XML 17 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating Activities:    
Net Income $ 9,941 $ 7,821
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Provision for Credit Losses 333 600
Depreciation and Amortization 582 494
Net Amortization of Investment Security Premiums & Discounts 277 402
Amortization of Core Deposit Intangible 27 27
Accretion of Discount on Acquired Loans (18) (66)
Net (Gain) on Sale of Property & Equipment (292) (1,108)
Net Gain on Sale of ORE 0 (114)
Net Change in Operating Assets & Liabilities:    
Net Decrease in Interest Receivable and Other Assets (2,525) 5,378
Net Increase in Interest Payable and Other Liabilities 682 (3,452)
Net Cash Provided by Operating Activities 9,007 9,982
Investing Activities:    
Purchase of Investment Securities Available-for-Sale (109,482) (79,007)
Proceeds from Sold, Matured or Called Securities Available-for-Sale 89,724 73,905
Purchase of Investment Securities Held-to-Maturity (1,952) (210)
Proceeds from Matured or Called Securities Held-to-Maturity 2,870 1,023
Net Loans & Leases Paid, Originated or Acquired (19,791) 31,484
Principal Collected on Loans & Leases Previously Charged Off 23 32
Additions to Premises and Equipment (1,085) (1,157)
Purchase of Other Investments (639) (128)
Proceeds from Sale of Property & Equipment 983 2,219
Proceeds from Sale of Other Real Estate 0 1,607
Net Cash (Used in) Provided by Investing Activities (39,349) 29,768
Financing Activities:    
Net (Decrease) Increase in Deposits (21,823) 25,902
Net Cash (Used in) Provided by Financing Activities (21,823) 25,902
(Decrease) Increase in Cash and Cash Equivalents (52,165) 65,652
Cash and Cash Equivalents at Beginning of Period 187,149 98,860
Cash and Cash Equivalents at End of Period 134,984 164,512
Supplementary Data    
Issuance of Common Stock to the Bank's Non-Qualified Retirement Plans 0 811
Interest Paid $ 1,750 $ 1,346