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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating activities    
Net income $ 6,202 $ 6,084
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for loan losses 492 1,187
Depreciation and amortization of property, plant, and equipment 874 937
Amortization of premiums on investments, net 83 898
Amortization of FDIC indemnification asset, net 1,332 1,159
Amortization of intangibles 261 278
Accretion on acquired loans (1,134) (1,447)
Equity-based compensation expense 57 7
Restricted stock awards 280 240
Issuance of treasury stock to 401(k) plan 142 142
Loss on sale of property, plant, and equipment, net 3 360
Loss on sale of other real estate 233 660
Gain on sale of securities (1)
Decrease in accrued interest receivable 494 39
Decrease in other operating activities 1,369 641
Net cash provided by operating activities 10,688 11,184
Investing activities    
Proceeds from sale of securities available for sale 16,074
Proceeds from maturities, prepayments, and calls of securities available for sale 7,503 10,027
Proceeds from (originations of) loans, net 17,945 (57,398)
Proceeds from (payments for) FHLB stock, net 57 (661)
Proceeds from the FDIC 818 1,187
(Payments to acquire) proceeds from sale of property, plant, and equipment, net (849) 659
Proceeds from sale of other real estate 806 2,650
Net cash provided by (used in) investing activities 26,280 (27,462)
Financing activities    
Increase in noninterest-bearing deposits, net 39,972 1,825
Increase (decrease) in interest-bearing deposits, net 25,284 (419)
Increase in federal funds purchased 18,000
Repayments of securities sold under agreements to repurchase, net (7,352) (3,953)
Repayments of FHLB and other borrowings, net (15,464)
Proceeds from stock options exercised 19
Payments for repurchase of treasury stock (164) (8,867)
Payments of common dividends (2,719) (2,508)
Net cash provided by financing activities 39,576 4,078
Net increase (decrease) in cash and cash equivalents 76,544 (12,200)
Cash and cash equivalents at beginning of period 76,307 51,787
Cash and cash equivalents at end of period 152,851 39,587
Supplemental disclosure -- cash flow information    
Cash paid for interest 2,200 2,471
Cash paid for income taxes
Supplemental transactions -- noncash items    
Transfer of loans to other real estate 372 1,996
Loans originated to finance other real estate