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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net income $ 8,490 $ 5,119
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 1,533 1,125
Depreciation on premises and equipment 1,116 1,267
Amortization of intangible assets 525 580
Amortization of restricted stock awards 189 124
Compensation expense for stock option grants 132 106
Increase in cash surrender value of life insurance (580) (444)
Investment securities amortization, net 296 252
Other-than-temporary impairment on investment securities   824
Gain on sales of investment securities, net (67) (204)
Gain on sales of other real estate owned (36) 4
Write-down of other real estate owned 171  
Origination of loans held for sale (221,782) (249,146)
Proceeds from sales of loans held for sale 257,560 205,548
Gain on loans sold and held for sale (8,627) (8,885)
Amortization of mortgage servicing rights 1,374 1,281
Impairment (recapture) of mortgage servicing rights 76 2,245
Net change in operating assets and liabilities:    
Accrued interest receivable 439 311
Accrued interest payable 940 882
Accrued income taxes receivable / payable 2,934 2,443
Other assets 5,378 (2,071)
Other liabilities (2,390) (9,275)
Net cash provided by operating activities 47,671 (47,914)
Investment securities available for sale:    
Purchases (113,222) (24,882)
Sales 3,058 23,848
Maturities and payments 97,709 8,347
Investment securities held to maturity:    
Purchases (2,486) (1,980)
Maturities 4,790 1,293
Net increase in loans (136,525) (24,061)
Purchases of premises and equipment (1,319) (555)
Purchases of nonmarketable equity securities (4,156)  
Sales of nonmarketable equity securities 3,594 90
Proceeds from sales of other real estate owned 540 1,539
Net cash (paid) acquired in acquisitions 12  
Net cash (used in) provided by investing activities (148,005) (16,361)
Cash flows from financing activities:    
Net increase in deposits 123,110 22,062
Net increase (decrease) in short-term borrowings (7,522) (5,889)
Proceeds from FHLB borrowings 142,357 300,000
Payments made on FHLB borrowings (129,857) (300,000)
Cash dividends paid on common stock (3,129) (2,137)
Proceeds from issuance of common stock under employee benefit plans 2,755 180
Net cash provided by (used in) financing activities 127,714 14,216
Net (decrease) increase in cash and cash equivalents 27,380 (50,059)
Cash and cash equivalents:    
Beginning of year 190,716 212,475
End of year 218,096 162,416
Cash payments for:    
Interest paid on deposits and borrowed funds 3,438 3,044
Income tax paid 5 157
Supplemental disclosures of noncash investing and financing activities:    
Transfer of loans to other real estate owned $ 961 $ 1,074