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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net loss $ (8,733) $ (308)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 3,772 4,165
Provision for loan losses 12,359 440
Deferred tax expense 0 8
ESOP and stock-based compensation expense 43 (44)
Net gain on sale of investment securities (575) 0
Gain on sale of loans held for sale (1,274) 0
Proceeds from sale of loans held for sale 20,656 15,623
Net loss on sale of other real estate owned 37 1
Net write down of other real estate owned 116 146
Loss on transfer of loans to held for sale 0 883
Net loss on sale/disposal of premises and equipment 191 67
Change in other assets (6,735) (2,523)
Change in other liabilities 7,152 4,402
Net cash provided by operating activities 27,009 22,860
Cash flows from investing activities:    
Proceeds from maturities and calls of securities available-for-sale 32,759 24,297
Proceeds from maturities and calls of securities held-to-maturity 4,504 12,875
Proceeds from sale of securities available-for-sale 56,286 410
Purchases of securities available-for-sale (67,114) (32,532)
Purchases of other investments (1,647) (703)
Net change in loans 12,278 121,129
Purchases of premises and equipment (1,303) (693)
Proceeds from sale of premises and equipment 181 481
Proceeds from sale of other real estate owned 527 504
Net cash provided by investing activities 36,471 125,768
Cash flows from financing activities:    
Change in deposits (28,682) 43,331
Change in securities sold under agreements to repurchase (5,764) (52,247)
Borrowings from FHLB 110,000 165,000
Repayments to FHLB (110,000) (177,500)
Proceeds from exercise of stock options 0 551
Payment of dividends on preferred stock (1,620) (1,621)
Payment of dividends on common stock (333) (330)
Net cash used by financing activities (36,399) (22,816)
Net increase in cash and cash equivalents 27,081 125,812
Cash and cash equivalents, beginning of period 205,371 152,964
Cash and cash equivalents, end of period 232,452 278,776
Supplemental cash flow information:    
Interest paid 4,065 3,482
Noncash investing and financing activities:    
Transfer of loans to held for sale $ 5,810 $ 221