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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
NET INCOME $ 41,320 $ 43,402
Adjustments to Reconcile Net Income to Net Cash from Operating Activities:    
Net Amortization on Securities 4,097 2,845
Depreciation and Amortization 7,043 6,364
Loans Originated for Sale (230,399) (143,041)
Proceeds from Sales of Loans Held-for-Sale 226,237 131,921
Provision for Credit Losses 15,550 3,725
Gain on Sale of Loans, net (7,378) (3,660)
Gain on Securities, net (2,190) (984)
Gain on Sales of Other Real Estate and Repossessed Assets (48) 0
Loss on Disposition and Donation of Premises and Equipment 127 0
Loss (Gain) on Disposition of Land 30 (352)
Increase in Cash Surrender Value of Company Owned Life Insurance (1,092) (1,034)
Equity Based Compensation 813 927
Change in Assets and Liabilities:    
Interest Receivable and Other Assets (6,046) 94
Interest Payable and Other Liabilities 8,114 5,581
Net Cash from Operating Activities 56,178 45,788
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from Maturity of Other Short-term Investments 496 496
Proceeds from Maturities of Securities Available-for-Sale 139,679 78,134
Proceeds from Sales of Securities Available-for-Sale 74,693 75,299
Purchase of Securities Available-for-Sale (378,503) (119,010)
Proceeds from Redemption of Federal Home Loan Bank Stock 800 1,145
Purchase of Loans 0 (657)
Loans Made to Customers, net of Payments Received (138,132) 24,832
Proceeds from Sales of Other Real Estate 316 369
Property and Equipment Expenditures (5,162) (5,619)
Proceeds from Sale of Land 612 1,022
Proceeds from Life Insurance 1,082 1,019
Acquisition of Citizens First Corporation 0 5,545
Net Cash from Investing Activities (304,119) 62,575
CASH FLOWS FROM FINANCING ACTIVITIES    
Change in Deposits 550,003 (11,975)
Change in Short-term Borrowings (94,756) (123,651)
Advances in Long-term Debt 0 90,000
Repayments of Long-term Debt (40,604) (57,134)
Issuance (Repurchase) of Common Stock (5,779) 6
Dividends Paid (15,114) (13,025)
Net Cash from Financing Activities 393,750 (115,779)
Net Change in Cash and Cash Equivalents 145,809 (7,416)
Cash and Cash Equivalents at Beginning of Year 103,884 96,550
Cash and Cash Equivalents at End of Period 249,693 89,134
Cash Paid During the Period for    
Interest 16,796 22,450
Income Taxes 8,000 7,039
Supplemental Non Cash Disclosures    
Loans Transferred to Other Real Estate 0 708
Reclassification of Land and Buildings to Other Assets 0 1,471
Right of Use Asset Obtained in Exchange for Lease Liabilities $ 0 $ 9,034