XML 19 R9.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating Activities    
Net income $ 12,804 $ 8,224
Items not requiring (providing) cash    
Provision for loan losses 567 330
Depreciation and amortization 1,814 1,401
Share based compensation 82 76
Mortgage servicing rights, net impairment 6 6
Premium amortization on securities, net 1,476 1,477
Gain on sale of investment securities (11) (35)
Gain on sale of mortgage loans (1,423) (1,914)
Proceeds from sales of loans 43,307 58,151
Loans originated for sale (35,770) (49,939)
Change in cash value life insurance (435) (464)
Loss (gain) on sale of other real estate owned   261
Net change in:    
Interest receivable 4,200 151
Interest payable 330 45
Other assets 6,595 5,784
Other liabilities (3,556) (4,527)
Net cash provided by (used in) operating activities 29,986 19,027
Investing Activities    
Purchases of securities available for sale (36,389) (50,201)
Proceeds from sales, maturities, calls and principal repayments of securities available for sale 30,415 23,302
Purchases of securities held to maturity (8,703) (13,151)
Proceeds from maturities of securities held to maturity 721 1,015
Change in Federal Reserve and FHLB stock   (158)
Net change in loans (33,312) (8,684)
Proceeds on the sale of OREO and repossessed assets 392 510
Change in premises and equipment, net (1,074) (1,025)
Net cash provided by (used in) investing activities (47,950) (37,392)
Net change in:    
Deposits 52,673 (42,338)
Borrowings (43,811) 52,564
Proceeds from issuance of stock 100 34
Dividends paid on common stock (3,848) (2,447)
Net cash provided by (used in) financing activities 5,114 7,813
Net Change in Cash and Cash Equivalents (12,850) (10,552)
Cash and Cash Equivalents, Beginning of Period 76,441 70,832
Cash and Cash Equivalents, End of Period 63,591 60,280
Additional Supplemental Information    
Interest paid 5,685 3,215
Income taxes paid   1,050
Transfer of loans to other real estate $ 266 714
Single Branch of First Farmers Bank & Trust Co [Member]    
Investing Activities    
Net cash received in acquisition of branch   11,000
LaPorte Bancorp Inc [Member]    
Additional Supplemental Information    
Acquisition of LaPorte, measurement period adjustments   $ 704