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Note 23 - Supplemental Cash Flow Information
12 Months Ended
Dec. 31, 2021
Notes to Financial Statements  
Cash Flow, Supplemental Disclosures [Text Block]

Note 23 – Supplemental Cash Flow Information

 

(dollars in thousands)

 

As of or for the Year Ended December 31,

 
  

2021

  

2020

  

2019

 

Supplemental Schedule of Cash and Cash Equivalents:

            

Cash and due from banks

 $23,095  $30,767  $32,505 

Interest-bearing deposits in other banks

  487,773   343,603   47,077 
  $510,868  $374,370  $79,582 
             

Supplemental Disclosure of Cash Flow Information:

            

Cash paid for:

            

Interest on deposits and borrowed funds

 $5,791  $12,455  $15,310 

Income taxes

  3,102   7,609   4,698 

Noncash investing and financing activities:

            

Transfer of loans to other real estate owned

     95   234 

Transfer of loans to repossessions

     411    

Transfer from premises and equipment to other assets

  1,316      445 

Increase (decrease) in operating lease right-of-use asset

  (21)  371   4,453 

Increase (decrease) in operating lease liabilities

  (21)  371   4,453 

Unrealized gains (losses) on securities available for sale

  (12,271)  6,399   8,821 

Unrealized gains (losses) on cash flow hedges

  2,068   (2,210)  (1,854)

Change in unfunded pension liability

  590   (413)  (64)
             

Non-cash transactions related to acquisitions:

            
             

Assets acquired:

            

Investment securities

        34,876 

Restricted stock

        2,588 

Loans

        444,324 

Premises and equipment

        12,554 

Deferred income taxes

        2,960 

Core deposit intangible

        8,200 

Other real estate owned

        1,442 

Bank owned life insurance

        8,246 

Other assets

        14,244 
             

Liabilities assumed:

            

Deposits

        483,626 

Short-term FHLB advances

        14,883 

Long-term FHLB advances

        778 

Subordinated debt

        7,530 

Other liabilities

        5,780 
             

Consideration:

            

Issuance of common stock

        82,470 

Fair value of replacement stock options/restricted stock

        753