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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2016
Mar. 31, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Operating Activities            
Net Income $ 9,616 $ 8,646 $ 7,193 $ 18,262 $ 12,804  
Adjustments to reconcile net income to net cash provided by operating activities:            
Provision for credit losses 2,852   254 3,724 700 $ 1,936
Depreciation expense       2,456 1,446  
Purchase accounting accretion, net       (3,073) (182)  
Investment securities amortization, net       1,405 1,049  
Stock-based compensation expense       1,042 410  
Amortization of intangible assets 476   287 952 574  
Net gain on sale of investment securities (4)   0 (4) 0  
Net increase in other real estate owned valuation allowance and (gain) loss on disposition       (152) 216  
Originations of mortgage loans held for sale       (107,026) (13,949)  
Proceeds from the sale of mortgage loans       97,375 12,833  
Gain on sale of mortgage loans       (2,166) (292)  
Decrease (increase) in other assets       6,509 (896)  
Decrease in other liabilities       (2,254) (57)  
Net cash provided by operating activities       17,050 14,656  
Investing Activities            
Proceeds from sales and maturities of available-for-sale securities       65,544 76,042  
Purchase of available-for-sale securities       (98,728) (56,005)  
Purchase of held-to-maturity securities       (9,718) (36,334)  
Net increase in loans       (93,709) (36,747)  
Purchase of bank-owned life insurance, net of death benefit proceeds       (16,122) 0  
Purchase of Federal Home Loan Bank and Federal Reserve Bank stock       (7,341) (10)  
Proceeds from the sale of other real estate owned       633 2,268  
Recoveries of previously charged-off loans       254 285  
Purchase of premises and equipment       (866) (1,117)  
Proceeds from the sale of premises and equipment       90 0  
Net cash used by investing activities       (159,963) (51,618)  
Financing Activities            
Net increase in deposits       47,605 49,085  
Repayments on Federal Home Loan Bank long-term advances       (10,000) (10,038)  
Net increase (decrease) in other borrowed funds       128,071 (2,883)  
Equity Issuance Costs       0 (421)  
Exercise of stock options and issuance of restricted stock, net of repurchase for tax withholdings and tax benefit       377 375  
Cash dividends paid on common stock       (6,185) (4,474)  
Net cash provided by financing activities       159,868 31,644  
Net increase (decrease) in cash and cash equivalents       16,955 (5,318)  
Cash and cash equivalents at beginning of period   $ 79,488   79,488 60,813 60,813
Cash and cash equivalents at end of period $ 96,443   $ 55,495 96,443 55,495 $ 79,488
Supplemental information            
Interest paid       7,800 3,040  
Income taxes paid       103 4,350  
Transfer from loans to other real estate owned       32 1,548  
Held-to-maturity securities purchased but unsettled       0 3,888  
Measurement-period adjustments       $ 960 $ 0