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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income $ 44,094 $ 19,505 $ 27,268
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan and lease losses 9,892 4,821 3,802
Depreciation of premises and equipment 5,561 4,089 3,757
Net gain on sales of investment securities (48) (518) (1,265)
Net gain on mortgage banking activities (4,023) (6,027) (4,838)
Bank owned life insurance income (3,988) (2,931) (1,295)
Net amortization on investment securities 1,838 1,853 1,284
Amortization, fair market value adjustments and capitalization of mortgage servicing rights (87) (521) (368)
Net accretion of acquisition accounting fair value adjustments (3,022) (2,779) (2,048)
Stock-based compensation 3,166 2,084 1,421
Intangible expenses 2,582 5,528 2,567
Other adjustments to reconcile net income to cash provided by operating activities (80) 659 (133)
Deferred tax expense 7,483 942 3,816
Originations of loans held for sale (143,993) (258,202) (209,464)
Proceeds from the sale of loans held for sale 152,734 262,948 212,613
Contributions to pension and other postretirement benefit plans (2,295) (2,261) (2,271)
(Increase) decrease in accrued interest receivable and other assets (1,369) 1,956 3,055
Increase in accrued interest payable and other liabilities 215 2,160 1,442
Net cash provided by operating activities 68,660 33,306 39,343
Cash flows from investing activities:      
Net cash paid due to acquisitions 0 (94,835) (2,967)
Net capital expenditures (3,961) (12,644) (5,890)
Proceeds from maturities, calls and principal repayments of securities held-to-maturity 23,265 21,000 13,000
Proceeds from maturities, calls and principal repayments of securities available-for-sale 94,903 110,927 79,482
Proceeds from sales of securities available-for-sale 7,069 77,290 77,308
Purchases of investment securities held-to-maturity 54,149 5,071 0
Purchases of investment securities available-for-sale (58,484) (80,476) (162,722)
Proceeds from sale of loans transferred to held for sale 0 0 4,000
Proceeds from sale of portfolio loans 0 2,435 0
Net increase in loans and leases (338,481) (337,961) (181,037)
Net (increase) decrease in interest-earning deposits (19,620) 35,004 (16,954)
Net increase in other investments (2,335) (11,773) (3,718)
Proceeds from sales of other real estate owned 3,996 885 14
Net decrease in federal funds sold 0 0 17,442
Purchases of bank owned life insurance (7,271) 0 (8,000)
Proceeds from bank owned life insurance 2,961 662 0
Net cash used in investing activities (352,107) (294,557) (190,042)
Cash flows from financing activities:      
Net increase in deposits 297,792 125,425 147,572
Net (decrease) increase in short-term borrowings (90,740) 123,207 (17,763)
Proceeds from issuance of long-term debt 95,000 20,000 0
Repayments of long-term debt (65,000) (15,000) 0
Proceeds from issuance of subordinated notes 0 44,515 49,267
Payment of contingent consideration on acquisitions (5,413) (2,552) (2,631)
Proceeds from public offering of common stock 70,501 0 0
Purchases of treasury stock (3,519) (8,359) (13,342)
Stock issued under dividend reinvestment and employee stock purchase plans 2,413 2,472 2,434
Proceeds from exercise of stock options, including excess tax benefits 1,676 4,968 534
Cash dividends paid (21,299) (17,024) (15,011)
Net cash provided by financing activities 281,411 277,652 151,060
Net decrease (increase) in cash and due from banks (2,036) 16,401 361
Cash and due from banks at beginning of year 48,757 32,356 31,995
Cash and due from banks at end of period 46,721 48,757 32,356
Supplemental disclosures of cash flow information:      
Cash paid for interest 21,493 13,982 8,099
Cash paid for income taxes, net of refunds 12,599 8,053 2,142
Non cash transactions:      
Transfer of loans to other real estate owned 729 2,347 320
Transfer of loans to loans held for sale 0 0 4,000
Assets acquired through acquisitions 0 1,090,395 425,185
Liabilities assumed through acquisitions 0 911,316 389,795
Contingent consideration recorded as goodwill $ 0 $ 0 $ 1,525