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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Operating Activities      
Net Income $ 12,820 $ 10,076  
Adjustments to reconcile net income to net cash provided by operating activities:      
(Credit) provision for credit losses (497) 579 $ 3,035
Depreciation and amortization expense 940 916  
Purchase accounting accretion, net (514) (748)  
Investment securities amortization and accretion, net 763 786  
Stock-based compensation expense 431 366  
Amortization of intangible assets 181 472  
Net increase in other real estate owned valuation allowance and gain on disposition 0 27  
Originations of mortgage loans held for sale (46,641) (33,629)  
Proceeds from the sale of mortgage loans 46,426 44,320  
Gain on sale of mortgage loans, net of origination costs (1,220) (1,280)  
(Increase) decrease in other assets (2,850) 3,283  
Increase (decrease) in other liabilities 7,218 (20)  
Net cash provided by operating activities 17,057 25,094  
Investing Activities      
Proceeds from maturities of held-to-maturity securities 750 0  
Proceeds from the sale and maturity of available-for-sale securities 29,531 32,557  
Purchase of available-for-sale securities (50,152) (77,286)  
Net increase in loans (7,008) (50,049)  
Purchase of Federal Home Loan Bank stock (2,815) (2,143)  
Proceeds from sale of Federal Home Loan Bank and Federal Reserve Bank stock 3,472 0  
Proceeds from the sale of other real estate owned 0 329  
Recoveries of previously charged-off loans 122 183  
Proceeds from the liquidation of equity investment 205 0  
Purchase of premises and equipment (595) (264)  
Proceeds from the sale of premises and equipment 0 137  
Net cash used by investing activities (26,490) (96,536)  
Financing Activities      
Net increase in deposits 25,126 108,736  
Net proceeds from (repayments of ) borrowings less than 90 days 10,816 (37,779)  
Repayments of wholesale repurchase agreements 0 (5,000)  
Exercise of stock options and issuance of restricted stock, net of repurchase for tax withholdings (475) (552)  
Cash dividends paid on common stock 3,896 3,575  
Net cash provided by financing activities 31,571 61,830  
Net increase (decrease) in cash, cash equivalents and restricted cash 22,138 (9,612)  
Cash, cash equivalents, and restricted cash at beginning of period 102,971 87,707 87,707
Cash, cash equivalents and restricted cash at end of period 125,109 78,095 $ 102,971
Supplemental information      
Interest paid 6,384 4,549  
Income taxes paid $ 69 $ 57