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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities    
Net income $ 5,437 $ 3,923
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,363 1,707
Deferred income tax expense 218 1,361
Stock-based compensation 1,785 1,423
Provision for (recovery of) credit losses 216 (169)
Net amortization of investment securities 118 150
Change in fair value of equity securities   11
Stock dividends received on correspondent bank stock (25) (111)
Increase in cash surrender value of company-owned life insurance (284) (298)
Net gain on mortgage loans sold (8,009) (3,769)
Origination of mortgage loans held for sale (501,312) (364,962)
Proceeds from mortgage loans sold 452,601 372,298
Proceeds from sale of securities (119)  
Loss on impairment of goodwill 1,572  
Net changes in operating assets and liabilities:    
Accounts receivable (486) 856
Accrued interest receivable and other assets (81) (1,731)
Accrued interest payable and other liabilities 727 (2,132)
Net cash used in operating activities (46,279) 8,557
Activity in available-for-sale securities:    
Maturities, prepayments, and calls 6,202 11,663
Sales 7,506 250
Purchases (29,750) (250)
Purchases of correspondent bank stock (1,237) (726)
Redemption of correspondent bank stock 3,168  
Purchases of premises and equipment (380) (525)
Payments received on promissory notes from related parties   3,701
Loan and note receivable originations and principal collections, net (32,439) (41,359)
Net cash used in investing activities (46,930) (27,246)
Cash flows from financing activities    
Net change in deposits 171,146 62,522
Payments on Subordinated Notes   (6,875)
Proceeds from issuance of common stock, net   34,450
Repurchase of common stock (8)  
Settlement of restricted stock (110) (181)
Dividends paid on preferred stock   (1,378)
Redemption of preferred stock Series A-C   (20,783)
Redemption of preferred stock Series D   (4,054)
Redemption costs   (131)
Payments to Federal Home Loan Bank Topeka borrowings (72,346) (188,200)
Proceeds from Federal Home Loan Bank Topeka borrowings 67,346 204,235
Net cash provided by financing activities 166,028 79,605
Net change in cash and cash equivalents 72,819 60,916
Cash and cash equivalents, beginning of year 73,357 9,502
Cash and cash equivalents, end of period 146,176 70,418
Supplemental cash flow information:    
Interest paid on deposits and borrowed funds 9,702 5,712
Income tax payment, net of refunds received 1,562 552
Cash paid for amounts included in the measurement of lease liabilities 4,091  
Supplemental noncash disclosures:    
Reclass of promissory note to loans   2,134
Available-for-sale reclass of equity securities   703
Adoption of ASU 2018-02 - Reclassification of stranded tax effects 235  
Reclass of unrealized loss on equity securities   $ 52
Lease right-of-use-asset obtained in exchange for lease liabilities 16,580  
Reclass of held for sale assets net of liabilities $ 3,442