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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating Activities    
Net income $ 6,559 $ 5,842
Adjustments to reconcile net income to cash provided by (used in) operating activities:    
Depreciation and amortization of premises and equipment 2,709 2,937
Recovery of loan losses (1,990) (4,048)
Deferred income taxes 6,228 (17)
Deferred loan fees and costs, net (333) 462
Premium amortization and discount accretion of investment securities, net 2,086 1,797
Net gain on sale of investment securities 0 (754)
Amortization of core deposit premiums 1,074 1,056
Net accretion on acquired loans (5,657) (7,715)
Stock compensation expense 703 721
Increase in cash surrender value of bank-owned life insurance, net (633) (857)
Origination of loans held for sale (72,957) (42,724)
Net proceeds from sale of loans held for sale 72,292 42,716
Net gain on sale of loans held for sale (628) (424)
Mortgage servicing rights capitalized (804) (433)
Mortgage servicing rights amortization 422 306
Net gain on sale of premises and equipment (368) 59
Net loss on sales and write-downs of other real estate owned 1,179 739
Changes in assets and liabilities:    
Decrease (Increase) in accrued interest receivable and other assets (7,148) 740
Increase (Decrease) in accrued interest payable and other liabilities (4,624) 1,144
Net cash provided by (used in) operating activities (1,890) 1,547
Available-for-sale securities:    
Proceeds from sales 0 27,183
Proceeds from maturities, calls and principal repayments 34,641 35,668
Purchases (60,525) 0
Held-to-maturity securities:    
Proceeds from maturities, calls and principal repayments 9,783 6,817
Purchases (20,394) 0
Net increase in loans held for investment (164,005) (101,065)
Proceeds from sales of other real estate owned 4,263 8,629
Purchases of premises and equipment (1,678) (1,692)
Proceeds from sales of premises and equipment 1,754 75
Net cash received in branch acquisition 56,788 0
Net cash used in investing activities (139,373) (24,385)
Financing Activities    
Net increase in deposits (excluding branch deposit acquisition) 43,700 10,225
Increase in retail repurchase agreements 7,677 5,300
Increase (Decrease) in Federal Home Loan Bank advances 22,010 (37)
Net cash provided by financing activities 73,387 15,488
Net Increase (Decrease) in Cash and Cash Equivalents (67,876) (7,350)
Cash and Cash Equivalents at Beginning of Period 95,882 67,430
Cash and Cash Equivalents at End of Period 28,006 60,080
Cash paid during the period for:    
Interest 10,792 6,752
Income taxes, net of refunds 39 0
Noncash transactions:    
Foreclosed loans transferred to other real estate owned 4,199 2,894
Loans to facilitate the sale of other real estate owned 0 1,699
Unrealized securities gains, net of income taxes 1,043 7,584
Transfer of fixed assets to other assets 1,335 2,136
Employee benefit plan costs, net of income taxes (65) 0
Unrealized loss on interest rate swaps, net of income taxes (516) (18)
Assets acquired in branch purchase 59,086 0
Liabilities assumed in branch purchase $ 58,770 $ 0