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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income $ 17,495 $ 16,211
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 650 0
Depreciation of premises and equipment 838 827
Net amortization of premium and discount 822 695
Amortization of intangibles 239 248
Share-based compensation 740 669
Tax benefit from stock option exercises and other equity awards 7 207
Income from bank-owned life insurance (649) (515)
Net gains on loan sales and commissions on loans originated for others, including fair value adjustments (2,474) (2,679)
Proceeds from sales of loans 51,673 89,575
Loans originated for sale (46,864) (79,212)
(Increase) decrease in operating lease right-of-use assets 673 0
Increase (decrease) in operating lease liabilities (666) 0
(Increase) decrease in other assets (11,022) (10,973)
Increase (decrease) in other liabilities 9,532 6,483
Net cash provided by (used in) operating activities 20,994 21,536
Cash flows from investing activities:    
Purchases of mortgage-backed securities available for sale (62,109) (40,657)
Purchases of other investment securities available for sale (10,507) (1,064)
Maturities and principal payments of mortgage-backed securities available for sale 19,718 20,100
Maturities and principal payments of other investment securities available for sale 10,000 500
Maturities and principal payments of mortgage-backed securities held to maturity 0 540
Remittance (purchases) of Federal Home Loan Bank stock (1,957) (610)
Net (increase) decrease in loans (54,147) (15,571)
Purchases of loans (161) (1,520)
Purchases of premises and equipment (1,655) (811)
Proceeds from surrender of bank-owned life insurance 326 0
Net cash provided by (used in) investing activities (100,492) (39,093)
Cash flows from financing activities:    
Net increase (decrease) in deposits (19,788) 13,727
Proceeds from Federal Home Loan Bank advances 532,000 515,000
Repayment of Federal Home Loan Bank advances (426,593) (497,679)
Payment of contingent consideration liability 0 (1,217)
Net proceeds from stock option exercises and issuance of other equity awards 116 (456)
Cash dividends paid (8,153) (6,739)
Net cash provided by (used in) financing activities 77,582 22,636
Net increase (decrease) in cash and cash equivalents (1,916) 5,079
Cash and cash equivalents at beginning of period 93,475 82,923
Cash and cash equivalents at end of period 91,559 88,002
Noncash Investing and Financing Activities:    
Loans charged off 103 690
Loans transferred to property acquired through foreclosure or repossession 0 3,074
Operating lease right-of-use assets 28,923 0
Operating lease liabilities 30,853 0
Fair value of debt securities transferred from held-to-maturity to available for sale 10,316 0
Supplemental Disclosures:    
Interest payments 14,082 8,047
Income tax payments $ 1,136 $ 908