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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 29,296 $ 26,166
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion 4,031 3,319
Provision for loan losses 2,340 (2,450)
Stock-based compensation 2,577 2,492
Deferred income taxes (1,080) 3,599
Bank-owned life insurance (1,015) (1,000)
Net gain on securities, other assets and other real estate owned (307) (88)
Other operating activities, net (1,507) 122
Changes in operating assets and liabilities:    
Other assets 3,054 81
Other liabilities 4,416 2,872
Net cash provided by operating activities 41,805 35,113
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of other investments (19,271) (11,489)
Proceeds from other investments 20,044 17,487
Purchase of investment securities available for sale (80,434) (1,970)
Purchase of investment securities held to maturity (51,495) (12,651)
Maturity, call and principal payments on investment securities available for sale   16,251
Maturity, call and principal payments on investment securities held to maturity 90,361 48,253
Purchase of bank-owned life insurance   (3,195)
Net proceeds from sale of loans, OREO and repossessed assets   60
Loan originations and repayments, net (185,511) (128,944)
Purchase of premises and equipment (2,300) (5,355)
Other investing activities, net 638 272
Net cash used in investing activities (227,968) (81,281)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in demand, money market and savings accounts 164,249 194,419
Net increase (decrease) in certificates of deposits (16,500) 1,062
Net decrease in short-term borrowings (4,754) (129,801)
Net increase in securities sold under agreements to repurchase 32,696 4,655
Proceeds from issuance of common stock 1,315 1,342
Taxes paid in net settlement of restricted stock (1,126) (890)
Dividends paid on common stock (6,462) (5,783)
Net cash provided by financing activities 169,418 65,004
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (16,745) 18,836
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 96,050 67,312
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 79,305 $ 86,148