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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash Flows from Operating Activities    
Net income $ 8,656 $ 8,556
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for loan losses 61 407
Mortgage banking income (597) (3,840)
Changes in fair value on loans held for sale (1,079) 2,482
Net losses on real estate owned and other repossessed assets sold 31 78
Net gain on available for sale securities sold (144) (139)
Net gain on trading securities sold and change in fair value (64)  
Amortization of premiums and accretion of discounts 1,436 1,251
Depreciation and amortization 737 681
Net change in interest receivable 207 575
Net change in interest payable 213 266
Net change in prepaid and other assets (8,371) 1
Net change in other liabilities 5,978 (1,926)
Stock based compensation 149 255
Net principal disbursed on loans originated for sale (62,434) (68,826)
Proceeds from sale of loans held for sale 77,122 73,983
Cash used in payment of operating leases (321)  
Net change in right of use asset (282)  
Net change in deferred tax assets 259 2,004
Net change in cash surrender value of life insurance (385) (434)
Net cash from operating activities 21,172 15,374
Cash Flows from Investing Activities    
Proceeds from the principal repayments and maturities of securities available for sale 1,964 2,587
Proceeds from the principal repayments and maturities of securities held to maturity 1,655 2,133
Proceeds from the sale of securities available for sale 17,145 4,661
Proceeds from the sale of real estate owned and other repossessed assets 397 172
Proceeds from the sale of loans held for investment 650  
Proceeds from redemption of FHLB stock 2,442  
Purchases of trading securities (238)  
Purchases of available for sale securities (11,321)  
Purchases of premises and equipment (810) (374)
Principal disbursed on loans, net of repayments (25,586) (53,773)
Loans purchased (14,286) (8,465)
Net cash from investing activities (27,988) (53,059)
Cash Flows from Financing Activities    
Net change in checking, savings and money market accounts 92,683 58,111
Net change in certificates of deposit (16,062) 52,228
Net change in advance payments by borrowers for taxes and insurance (7,650) (6,594)
Net change in short-term FHLB advances (39,000) (63,000)
Net change in repurchase agreements and other borrowed funds 30 36
Proceeds from the exercise of stock options 70 229
Dividends paid (3,432) (2,989)
Purchase of treasury stock (3,611) (475)
Net cash from financing activities 23,028 37,546
Change in cash and cash equivalents 16,212 (139)
Cash and cash equivalents, beginning of period 60,985 46,880
Cash and cash equivalents, end of period $ 77,197 $ 46,741