XML 17 R7.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating Activities:    
Net Income $ 7,172 $ 6,403
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Provision for Credit Losses 2,600 600
Depreciation and Amortization 478 363
Net Amortization of Investment Security Premiums & Discounts 370 375
Net Loss (Gain) on Sale of Investment Securities 289 (1)
Net Gain on Sale of Other Real Estate (5,684) 0
Net Change in Operating Assets & Liabilities:    
Net Decrease in Interest Receivable and Other Assets 5,371 1,872
Net Decrease in Interest Payable and Other Liabilities (3,759) (1,965)
Net Cash Provided by Operating Activities 6,837 7,647
Investing Activities:    
Purchase of Investment Securities Available-for-Sale (118,395) (19,814)
Proceeds from Sold, Matured or Called Securities Available-for-Sale 141,589 22,629
Purchase of Investment Securities Held-to-Maturity (1,012) (205)
Proceeds from Matured or Called Securities Held-to-Maturity 863 587
Net Loans & Leases Paid, Originated or Acquired 3,244 6,895
Principal Collected on Loans & Leases Previously Charged Off 50 2,968
Additions to Premises and Equipment (247) (1,235)
Purchase of Other Investments (5,131) (361)
Proceeds from Sale of Other Real Estate 7,540 0
Net Cash Provided by Investing Activities 28,501 11,464
Financing Activities:    
Net (Decrease) Increase in Deposits (21,068) 47,700
Net Cash Provided by Financing Activities (21,068) 47,700
Increase in Cash and Cash Equivalents 14,270 66,811
Cash and Cash Equivalents at Beginning of Period 59,446 77,125
Cash and Cash Equivalents at End of Period 73,716 143,936
Supplementary Data    
Cash Payments Made for Income Taxes 261 85
Issuance of Common Stock to the Bank's Non-Qualified Retirement Plans 840 765
Interest Paid $ 962 $ 737