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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
NET INCOME $ 14,934 $ 14,631
Adjustments to Reconcile Net Income to Net Cash from Operating Activities:    
Net Amortization on Securities 1,884 1,225
Depreciation and Amortization 2,227 2,207
Loans Originated for Sale (53,059) (76,344)
Proceeds from Sales of Loans Held-for-Sale 60,430 73,482
Provision for Loan Losses 1,200 500
Gain on Sale of Loans, net (1,603) (1,533)
Gain on Securities, net (968) (725)
Loss on Sales of Other Real Estate and Repossessed Assets 1 37
Loss on Disposition and Donation of Premises and Equipment 5 29
Increase in Cash Surrender Value of Company Owned Life Insurance (502) (424)
Equity Based Compensation 528 509
Change in Assets and Liabilities:    
Interest Receivable and Other Assets 5,736 3,472
Interest Payable and Other Liabilities (2,307) (1,306)
Net Cash from Operating Activities 28,506 15,760
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of Other Short-term Investments (1,000) 0
Proceeds from Maturity of Other Short-term Investments 248 0
Proceeds from Maturities, Calls, Redemptions of Securities Available-for-Sale 46,809 50,842
Proceeds from Sales of Securities Available-for-Sale 105,339 18,999
Purchase of Securities Available-for-Sale (91,368) (61,954)
Proceeds from Maturities of Securities Held-to-Maturity 95 89
Purchase of Federal Home Loan Bank Stock (1,350) (1,082)
Purchase of Loans (4,488) (1,852)
Loans Made to Customers, net of Payments Received (74,838) (23,781)
Proceeds from Sales of Other Real Estate 869 800
Property and Equipment Expenditures (1,504) (499)
Acquisition of River Valley Bancorp (793) 0
Net Cash from Investing Activities (21,981) (18,438)
CASH FLOWS FROM FINANCING ACTIVITIES    
Change in Deposits 45,673 (16,988)
Change in Short-term Borrowings (24,888) 29,021
Advances in Long-term Debt 0 25,000
Repayments of Long-term Debt (20,096) (20,087)
Issuance of Common Stock 54 52
Dividends Paid (5,137) (4,499)
Net Cash from Financing Activities (4,394) 12,499
Net Change in Cash and Cash Equivalents 2,131 9,821
Cash and Cash Equivalents at Beginning of Year 52,009 42,446
Cash and Cash Equivalents at End of Period 54,140 52,267
Cash Paid During the Year for    
Interest 3,901 2,996
Income Taxes 5,133 2,976
Supplemental Non Cash Disclosures    
Loans Transferred to Other Real Estate $ 10 $ 798