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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net earnings $ 360 $ 2,491
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 1,205 1,493
Accretion of purchase accounting adjustments 162 2
Provision for loan losses 0 2,800
Deferred tax expense (benefit) 1,614 (222)
Amortization of premiums on securities, net 705 686
Stock-based compensation expense (79) 81
Net excess tax benefit from stock-based compensation 18 333
ESOP compensation expense 10 27
Net gain on sale of investment securities 0 (6)
Proceeds from Sale of Loans Held-for-sale 14,514 0
Net gain on sale of other real estate owned (1) (8)
Net write down of other real estate owned 48 23
Loss on transfer of loans to held for sale 875 0
Net loss (gain) on sale/disposal of premises and equipment 55 (12)
Change in accrued interest receivable 396 60
Change in accrued interest payable (28) (11)
Change in other assets & other liabilities, net (136) 510
Net cash provided by operating activities 19,718 8,247
Cash flows from investing activities:    
Proceeds from maturities and calls of securities available-for-sale 12,272 14,631
Proceeds from maturities and calls of securities held-to-maturity 7,583 5,865
Proceeds from sale of securities available-for-sale 410 6,462
Proceeds from sale of security held-to-maturity 0 887
Purchases of securities available-for-sale (2,000) (36,672)
Purchases of other investments (682) (7)
Net change in loans 44,026 9,687
Purchases of premises and equipment (275) (887)
Proceeds from sale of premises and equipment 224 144
Proceeds from sale of other real estate owned 151 612
Net cash provided by investing activities 61,709 722
Cash flows from financing activities:    
Change in deposits 24,248 (6,486)
Change in securities sold under agreements to repurchase (34,107) (4,654)
Borrowings on Federal Home Loan Bank advances 82,500 0
Repayments of Federal Home Loan Bank advances (95,000) (17)
Proceeds from exercise of stock options 429 266
Payment of dividends on preferred stock (810) (811)
Payment of dividends on common stock (165) (1,024)
Net cash used by financing activities (22,905) (12,726)
Net increase (decrease) in cash and cash equivalents 58,522 (3,757)
Cash and cash equivalents, beginning of period 152,964 82,228
Cash and cash equivalents, end of period 211,486 78,471
Supplemental cash flow information:    
Interest paid 1,654 1,476
Income taxes paid 0 0
Noncash investing and financing activities:    
Transfer of loans to other real estate 0 95
Transfer of loans to held for sale 221 0
Change in accrued common stock dividends 1 1
Change in unrealized gains/losses on securities available-for-sale, net of tax (3,198) 529
Change in unrealized gains on derivative instruments, net of tax 244 8
Net change in loan to ESOP $ 31 $ 109