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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating Activities    
Net income $ 21,478 $ 19,860
Items not requiring (providing) cash    
Provision for loan losses 432 93
Depreciation 2,514 2,439
Amortization of mortgage servicing rights, net of impairment recoveries 1,399 1,073
Amortization of core deposit and other intangible assets 419 536
Net amortization of premiums and discounts on loans and deposits 254 333
Amortization of premiums and discounts on securities 627 551
Loss on write-downs of property, plant and equipment 0 428
Change in deferred taxes 174 (90)
Proceeds from the sale of loans held for sale 197,167 167,687
Originations of loans held for sale (198,839) (167,380)
Gain from sale of loans (4,707) (4,504)
Gain from sale or call of securities (509) 0
(Gain)/Loss on sale or write-down of real estate and other assets held for sale (269) 281
Stock option expense 226 103
Restricted stock expense 389 334
Income from bank owned life insurance (686) (658)
Excess tax benefits from share-based compensation (184) 0
Changes in:    
Accrued interest receivable (1,281) (1,105)
Other assets (3,475) 170
Other liabilities 1,174 194
Net cash provided by operating activities 16,303 20,345
Investing Activities    
Proceeds from maturities of held-to-maturity securities 52 62
Proceeds from maturities, calls and pay-downs of available-for-sale securities 25,765 22,215
Proceeds from sale of real estate and other assets held for sale 1,368 2,103
Proceeds from the sale of available-for-sale securities 14,871 0
Proceeds from sale of non-mortgage loans 13,967 16,178
Purchases of available-for-sale securities (35,538) (20,684)
Proceeds from Federal Home Loan Bank stock redemption 1 0
Purchase of bank-owned life insurance 0 (4,000)
Net cash paid in Insurance acquisition 0 (297)
Purchases of premises and equipment, net (1,289) (1,631)
Net increase in loans receivable (137,511) (103,009)
Net cash used in investing activities (118,314) (89,063)
Financing Activities    
Net increase in deposits and advance payments by borrowers 90,949 31,795
Repayment of Federal Home Loan Bank advances (718) (7,743)
Increase in Federal Home Loan Bank advances 55,000 27,000
Decrease in securities sold under repurchase agreements (6,695) (921)
Repayment of warrants 0 (11,979)
Proceeds from exercise of stock options 667 1,559
Proceeds from direct stock sales 43 52
Cash dividends paid on common stock (5,914) (5,325)
Net cash paid for repurchase of common stock (6,293) (5,348)
Net cash provided by financing activities 127,039 29,090
Increase (decrease) in cash and cash equivalents 25,028 (39,628)
Cash and cash equivalents at beginning of period 79,769 112,936
Cash and cash equivalents at end of period 104,797 73,308
Supplemental cash flow information:    
Interest paid 6,151 4,939
Income taxes paid 9,900 7,300
Transfers from loans to real estate and other assets held for sale 526 872
Transfers from property and equipment to real estate and other assets held for sale 0 267
Securities purchased but not yet settled $ 935 $ 0