743 394,491 310,301
Net increase/(decrease) in short-term borrowings 100,607 (19,577) (55,785)
Proceeds on long-term borrowings 95,000 180,000 70,000
Payments on long-term borrowings (275,002) (70,002) (35,001)
Common dividends paid (21,396) (18,200) (15,697)
Preferred dividends paid (13) (13) (13)
Proceeds (Payments) related to equity incentive plans (1,736) 614 12
Purchase of treasury stock (495) (458) (455)
Net cash from financing activities 327,708 466,855 273,362
Net change in cash and cash equivalents 8,900 86,606 (9,964)
Cash and cash equivalents at beginning of the year 167,280 80,674 90,638
Cash and cash equivalents at end of the year 176,180 167,280 80,674
Cash paid during the year for:      
Interest 29,171 18,567 15,786
Income taxes 29,120 21,613 21,566
Supplemental non-cash disclosures:      
Loans transferred to other real estate owned 88 105 853
Security purchased not settled $ 0 $ 1,459 $ 0