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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income $ 8,195 $ 7,636
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 408 451
Depreciation, amortization and accretion, net 1,820 2,035
Stock-based compensation expense 175 221
Gains on investment securities, net (230) (734)
Gain on sales of other real property owned, net (18) (38)
Loss on write down of fixed assets 78 19
Gains on sale of loans held for sale, net (397) (272)
Decrease in accrued interest receivable 784 626
Increase in accrued interest payable 17 15
Origination of loans held for sale (29,612) (19,760)
Proceeds from sale of loans held for sale 29,391 19,617
Increase in other assets (2,768) (329)
Decrease in other liabilities (761) (1,271)
Net cash provided by operating activities 7,082 8,216
Cash flows from investing activities:    
Proceeds from sales of securities available-for-sale 9,453 63,142
Proceeds from maturities of securities held-to-maturity 10,000 0
Proceeds from maturities of securities available-for-sale 33,854 40,270
Purchases of securities available-for-sale (88,002) (45,427)
Net (increase) decrease in loans 3,672 (39,293)
Purchases of premises and equipment (860) (496)
Proceeds from sales of other real property owned 80 451
Net cash provided by (used in) investing activities (31,803) 18,647
Cash flows from financing activities:    
Net increase (decrease) in deposits (5,878) 3,281
Decrease in repurchase agreements (4,401) (24,028)
Proceeds from FHLB advances 5,000 0
Repayment of FHLB advances 0 (10,000)
Repayment of other borrowings 2,000 1,000
Proceeds from other borrowings 2,000 1,000
Proceeds from issuance of common stock 28,099 381
Conversion of preferred stock 0 (5)
Purchase of treasury stock (962) (902)
Dividends paid on preferred stock (1,001) (2,024)
Dividends paid on common stock (1,532) (1,133)
Net Cash Provided by (Used in) Financing Activities, Continuing Operations 19,325 (34,430)
Decrease in cash and cash equivalents (5,396) (7,567)
Cash and cash equivalents at beginning of period 51,730 65,102
Cash and cash equivalents at end of period 46,334 57,535
Cash paid during the period for:    
Interest 1,638 1,588
Income taxes 4,911 4,685
Supplemental disclosures of noncash investing and financing activities    
Loans Transferred to Other Real Estate Owned 90 242
Dividends reinvested in common stock 597 576
Net tax benefit related to option and deferred compensation plans $ 85 $ 101