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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
NET INCOME $ 29,055 $ 25,119
Adjustments to Reconcile Net Income to Net Cash from Operating Activities:    
Net Amortization on Securities 2,591 2,794
Depreciation and Amortization 3,496 3,366
Loans Originated for Sale (95,278) (95,244)
Proceeds from Sales of Loans Held-for-Sale 104,639 95,765
Provision for Loan Losses 1,100 1,200
Gain on Sale of Loans, net (2,598) (2,607)
Gain on Securities, net (575) (1,426)
Loss (Gain) on Sales of Other Real Estate and Repossessed Assets (8) (95)
Loss on Disposition and Donation of Premises and Equipment 873 5
Increase in Cash Surrender Value of Company Owned Life Insurance (1,089) (769)
Equity Based Compensation 941 796
Change in Assets and Liabilities:    
Interest Receivable and Other Assets (1,985) 4,805
Interest Payable and Other Liabilities 2,656 (911)
Net Cash from Operating Activities 43,818 32,798
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of Other Short-term Investments 0 (1,000)
Proceeds from Maturity of Other Short-term Investments 0 1,248
Proceeds from Maturities, Calls, Redemptions of Securities Available-for-Sale 61,763 74,179
Proceeds from Sales of Securities Available-for-Sale 48,343 141,451
Purchase of Securities Available-for-Sale (129,760) (166,857)
Proceeds from Maturities of Securities Held-to-Maturity 0 95
Purchase of Federal Home Loan Bank Stock 0 (1,350)
Purchase of Loans (211) (5,608)
Proceeds from Sales of Loans 0 1,063
Loans Made to Customers, net of Payments Received (97,976) (116,801)
Proceeds from Sales of Other Real Estate 912 1,071
Property and Equipment Expenditures (7,277) (2,855)
Proceeds from Sales of Property and Equipment 2 0
Acquisition of River Valley Bancorp 0 (793)
Net Cash from Investing Activities (124,204) (76,157)
CASH FLOWS FROM FINANCING ACTIVITIES    
Change in Deposits 75,211 98,036
Change in Short-term Borrowings (20,354) (19,189)
Advances in Long-term Debt 75,000 0
Repayments of Long-term Debt (50,834) (24,883)
Payments for Common Stock (29)  
Issuance of Common Stock   54
Dividends Paid (8,862) (7,884)
Net Cash from Financing Activities 70,132 46,134
Net Change in Cash and Cash Equivalents (10,254) 2,775
Cash and Cash Equivalents at Beginning of Year 64,816 52,009
Cash and Cash Equivalents at End of Period 54,562 54,784
Cash Paid During the Period for    
Interest 7,823 6,201
Income Taxes 10,661 7,064
Supplemental Non Cash Disclosures    
Loans Transferred to Other Real Estate 1,230 55
Reclassification of Land to Other Assets $ 330 $ 0