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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 12,181 $ 9,682
Adjustments to reconcile net income to net cash provided by operating activities:    
Net amortization (accretion) of premiums and discounts on investments 1,462 900
Provision for loan losses 2,690 1,470
Securities (gains) losses (194) 4
(Gain) loss on sale of other real estate 23 8
Recovery of security for previously written off OTTI 0 0
Restricted stock compensation 204 201
Depreciation and amortization 1,400 1,000
Other, net 8,611 1,185
NET CASH FROM OPERATING ACTIVITIES 25,679 14,030
CASH FLOWS FROM INVESTING ACTIVITIES:    
Calls, maturities and principal reductions on securities available-for-sale 46,517 27,321
Purchases of securities available-for-sale (63,516) (16,214)
Increase (Decrease) in Federal Funds Sold 7,499 (2,000)
Loans made to customers, net of repayment 33,764 (30,828)
Proceeds from Sale of Restricted Investments 0 0
Payments to Acquire Restricted Investments (6) (22)
Proceeds from sales of other real estate owned 44 13
Additions to premises and equipment (1,557) (309)
NET CASH FROM INVESTING ACTIVITIES 50,349 (22,039)
Payments to Acquire Businesses, Net of Cash Acquired 0 0
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net change in deposits 16,281 (17,171)
Proceeds from (Payments for) in Securities Sold under Agreements to Repurchase 3,665 (13,008)
Maturities of other borrowings (5,000) (92,000)
Proceeds from FHLBank Borrowings, Financing Activities 1,500 117,000
Purchase of treasury stock (1,724) (315)
Dividends paid (7,142) (6,258)
Net Cash Provided by (Used in) Financing Activities 7,580 (11,752)
NET CHANGE IN CASH AND CASH EQUIVALENTS 83,608 (19,761)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 127,426 74,388
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 211,034 $ 54,627