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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 12,918 $ 10,550  
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 1,235 1,021  
Provision for loan/lease losses 2,134 2,540  
Stock-based compensation expense 722 495  
Deferred compensation expense accrued 733 512  
Losses (gains) on other real estate owned, net 224 118  
Amortization of premiums on securities, net 448 439  
Loans originated for sale (18,034) (12,939)  
Proceeds on sales of loans 17,735 13,764  
Gains on sales of residential real estate loans (369) (101)  
Gains on sales of government guaranteed portions of loans (31) (358)  
Gains on sales of premises and equipment (47)    
Amortization of core deposit intangible 532 305  
Accretion of acquisition fair value adjustments, net (1,069) (699)  
Increase in cash value of bank-owned life insurance (540) (418)  
Decrease (increase) in other assets 1,121 (4,438)  
Decrease in other liabilities (9,110) (2,888)  
Net cash provided by operating activities 8,602 7,903  
CASH FLOWS FROM INVESTING ACTIVITIES      
Net decrease in federal funds sold 24,526 15,692  
Net decrease (increase) in interest-bearing deposits at financial institutions (80,962) 10,714  
Proceeds from sales of other real estate owned 202 736  
Activity in securities portfolio:      
Purchases (4,079) (7,100)  
Calls, maturities and redemptions 4,510 4,540  
Paydowns 10,426 9,085  
Activity in restricted investment securities:      
Purchases (3,110) (4,451)  
Redemptions 5,895 1,820  
Net increase in loans/leases originated and held for investment (65,777) (90,378)  
Purchase of premises and equipment (3,970) (704)  
Proceeds from sales of premises and equipment 117    
Net cash used in investing activities (112,222) (60,046)  
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net increase in deposit accounts 217,257 13,377  
Net increase (decrease) in short-term borrowings (12,888) 2,867  
Activity in Federal Home Loan Bank advances:      
Term advances 5,000    
Calls and maturities (15,000)    
Net change in short-term and overnight advances (130,365) 24,345  
Activity in other borrowings:      
Calls, maturities and scheduled principal payments (1,937) (1,938)  
Prepayments (21,313)    
Paydown of revolving line of credit (9,000)    
Proceeds from subordinated notes 63,393    
Payment of cash dividends on common stock (939) (693)  
Proceeds from issuance of common stock, net 416 309  
Net cash provided by financing activities 94,624 38,267  
Net decrease in cash and due from banks (8,996) (13,876)  
Cash and due from banks, beginning 85,523 75,722 $ 75,722
Cash and due from banks, ending 76,527 61,846 $ 85,523
Supplemental disclosure of cash flow information, cash payments (receipts) for:      
Interest 14,146 3,655  
Income/franchise taxes (590) 75  
Supplemental schedule of noncash investing activities:      
Change in accumulated other comprehensive income, unrealized gains on securities available for sale and derivative instruments, net 2,344 (3,202)  
Exchange of shares of common stock in connection with payroll taxes for restricted stock and in connection with stock options exercised (152) (178)  
Transfers of loans to other real estate owned 158 46  
Increase in the fair value of back-to-back interest rate swap assets and liabilities 942 834  
Dividends payable $ 13,882 103  
Transfer of equity securities from securities available for sale to other assets at fair value   $ 2,614