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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net income $ 53,057 $ 41,791 $ 38,918
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation of premises and equipment, amortization of securities available for sale, and amortization of discount of junior subordinated debentures 9,808 10,704 12,709
Changes in net deferred loan costs, net of amortization (150) (1,007) (1,422)
Provision for loan losses 5,129 4,220 4,931
Net change in accrued interest receivable, prepaid expenses and other assets, accrued expenses and other liabilities 10,195 11,634 2,147
Stock-based compensation expense 2,744 2,103 1,840
Net excess tax benefit from exercise of stock-based compensation 0 0 (123)
Amortization of intangible assets 3,819 1,286 1,415
Origination of loans held for sale (76,101) (108,696) (145,107)
Proceeds from sale of loans 79,237 121,482 148,121
Earnings on bank owned life insurance (1,753) (1,424) (1,460)
Valuation adjustment on other real estate owned 49 0 383
Gain on sale of loans, net (2,759) (7,696) (6,994)
Gain on sale of investment securities, net (137) (6) (1,315)
Gain on sale of assets held for sale (798) (747) 0
Loss on sale of other real estate owned 0 (144) (173)
Impairment of assets held for sale 75 0 0
Loss on sale or write-off of furniture, equipment and leasehold improvements 32 13 110
Net cash provided by operating activities 82,447 73,513 53,980
Cash flows from investing activities:      
Loans originated, net of principal payments (98,563) (235,154) (263,387)
Maturities of other interest earning deposits 0 0 6,709
Maturities, calls and payments of investment securities available for sale 92,563 98,894 129,408
Purchase of investment securities available for sale (342,141) (149,914) (267,657)
Purchase of premises and equipment (23,265) (3,063) (6,722)
Proceeds from sales of other loans 9,993 28,874 21,077
Proceeds from sales of other real estate owned 198 930 2,486
Proceeds from sales of investment securities available for sale 156,014 31,028 140,373
Proceeds from sales of assets held for sale 1,908 1,849 0
Proceeds from redemption of Federal Home Loan Bank stock 26,538 30,018 23,732
Purchases of Federal Home Loan Bank stock (22,524) (30,801) (27,148)
Proceeds from sales of premises and equipment 28 0 659
Purchase of bank owned life insurance (54) (4,394) (8,000)
Proceeds from BOLI death benefit 0 1,101 0
Capital contributions to low-income housing tax credit partnerships and new market tax credit partnerships, net (8,303) (10,762) (4,456)
Net cash received from acquisitions 105,974 0 0
Net cash used in investing activities (101,634) (241,394) (252,926)
Cash flows from financing activities:      
Net increase in deposits 214,740 163,412 121,361
Federal Home Loan Bank advances 554,950 763,350 660,900
Repayments of Federal Home Loan Bank advances (663,450) (750,450) (581,300)
Common stock cash dividends paid (25,791) (18,305) (21,569)
Net (decrease)/increase in securities sold under agreement to repurchase (796) 9,717 (1,110)
Proceeds from exercise of stock options 133 164 540
Net excess tax benefit from exercise of stock-based compensation 0 0 123
Repurchase of common stock (1,704) (737) (2,894)
Net cash provided by financing activities 78,082 167,151 176,051
Net increase (decrease) in cash and cash equivalents 58,895 (730) (22,895)
Cash and cash equivalents at beginning of year 103,015 103,745 126,640
Cash and cash equivalents at end of year 161,910 103,015 103,745
Supplemental disclosures of cash flow information:      
Cash paid for interest 12,385 8,399 5,998
Cash paid for income taxes 5,634 2,045 11,500
Supplemental non-cash disclosures of cash flow information:      
Transfers of loans receivable to other real estate owned 434 32 1,431
Transfers of properties held for sale recorded in premises and equipment, net to prepaid expenses and other assets 1,836 2,687 0
Transfer of BOLI to prepaid expenses and other assets 421 0 0
Investment in low income housing tax credit partnership and related funding commitment 0 33,171 19,663
Business Combinations:      
Common stock issued in business combinations 230,043 0 0
Assets acquired (liabilities assumed) in acquisitions:      
Investment securities available for sale 84,846 0 0
Loans receivable 718,620 0 0
Other real estate owned 1,796 0 0
Premises and equipment 3,785 0 0
Federal Home Loan Bank stock 1,743 0 0
Accrued interest receivable 2,454 0 0
Bank owned life insurance 17,116 0 0
Prepaid expenses and other assets 2,957 0 0
Other intangible assets 18,345 0 0
Goodwill 121,910 0 0
Deposits (824,602) 0 0
Federal Home Loan Bank advances (16,000) 0 0
Securities sold under agreement to repurchase (462) 0 0
Accrued expenses and other liabilities $ (8,439) $ 0 $ 0