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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating Activities    
Net income $ 17,616 $ 16,026
Adjustments to reconcile net income to net cash provided by operating activities:    
Accretion and amortization 410 361
Provision for loan losses 181 681
Equipment and software related expense 1,270 1,525
Deferred income tax expense 287 2,931
Net periodic employee benefit cost 111 114
Realized investment securities gains 0 (4,276)
Stock-compensation expense 793 780
Excess tax benefit from stock-compensation expense (155) (189)
Proceeds from life insurance 210 1,137
Increase in value of bank-owned life insurance (612) (749)
Loans originated for sale (2,606) (3,951)
Proceeds from the sale of loans originated for sale 2,874 6,118
Gain on sale of loans (79) (167)
Change in accrued interest receivable (305) (236)
Change in other assets (11,128) (131)
Change in other liabilities 3,504 383
Net Cash Provided by Operating Activities 12,371 20,357
Investing Activities    
Proceeds from sales of securities available-for-sale 0 5,576
Proceeds from maturities and calls of securities available-for-sale 21,230 23,390
Proceeds from maturities and calls of securities held-to-maturity 2,142 2,823
Purchases of securities available-for-sale (35,721) (39,747)
Net increase in loans (10,827) (30,826)
Purchases of premises and equipment (1,561) (2,111)
Disposals of premises and equipment 55 1,781
Net Cash (Used in) Investing Activities (24,682) (39,114)
Financing Activities    
Net increase in non-interest-bearing deposits 36,570 42,505
Net increase in interest-bearing deposits 94,758 118,616
Net (decrease) in short-term borrowings (56,844) (61,619)
Proceeds from issuance of common stock 0 28,408
Purchases of treasury stock (13,997) 0
Proceeds from stock option exercises 280 38
Dividends paid (7,186) (6,518)
Net Cash Provided by Financing Activities 53,581 121,430
Increase in Cash and Cash Equivalents 41,270 102,673
Cash and cash equivalents at beginning of period 82,508 88,139
Cash and Cash Equivalents at End of Period $ 123,778 $ 190,812