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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
NET INCOME $ 4,798 $ 2,211
Adjustments to reconcile net income to net cash from operating activities:    
Provision for loan losses 780 450
Depreciation and amortization 904 467
Net amortization of securities 530 363
Security gains 0 (10)
Stock compensation expense 201 58
Loss on sale of other real estate owned 200 13
Earnings on bank owned life insurance (212) (139)
Origination of loans held for sale (12,885) (3,509)
Proceeds from loans held for sale 14,568 3,997
Net gains on sale of loans (402) (123)
Net change in other assets and liabilities (5,983) (2,913)
NET CASH FROM OPERATING ACTIVITIES 2,499 865
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from maturities and repayments of securities available for sale 12,013 11,420
Proceeds from sales of securities available for sale 10 40,913
Purchases of securities available for sale (1,977) (23,182)
Loan originations and payments, net (19,192) (10,413)
Proceeds from sale of other real estate owned 375 113
Purchase of bank owned life insurance 0 (6,000)
Additions to premises and equipment (281) (189)
NET CASH FROM INVESTING ACTIVITIES (9,052) 12,662
CASH FLOWS FROM FINANCING ACTIVITIES    
Net change in deposits 36,835 (6,295)
Net change in short-term borrowings (50,215) 3,082
Repayment of long-term borrowings (216) (25,261)
New advances for long-term borrowings 0 15,000
Cash dividends paid (1,078) (552)
Repurchase of common shares (168) 0
NET CASH FROM FINANCING ACTIVITIES (14,842) (14,026)
NET CHANGE IN CASH AND CASH EQUIVALENTS (21,395) (499)
Beginning cash and cash equivalents 56,014 27,428
Ending cash and cash equivalents 34,619 26,929
Supplemental cash flow information:    
Interest paid 974 1,031
Income taxes paid 1,000 300
Supplemental noncash disclosures:    
Transfer of loans to other real estate 188 122
Security purchases not settled $ 0 $ 7,298