XML 16 R6.htm IDEA: XBRL DOCUMENT v3.19.1
Unaudited Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating Activities    
Net income $ 5,116 $ 6,349
Items not requiring (providing) cash    
Depreciation and amortization 175 301
Provision for loan losses 0 100
Gain on sales of loans (37) (40)
Stock-based compensation expense 171 0
Cash receipts from the sale of loans originated for sale 2,685 1,554
Cash disbursements for loans originated for sale (2,343) (1,126)
Deferred income tax (benefit) (43) 0
Changes in    
Interest receivable and other assets 786 (143)
Interest payable and other liabilities 665 543
Net cash provided by operating activities 7,175 7,538
Investing Activities    
Maturities of interest-bearing time deposits in other banks 6,973 248
Purchases of interest-bearing time deposits in other banks (9,491) (498)
Net change in loans 13,288 783
Purchases of premises and equipment (659) (75)
Purchase of nonmarketable equity securities 0 (2)
Net cash provided by investing activities 10,111 456
Financing Activities    
Net change in deposits 10,773 (3,120)
Repayment of borrowed funds 0 (800)
Net cash provided by (used in) financing activities 10,773 (3,920)
Increase in Cash and Due from Banks 28,059 4,075
Cash and Due from Banks, Beginning of Period 128,090 100,054
Cash and Due from Banks, End of Period 156,149 104,129
Supplemental Disclosure of Cash Flows Information    
Interest paid $ 2,180 $ 1,316