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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2018
Cash flows from operating activities          
Net earnings $ 7,530 $ 5,091 $ 18,910 $ 14,084  
Adjustments to reconcile net earnings to net cash provided from operating activities:          
Depreciation     2,914 2,457  
Amortization     1,040 881  
Deferred taxes     (1,219) 577  
Premium amortization, net of discount accretion     2,888 3,247  
Net realized loss on securities transactions   (1) 22 50  
Gain on sale of loans (910) (637) (2,070) (1,871)  
Provision for loan losses 100 500 1,250 1,750 $ 2,250
Origination of loans held for sale     (55,265) (56,276)  
Proceeds from loans held for sale     55,289 59,217  
Write-down of other real estate and repossessed assets     0 392  
Net loss on sale of premises, equipment, other real estate owned and other assets     19 478  
Stock based compensation     493 378  
Net change in accrued interest receivable and other assets     (13,943) (5,170)  
Net change in accrued interest payable and other liabilities     10,495 1,768  
Net cash provided by operating activities     20,823 21,962  
Securities available for sale:          
Purchases     (5,120) (124,914)  
Proceeds from sales     3,957 111,813  
Proceeds from maturities and principal repayments     21,182 20,697  
Securities held to maturity:          
Proceeds from maturities and principal repayments     4,692 8,184  
Cash paid in connection with acquisitions     0 (6,423)  
Net originations of loans     (76,538) (138,024)  
Net purchases of premises and equipment     (3,643) (2,924)  
Net proceeds from sale of premises, equipment, other real estate owned and other assets     318 1,898  
Net cash used in investing activities     (55,152) (104,766)  
Cash flows from financing activities          
Net change in deposits     91,833 (20,402)  
Net change in securities sold under agreements to repurchase     (865) (1,772)  
Proceeds from FHLB advances     156,000 325,000  
Repayment of FHLB advances     (210,513) (251,513)  
Repayments of debentures     (1,500) (1,000)  
Purchase of treasury stock     (10,067) (9)  
Exercise of stock options     553 140  
Cash dividends     (3,974) (5,017)  
Net cash provided by financing activities     21,467 45,427  
Net change in cash and cash equivalents     (12,862) (37,377)  
Cash and cash equivalents at beginning of period     71,510 91,428 91,428
Cash and cash equivalents at end of period 58,648 54,051 58,648 54,051 $ 71,510
Supplemental disclosures of cash flow information          
Interest paid     18,269 13,137  
Income taxes paid     4,011 4,008  
Supplemental schedule of noncash investing and financing activities          
Cash dividends accrued $ 2,077 $ 0 2,077 0  
Transfer loans to other real estate owned and repossessed assets     137 591  
Common stock issued in acquisitions     0 29,568  
Reclassification of certain tax effects from accumulated other comprehensive income     0 486  
Acquired banks          
Securities held to maturity:          
Cash received from acquired banks     $ 0 $ 24,927