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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities      
Net income $ 14,819 $ 12,174 $ 12,446
Adjustments to reconcile net income to net cash from operating activities      
Depreciation 1,720 1,934 1,695
Provision for loan losses 2,499 1,748 326
Amortization (accretion), net 1,586 2,624 462
Writedowns (gains) on other real estate owned, net 874 689 1,063
Stock compensation expense 217 178 204
Loans originated for sale 0 0 (1,679)
Secondary market loans sold 0 0 1,941
Secondary market mortgage income 0 0 (38)
Gain on the disposition of securities available for sale 0 (4) 0
Changes in:      
Interest receivable (181) (102) 57
Deferred income taxes 797 (223) 621
Other assets (1,047) (67) (48)
Interest payable 29 (44) (113)
Other liabilities (922) (938) (105)
Net cash from operating activities 20,391 17,969 16,832
Cash flows from investing activities      
Net change on time deposits with other banks (250) 2,141 0
Purchases of securities available for sale (57,223) (44,835) (95,606)
Proceeds from maturities and calls of securities available for sale 65,794 82,332 66,927
Proceeds from the sale of securities available for sale 0 47 0
Purchase of FHLB stock 0 0 (76)
Redemption of FHLB stock 15 210 0
Acquisition of subsidiary, net of cash received 0 11,912 0
Net change in loans (36,792) (43,868) 24,552
Purchases of premises and equipment, net (1,382) (478) (912)
Improvements to OREO property 0 0 (29)
Proceeds from sales of other real estate owned 4,577 1,636 4,672
Net cash from investing activities (25,261) 9,097 (472)
Cash flows from financing activities      
Net change in deposits (6,735) 14,048 (14,863)
Net change in agreements to repurchase securities (510) (42) 6,114
Repayment of other borrowed funds (3,859) (2,433) (16,376)
Repayment of other FHLB advances 0 (1,262) 0
Proceeds from other borrowings 0 0 15,946
Proceeds from stock option exercises 317 751 222
Purchase of warrant 0 0 (5,675)
Cash in lieu of fractional shares 0 (16) 0
Common stock dividends paid (6,398) (5,933) (4,573)
Net cash from financing activities (17,185) 5,113 (19,205)
Net change in cash and cash equivalents (22,055) 32,179 (2,845)
Cash and cash equivalents at beginning of year 104,718 72,539 75,384
Cash and cash equivalents at end of year 82,663 104,718 72,539
Cash paid during year for -      
Interest 4,473 4,686 4,144
Income taxes paid, net 8,555 7,123 5,946
Non-cash transactions      
Loans transferred to real estate acquired through foreclosure 12,681 1,950 5,778
Amount transferred from accumulated other comprehensive income to retained earnings related to changes in future income tax rates 367 0 0
Common stock issued to acquire Bankshares $ 0 $ 22,041 $ 0