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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating Activities:    
Net Income $ 14,122 $ 13,549
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Depreciation and Amortization 709 692
Net Amortization of Investment Security Premiums & Discounts 125 115
Amortization of Core Deposit Intangible 157 160
Accretion of Discount on Acquired Loans (90) (5)
Net Gain on Sale of Investment Securities (13) 0
Net Change in Operating Assets & Liabilities:    
Net Decrease in Interest Receivable and Other Assets 8,718 6,456
Net Decrease in Interest Payable and Other Liabilities (3,417) (2,080)
Net Cash Provided by Operating Activities 20,311 18,887
Investing Activities:    
Purchase of Investment Securities Available-for-Sale (67,661) (155,798)
Proceeds from Sold, Matured or Called Securities Available-for-Sale 57,595 138,952
Purchase of Investment Securities Held-to-Maturity (2,380) (2,025)
Proceeds from Matured or Called Securities Held-to-Maturity 3,904 1,160
Net Loans & Leases Paid, Originated or Acquired 2,743 6,877
Principal Collected on Loans & Leases Previously Charged Off 77 42
Additions to Premises and Equipment, Net (1,352) (449)
Purchase of Other Investments (2,289) (608)
Net Cash Used in Investing Activities (9,363) (11,849)
Financing Activities:    
Net Decrease in Deposits (22,746) (54,792)
Net Cash Used in Financing Activities (22,746) (54,792)
Net Change in Cash and Cash Equivalents (11,798) (47,754)
Cash and Cash Equivalents at Beginning of Period 294,758 145,564
Cash and Cash Equivalents at End of Period 282,960 97,810
Supplementary Data    
Cash Payments Made for Income Taxes 3 0
Issuance of Common Stock to the Bank's Non-Qualified Retirement Plans 403 2,564
Interest Paid 3,628 2,128
Supplementary Noncash Disclosure    
Lease Liabilities Arising from Obtaining Right-of-Use Assets 0 4,729
Security (purchases) sales settled in subsequent period $ 0 $ 25,000