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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
NET INCOME $ 22,352 $ 20,700
Adjustments to Reconcile Net Income to Net Cash from Operating Activities:    
Net Amortization on Securities 1,869 1,510
Depreciation and Amortization 3,254 3,611
Loans Originated for Sale (111,296) (70,603)
Proceeds from Sales of Loans Held-for-Sale 113,472 73,696
Provision for Loan Losses 0 550
Gain on Sale of Loans, net (2,364) (1,475)
Gain on Securities, net (725) (1,039)
Loss (Gain) on Sales of Other Real Estate and Repossessed Assets 53 (46)
Loss (Gain) on Disposition and Donation of Premises and Equipment 389 28
Increase in Cash Surrender Value of Company Owned Life Insurance (454) (631)
Equity Based Compensation 737 482
Change in Assets and Liabilities:    
Interest Receivable and Other Assets 2,278 (4,708)
Interest Payable and Other Liabilities (412) 2,214
Net Cash from Operating Activities 29,153 24,289
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from Maturities, Calls, Redemptions of Securities Available-for-Sale 71,026 62,892
Proceeds from Sales of Securities Available-for-Sale 18,999 52,711
Purchase of Securities Available-for-Sale (82,711) (74,247)
Proceeds from Maturities of Securities Held-to-Maturity 89 84
Purchase of Federal Home Loan Bank Stock (1,127) (92)
Purchase of Loans (1,852) (1,750)
Loans Made to Customers, net of Payments Received (64,708) (49,436)
Proceeds from Sales of Other Real Estate 983 1,831
Property and Equipment Expenditures (886) (2,492)
Proceeds from Sales of Property and Equipment 0 23
Net Cash from Investing Activities (60,187) (10,476)
CASH FLOWS FROM FINANCING ACTIVITIES    
Change in Deposits 24,085 (47,658)
Change in Short-term Borrowings (1,993) 66,977
Advances in Long-term Debt 75,000 20,321
Repayments of Long-term Debt (40,111) (20,095)
Issuance of Common Stock 52 50
Employee Stock Purchase Plan 447 (37)
Dividends Paid (6,754) (6,336)
Net Cash from Financing Activities 50,726 13,222
Net Change in Cash and Cash Equivalents 19,692 27,035
Cash and Cash Equivalents at Beginning of Year 42,446 60,132
Cash and Cash Equivalents at End of Period 62,138 87,167
Cash Paid During the Year for    
Interest 4,610 4,650
Income Taxes 6,219 7,192
Supplemental Non Cash Disclosures    
Loans Transferred to Other Real Estate 864 1,277
Securities Sold Pending Settlement $ 0 $ (3,323)