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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES          
Net income     $ 26,422 $ 20,995  
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation     2,518 2,075  
Provision for loan/lease losses $ 1,941 $ 2,301 4,075 4,841  
Stock-based compensation expense     1,441 787  
Deferred compensation expense accrued     1,323 1,004  
Losses on other real estate owned, net     1,214 118  
Amortization of premiums on securities, net     854 829  
Securities losses, net     52    
Loans originated for sale     (45,926) (21,899)  
Proceeds on sales of loans     43,969 22,072  
Gains on sales of residential real estate loans (489) (102) (858) (203)  
Gains on sales of government guaranteed portions of loans (39)   (70) (358)  
Gains on sales of premises and equipment     (67)    
Amortization of intangibles 615 305 1,147 609  
Accretion of acquisition fair value adjustments, net     (2,145) (1,244)  
Increase in cash value of bank-owned life insurance     (952) (817)  
Decrease (increase) in other assets     942 (5,132)  
Increase (decrease) in other liabilities     (4,615) 5,688  
Net cash provided by operating activities     29,324 29,365  
CASH FLOWS FROM INVESTING ACTIVITIES          
Net decrease in federal funds sold     16,183 19,331  
Net decrease (increase) in interest-bearing deposits at financial institutions     (62,084) 14,964  
Proceeds from sales of other real estate owned     539 736  
Activity in securities portfolio:          
Purchases     (10,709) (54,951)  
Calls, maturities and redemptions     5,958 12,619  
Paydowns     27,088 27,187  
Sales     4,661    
Activity in restricted investment securities:          
Purchases     (3,868) (4,215)  
Redemptions     7,362 109  
Net increase in loans/leases originated and held for investment     (176,394) (150,993)  
Purchase of premises and equipment     (6,032) (2,666)  
Proceeds from sales of premises and equipment     146    
Net cash used in investing activities     (197,150) (137,879)  
CASH FLOWS FROM FINANCING ACTIVITIES:          
Net increase in deposit accounts     345,614 31,652  
Net increase (decrease) in short-term borrowings     (9,583) 3,592  
Activity in Federal Home Loan Bank advances:          
Term advances     5,000    
Calls and maturities     (35,000) (10,000)  
Net change in short-term and overnight advances     (130,865) 72,100  
Activity in other borrowings:          
Proceeds from other borrowings       9,000  
Calls, maturities and scheduled principal payments     11,937 3,875  
Prepayments     (46,313)    
Paydown of revolving line of credit     (9,000)    
Proceeds from subordinated notes     63,393    
Payment of cash dividends on common stock     (1,881) (1,526)  
Proceeds from issuance of common stock, net     794 918  
Net cash provided by financing activities     170,222 101,861  
Net increase (decrease) in cash and due from banks     2,396 (6,653)  
Cash and due from banks, beginning     85,523 75,722 $ 75,722
Cash and due from banks, ending $ 87,919 $ 69,069 87,919 69,069 $ 85,523
Supplemental disclosure of cash flow information, cash payments (receipts) for:          
Interest     29,346 12,304  
Income/franchise taxes     (1,032) 1,010  
Supplemental schedule of noncash investing activities:          
Change in accumulated other comprehensive income, unrealized gains on securities available for sale and derivative instruments, net     4,586 (4,536)  
Exchange of shares of common stock in connection with payroll taxes for restricted stock and in connection with stock options exercised     (160) (194)  
Transfers of loans to other real estate owned     1,012 46  
Increase in the fair value of back-to-back interest rate swap assets and liabilities     43,628 1,775  
Dividends payable     $ (942) (836)  
Transfer of equity securities from securities available for sale to other assets at fair value       $ 2,614