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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash Flows from Operating Activities:    
Net income $ 13,129 $ 12,179
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 1,090 200
Depreciation 1,394 1,409
Net accretion of acquisition accounting adjustments (1,586) (1,709)
Core deposit intangible amortization 448 789
Net amortization of securities 1,417 2,034
Net gains on sale or call of securities (590) (661)
Gain on sale of loans held for sale (1,274) (906)
Proceeds from sales of loans held for sale 67,511 53,266
Originations of loans held for sale (63,627) (53,870)
Net (gain) loss on other real estate owned (13) 72
Valuation allowance on other real estate owned 86 156
Net (gain) loss on sale of premises and equipment (337) 9
Equity based compensation expense 775 623
Earnings on bank owned life insurance (328) (340)
Deferred income tax expense (benefit) 792 (1,596)
Net change in interest receivable 299 (458)
Net change in other assets (749) (211)
Net change in interest payable 39 (18)
Net change in other liabilities (701) 156
Net cash provided by operating activities 17,775 11,124
Cash Flows from Investing Activities:    
Proceeds from sales of securities available for sale 55,403 9,317
Proceeds from maturities, calls and paydowns of securities available for sale 39,441 116,254
Purchases of securities available for sale (19,778) (137,314)
Net change in restricted stock 715 (694)
Net increase in loans (129,920) (76,015)
Proceeds from sale of premises and equipment 647 1
Purchases of premises and equipment (2,188) (536)
Proceeds from sales of other real estate owned 387 908
Net cash used in investing activities (55,293) (88,079)
Cash Flows from Financing Activities:    
Net change in demand, money market, and savings deposits 96,371 46,367
Net change in time deposits 13,194 (3,019)
Net change in customer repurchase agreements 4,074 3,479
Net change in other short-term borrowings (20,000) 15,000
Common stock dividends paid (6,222) (6,201)
Repurchase of common stock 0 (1,292)
Proceeds from exercise of stock options 114 101
Net cash provided by financing activities 87,531 54,435
Net Increase (Decrease) in Cash and Cash Equivalents 50,013 (22,520)
Cash and Cash Equivalents at Beginning of Period 53,207 95,337
Cash and Cash Equivalents at End of Period $ 103,220 $ 72,817