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Unaudited Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating Activities    
Net income $ 10,242 $ 12,728
Items not requiring (providing) cash    
Depreciation and amortization 388 605
Provision for loan losses 0 100
Gain on sales of loans (77) (78)
Stock-based compensation expense 329 0
Cash receipts from the sale of loans originated for sale 4,590 3,058
Cash disbursements for loans originated for sale (4,009) (3,431)
Deferred income tax benefit (85) 0
Changes in    
Interest receivable and other assets 719 (351)
Interest payable and other liabilities (2,786) 447
Net cash provided by operating activities 9,311 13,078
Investing Activities    
Maturities of interest-bearing time deposits in other banks 10,120 497
Purchases of interest-bearing time deposits in other banks (10,993) (992)
Net change in loans (31,614) (26,354)
Purchases of premises and equipment (1,289) (182)
Purchase of nonmarketable equity securities (14) (4)
Net cash used in investing activities (33,790) (27,035)
Financing Activities    
Net change in deposits 20,152 15,988
Repayment of borrowed funds 0 (800)
Cash distributions paid 0 (4,350)
Net cash provided by financing activities 20,152 10,838
Decrease in Cash and Due from Banks (4,327) (3,119)
Cash and Due from Banks, Beginning of Period 128,090 100,054
Cash and Due from Banks, End of Period 123,763 96,935
Supplemental Disclosure of Cash Flows Information    
Interest paid 4,561 2,954
Income taxes paid 3,868 0
Supplemental Disclosures of Non-Cash Investing Activities    
Foreclosed assets acquired in settlement of loans $ 78 $ 50