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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating activities:    
Net income $ 5,279 $ 1,869
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 1,776 4,375
Deferred tax expense 745  
Asset depreciation 610 718
Securities premium amortization, net of discount accretion 881 706
Amortization of intangibles 229 630
Restricted stock amortization expense 200 201
Net gain on sales/calls of investment securities (451) (126)
Net gain on sales of mortgage loans (552) (401)
Net (gain) loss on sales of premises/equipment 3 (2)
Proceeds from sales of held for sale loans 25,581 23,165
Held for sale loans originated for resale (25,866) (17,109)
Net changes in assets and liabilities:    
Accrued interest receivable (163) (71)
Bank owned life insurance (220) (229)
Other assets (1,151) (3,801)
Accrued interest payable 58 27
Other liabilities 1,319 1,290
Net cash provided by operating activities 8,278 11,242
Investing activities:    
Proceeds from sales of available for sale securities   22,804
Available for sale securities 20,219 13,925
Purchases of available for sale securities (16,629) (45,226)
Payments for (Proceeds from) Federal Home Loan Bank Stock (2,115) (559)
Loans originated, net of principal repayments (60,642) (11,208)
Purchases of premises and equipment (146) (453)
Proceeds from sales of premises and equipment   23
Net cash used in investing activities (59,313) (20,694)
Financing activities:    
Net increase in deposits 31,247 11,143
Net increase in other borrowings 10,831 6,836
Net proceeds from issuance of common stock 335 191
Purchases of treasury stock (453) (12,750)
Redemption of trust preferred securities   (5,155)
Common stock dividends paid (1,472) (1,588)
Preferred stock dividends paid (1) (1)
Net cash provided by (used in) financing activities 40,487 (1,324)
Net decrease in cash and cash equivalents (10,548) (10,776)
Cash and cash equivalents:    
Beginning of period 75,650 78,129
End of period $ 65,102 $ 67,353