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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ 1,549 $ 13,982
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 11,579 3,243
Depreciation on premises and equipment 1,677 1,601
Amortization of intangible assets 1,762 1,810
Amortization of operating lease right-of-use asset 670 708
Share-based compensation expense 602 846
Increase in cash surrender value of life insurance (900) (903)
Investment securities amortization, net 702 964
Gain on sales of other real estate owned (15) (66)
Impairment of other real estate owned 605 16
Origination of loans held for sale (69,332) (84,231)
Proceeds from sales of loans held for sale 73,114 99,323
Gain on loans sold and held for sale (2,178) (3,121)
Loss on disposals of premises and equipment 9 7
Amortization of loan servicing rights 790 678
Impairment of loan servicing rights 8,468 25
Impairment of assets held for sale 642  
Net change in other operating assets and liabilities:    
Accrued interest receivable (186) (109)
Accrued interest payable 678 1,399
Accrued income taxes receivable (768) 3,739
Operating lease liabilities (943) (741)
Other assets (4,912) (1,920)
Other liabilities (8,062) (7,252)
Net cash provided by operating activities 15,551 29,998
Investment securities available for sale:    
Purchases (50,442) (15,565)
Sales 0 0
Maturities and payments 44,242 27,023
Equity securities:    
Purchases (23) (16)
Net (increase) decrease in loans (85,972) 44,390
Purchases of premises and equipment (765) (1,282)
Proceeds from sales of mortgage servicing rights held for sale   3,288
Purchases of nonmarketable equity securities (1,563) (7,971)
Sales of nonmarketable equity securities   4,434
Proceeds from sales of other real estate owned 120 1,164
Net cash (used in) provided by investing activities (94,403) 55,465
Cash flows from financing activities:    
Net increase (decrease) in deposits 106,386 (37,882)
Net (decrease) increase in short-term borrowings (38,451) (8,403)
Proceeds from FHLB borrowings 100,000 195,000
Payments made on FHLB borrowings (200) (165,196)
Payments made on other borrowings   (1,429)
Payments made on subordinated debt (7,250)  
Cash dividends paid on preferred stock   (82)
Cash dividends paid on common stock (6,575) (5,823)
Common stock repurchased (20,562)  
Proceeds from issuance of common stock under employee benefit plans 395 1,132
Net cash provided by (used in) financing activities 133,743 (22,683)
Net increase (decrease) in cash and cash equivalents 54,891 62,780
Cash and cash equivalents:    
Beginning of period 394,505 213,700
End of period 449,396 276,480
Cash payments for:    
Interest paid on deposits and borrowed funds 13,985 12,432
Income tax paid (net of refunds) 898 $ 337
Supplemental disclosures of noncash investing and financing activities:    
Transfer of investment securities held to maturity to investment securities available for sale 99,688  
Transfer of loans to other real estate owned $ 1,813