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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net Income $ 5,226 $ 4,724
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 1,500 1,200
Depreciation and (accretion) amortization (1,647) 294
Net amortization on securities 2,320 1,685
Increase in cash surrender value of bank owned life insurance (478) (141)
Amortization of core deposit intangible 93 154
Share based compensation expense 752 593
Net securities losses 10 1,128
Increase in accrued interest receivable (2,157) (777)
Increase in other assets (7,123) (5,811)
Increase in accrued expenses and other liabilities 2,830 4,820
Net cash provided by operating activities 1,326 7,869
Cash flows from investing activities:    
Purchases of securities available for sale (90,479) (208,973)
Purchases of securities, restricted (190,472) (266,592)
Purchases of securities held to maturity (10,175) (30,936)
Proceeds from sales of securities available for sale 73,788 234,749
Redemption of securities, restricted 190,102 265,536
Maturities, calls and principal payments of securities available for sale 61,736 36,510
Maturities, calls and principal payments of securities held to maturity 10,392 26,763
Net increase in loans (190,049) (100,777)
Proceeds from loan sale 1,861  
Proceeds from sales of other real estate owned, net   2,242
Purchase of premises and equipment (2,668) (2,321)
Net cash acquired in business combination 24,628 2,926
Net cash used in investing activities (121,336) (40,873)
Cash flows from financing activities:    
Net increase in deposits 163,095 42,339
Net (decrease) increase in federal funds purchased (5,000) 6,000
Net increase (decrease) increase in FHLB advances 1,500 9,000
Repayment of acquired unsecured debt   (1,450)
Net (decrease) increase in repurchase agreements (9,690) 22
Net proceeds from issuance of common stock 349 310
Net proceeds from exercise of stock options 80 7
Repurchase of surrendered stock from vesting of restricted stock awards (212) (147)
Excess tax benefit from share based compensation 48 30
Cash dividends paid (5,392) (5,287)
Other, net (303) (192)
Net cash provided by financing activities 144,475 50,632
Net increase in cash and cash equivalents 24,465 17,628
Cash and cash equivalents at beginning of period 51,730 45,573
Cash and cash equivalents at end of period 76,195 63,201
Cash paid for:    
Interest 3,707 3,656
Income tax 4,335 883
Noncash investing and financing activities:    
Securities which settled in the subsequent period   5,372
Transfers from portfolio loans to OREO   577
Acquisition of noncash assets and liabilities:    
Fair value of assets acquired 875,482 209,022
Fair value of liabilities assumed $ 828,081 $ 213,224