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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net income $ 10,856 $ 7,289
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan and lease losses 2,445 326
Depreciation of premises and equipment 1,192 946
Net amortization of investment securities premiums and discounts 515 320
Net gain on sales of investment securities (15) (44)
Net gain on mortgage banking activities (1,113) (1,218)
Bank owned life insurance income (783) (470)
Net accretion of acquisition accounting fair value adjustments (764) (100)
Stock-based compensation 831 451
Intangible expenses 759 766
Other adjustments to reconcile net income to cash provided by operating activities (130) 5
Deferred tax expense 1,087 905
Originations of loans held for sale (24,828) (44,414)
Proceeds from the sale of loans held for sale 30,568 46,003
Contributions to pension and other postretirement benefit plans (69) (60)
Decrease (increase) in accrued interest receivable and other assets 851 (2,503)
Increase in accrued interest payable and other liabilities (3,715) (1,469)
Net cash provided by operating activities 17,687 6,733
Cash flows from investing activities:    
Net capital expenditures (2,299) (2,177)
Proceeds from maturities and calls of securities held-to-maturity 10,026 4,000
Proceeds from maturities and calls of securities available-for-sale 18,782 18,693
Proceeds from sales of securities available-for-sale 1,762 53,181
Purchases of investment securities held-to-maturity (18,209) 0
Purchases of investment securities available-for-sale (9,009) (32,573)
Net (increase) decrease in other investments (453) 118
Net increase in loans and leases (56,550) (7,507)
Net (increase) decrease in interest-earning deposits (3,987) 21,156
Proceeds from sales of other real estate owned 2,039 0
Proceeds from bank owned life insurance 211 0
Net cash (used in) provided by investing activities (57,687) 54,891
Cash flows from financing activities:    
Net increase (decrease) in deposits 108,543 (59,934)
Net (decrease) increase in short-term borrowings (116,805) 1,640
Proceeds from issuance of long-term debt 55,000 0
Payment of contingent consideration on acquisitions (5,284) (900)
Purchases of treasury stock (1,634) (521)
Stock issued under dividend reinvestment and employee stock purchase plans 617 617
Proceeds from exercise of stock options 861 274
Cash dividends paid (5,310) (3,896)
Net cash provided by (used in) financing activities 35,988 (62,720)
Net decrease in cash and due from banks (4,012) (1,096)
Cash and due from banks at beginning of year 48,757 32,356
Cash and due from banks at end of period 44,745 31,260
Supplemental disclosures of cash flow information:    
Cash paid for interest 4,729 3,113
Cash paid for income taxes, net of refunds 157 685
Non cash transactions:    
Transfer of loans to other real estate owned $ 653 $ 1,797