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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows from Operating Activities    
Net income $ 13,803 $ 11,954
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for loan losses 3,894 1,242
Mortgage banking income (3,003) (3,467)
Changes in fair value on loans held for sale (2,205) (1,836)
Net losses on real estate owned and other repossessed assets sold 76 311
Net gain on available for sale securities sold (604) (11)
Net gain on other assets sold (2) (21)
Amortization of premiums and accretion of discounts 5,320 770
Depreciation and amortization 1,729 1,594
Net change in interest receivable (88) 233
Net change in interest payable 64 48
Net change in prepaid and other assets (3,040) 3,824
Net change in other liabilities 2,570 (211)
Stock based compensation 724 568
Net principal disbursed on loans originated for sale (214,201) (164,356)
Proceeds from sale of loans held for sale 192,994 150,803
Net change in deferred tax assets 5,707 5,541
Cash surrender value of life insurance (1,108) (1,081)
Net change in interest rate caps 3 175
Net cash from operating activities 2,633 6,080
Cash Flows from Investing Activities    
Proceeds from the principal repayments and maturities of securities available for sale 21,896 26,486
Proceeds from the principal repayments and maturities of securities held to maturity 10,270  
Proceeds from the sale of securities available for sale 33,702 5,153
Proceeds from the sale of real estate owned and other repossessed assets 1,671 1,905
Proceeds from the sale of loans held for investment 1 514
Proceeds from the sale of premises and equipment 2 154
Purchases of premises and equipment (1,591) (1,238)
Principal disbursed on loans, net of repayments (129,388) (122,796)
Loans purchased (33,203) (9,569)
Purchase of securities available for sale (38,843)  
Purchase of securities held to maturity (3,200) (9,290)
Purchase of bank owned life insurance   (7,000)
Net cash received in acquisition 107  
Net cash from investing activities (138,576) (115,681)
Cash Flows from Financing Activities    
Net increase in checking, savings and money market accounts 44,937 50,404
Net (decrease) increase in certificates of deposit (7,637) 12,244
Net decrease in advance payments by borrowers for taxes and insurance (6,416) (5,544)
Net change in short-term FHLB advances 126,000 76,000
Repayments of repurchase agreements and other borrowed funds (18) (18)
Proceeds from the exercise of stock options 462 26
Dividends paid (3,776) (2,179)
Purchase of treasury stock (9,571) (9,632)
Net cash from financing activities 143,981 121,301
Change in cash and cash equivalents 8,038 11,700
Cash and cash equivalents, beginning of period 35,910 32,980
Cash and cash equivalents, end of period $ 43,948 $ 44,680