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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net (loss) income $ (5,830) $ 360
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 1,956 2,072
Provision for loan losses 7,600 0
Deferred tax expense 0 1,614
ESOP and stock-based compensation expense 140 (51)
Net gain on sale of investment securities (373) 0
Gain on sale of loans held for sale (1,274) 0
Proceeds from sale of loans held for sale 19,273 14,514
Net loss (gain) on sale of other real estate owned 24 (1)
Net write down of other real estate owned 27 48
Loss on transfer of loans to held for sale 0 875
Net loss on sale/disposal of premises and equipment 135 55
Change in other assets (5,940) (1,831)
Change in other liabilities 8,177 2,063
Net cash provided by operating activities 23,915 19,718
Cash flows from investing activities:    
Proceeds from maturities and calls of securities available-for-sale 13,374 12,272
Proceeds from maturities and calls of securities held-to-maturity 2,619 7,583
Proceeds from sale of securities available-for-sale 32,352 410
Purchases of securities available-for-sale (36,763) (2,000)
Purchases of other investments (469) (682)
Net change in loans 10,250 44,026
Purchases of premises and equipment (1,186) (275)
Proceeds from sale of premises and equipment 279 224
Proceeds from sale of other real estate owned 352 151
Net cash provided by investing activities 20,808 61,709
Cash flows from financing activities:    
Change in deposits (6,436) 24,248
Change in securities sold under agreements to repurchase 748 (34,107)
Borrowings from FHLB 55,000 82,500
Repayments to FHLB (55,000) (95,000)
Proceeds from exercise of stock options 0 429
Payment of dividends on preferred stock (810) (810)
Payment of dividends on common stock (166) (165)
Net cash used by financing activities (6,664) (22,905)
Net increase in cash and cash equivalents 38,059 58,522
Cash and cash equivalents, beginning of period 205,371 152,964
Cash and cash equivalents, end of period 243,430 211,486
Supplemental cash flow information:    
Interest paid 2,073 1,654
Noncash investing and financing activities:    
Transfer of loans to held for sale $ 0 $ 221