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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net earnings $ 11,017 $ 19,110 $ 14,176
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation 6,168 6,062 5,568
Accretion of purchase accounting adjustments (1,235) (2,540) (5,869)
Provision for loan losses 13,900 5,625 3,050
Deferred tax (benefit) expense (1,785) (1,489) 2,828
Amortization of premiums on securities, net 2,815 3,047 4,473
(Accretion) amortization of other investments (1) 3 13
Net loss (gain) on sale of other real estate 1 (1,061) 190
Net write down of other real estate owned 111 91 457
Net (gain) loss on sale/disposal of premises and equipment (24) 182 96
Income recognized from death benefit on bank owned life insurance (160) 0 0
Stock compensation expense 336 442 308
Restricted stock expense 19 0 21
Gain on sale and liquidation of securities available-for-sale (1,243) (128) (234)
Change in accrued interest receivable 41 57 (1)
Change in accrued interest payable (114) (234) (201)
Change in other assets and liabilities, net (661) 591 1,009
Net cash provided by operating activities 29,185 29,758 25,884
Cash flows from investing activities:      
Net change in time deposits in other banks 0 0 881
Proceeds from maturities and calls of securities available-for-sale 70,934 48,464 72,728
Proceeds from maturities and calls of securities held-to-maturity 23,288 14,344 22,946
Proceeds from sale of securities available-for-sale 40,277 22,153 55,879
Purchases of securities available-for-sale (156,449) (1,250) (68,043)
Purchases of securities held-to-maturity 0 (1,104) (26,382)
Proceeds from redemption of other investments 2,180 150 1,600
Proceeds from redemption of other investments (3,377) (580) (3,220)
Redemption of Capital Securities related to MidSouth Statutory Trust I 0 217 0
Proceeds from bank owned life insurance death benefit 498 0 0
Net change in loans 14,480 (147,642) (82,340)
Purchases of premises and equipment (5,374) (5,588) (14,264)
Proceeds from sale of premises and equipment 83 1,729 69
Proceeds from sale of other real estate owned 1,514 3,794 1,215
Purchase of other real estate owned (351) 0 0
Net cash used in investing activities (12,297) (65,313) (38,931)
Cash flows from financing activities:      
Change in deposits (34,285) 66,679 (32,455)
Change in securities sold under agreements to repurchase 23,859 8,182 12,469
Borrowings on Federal Home Loan Bank advances 150,000 120,000 25,000
Repayments of Federal Home Loan Bank advances (150,064) (120,061) (57)
Repayments of notes payable 0 (1,000) (1,000)
Redemption of MidSouth Statutory Trust I 0 (7,217) 0
Proceeds from exercise of stock options 99 643 69
Purchase of treasury stock 0 (9) 0
Payment of dividends on preferred stock (689) (704) (1,519)
Payment of dividends on common stock (4,086) (3,838) (3,320)
Net cash used in financing activities (14,559) 62,696 (795)
Net increase (decrease) in cash and cash equivalents 2,329 27,141 (13,842)
Cash and cash equivalents, beginning of year 86,872 59,731 73,573
Cash and cash equivalents, end of year 89,201 86,872 59,731
Supplemental cash flow information:      
Interest paid 5,695 6,041 6,534
Income taxes paid 6,641 8,065 3,500
Noncash investing and financing activities:      
Change in accrued common stock dividends (10) 121 167
Change in accrued preferred stock dividends (3) (6) (188)
Net change in loan to ESOP (843) (250) 0
Change in unrealized gains/losses on securities available-for-sale, net of tax (2,348) 2,963 (8,265)
Transfer of loans to other real estate 1,228 447 1,053
Financed portion of sales of other real estate 0 84 0
Directors Deferred Compensation Plan      
Cash flows from financing activities:      
Tax benefit 420 0 0
Employee Stock Ownership Plan      
Cash flows from financing activities:      
Tax benefit 187 0 0
Employee stock option      
Cash flows from financing activities:      
Tax benefit 0 21 4
Restricted stock      
Cash flows from financing activities:      
Tax benefit $ 0 $ 0 $ 14