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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash Flows from Operating Activities:    
Net income $ 17,577 $ 13,129
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses (97) 1,090
Depreciation 1,366 1,394
Net accretion of acquisition accounting adjustments (1,002) (1,586)
Core deposit intangible amortization 210 448
Net amortization of securities 1,262 1,417
Net gain on sale or call of securities available for sale (81) (590)
Net unrealized holding gains on equity securities (312) 0
Gain on sale of loans held for sale (1,492) (1,274)
Proceeds from sales of loans held for sale 61,772 67,511
Originations of loans held for sale (60,575) (63,627)
Net (gain) loss on other real estate owned 5 (13)
Valuation allowance on other real estate owned 28 86
Net gain on sale of premises and equipment (66) (337)
Equity based compensation expense 859 775
Earnings on bank owned life insurance (325) (328)
Deferred income tax expense 203 792
Net change in interest receivable (1) 299
Net change in other assets (660) (749)
Net change in interest payable 93 39
Net change in other liabilities 136 (701)
Net cash provided by operating activities 18,900 17,775
Cash Flows from Investing Activities:    
Proceeds from sales of equity securities 431 0
Proceeds from sales of securities 57,607 55,403
Proceeds from maturities, calls and paydowns of securities available for sale 23,561 39,441
Purchases of securities available for sale (66,221) (19,778)
Net change in restricted stock 871 715
Net (increase) decrease in loans 5,600 (129,920)
Proceeds from sale of premises and equipment 233 647
Purchases of premises and equipment (1,322) (2,188)
Proceeds from sales of other real estate owned 808 387
Net cash provided by (used in) investing activities 21,568 (55,293)
Cash Flows from Financing Activities:    
Net change in demand, money market, and savings deposits (1,321) 96,371
Net change in time deposits (10,298) 13,194
Net change in customer repurchase agreements 18,378 4,074
Net change in other short-term borrowings (24,000) (20,000)
Common stock dividends paid (6,522) (6,222)
Proceeds from exercise of stock options 861 114
Net cash provided by (used in) financing activities (22,902) 87,531
Net Increase in Cash and Cash Equivalents 17,566 50,013
Cash and Cash Equivalents at Beginning of Period 52,477 53,207
Cash and Cash Equivalents at End of Period $ 70,043 $ 103,220