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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash Flows from Operating Activities:      
Net Income $ 29,326 $ 26,534 $ 24,662
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:      
Provision for Loan Losses 2,736 2,033 1,347
Depreciation and Amortization 5,398 5,940 6,293
Allocation of ESOP Stock 353 1,122 495
Gains on the Sale of Securities Available-for-Sale (134) (317) (172)
Losses on the Sale of Securities Available-for-Sale 582 339 43
Loans Originated and Held-for-Sale (17,468) (23,787) (20,731)
Proceeds from the Sale of Loans Held-for-Sale 18,171 24,422 21,524
Net Gains on the Sale of Loans (546) (821) (692)
Net Losses on the Sale or Write-down of Premises and Equipment, Other Real Estate Owned and Repossessed Assets 210 232 297
Net Gain on the Sale of a Subsidiary 0 0 (204)
Contributions to Pension & Postretirement Plans (792) (690) (3,858)
Deferred Income Tax (Benefit) Expense (1,530) (283) 1,036
Shares Issued Under the Directors’ Stock Plan 233 205 227
Stock-Based Compensation Expense 351 287 308
Tax Benefit from Exercise of Stock Options 112 0 0
Net (Increase) in Other Assets (157) (1,598) (1,147)
Net Increase (Decrease) in Other Liabilities 982 1,077 (502)
Net Cash Provided By Operating Activities 37,827 34,695 28,926
Cash Flows from Investing Activities:      
Proceeds from the Sale of Securities Available-for-Sale 107,175 97,930 66,551
Proceeds from the Maturities and Calls of Securities Available-for-Sale 53,863 88,719 93,817
Purchases of Securities Available-for-Sale (117,262) (134,950) (201,820)
Proceeds from the Maturities and Calls of Securities Held-to-Maturity 49,244 56,461 48,409
Purchases of Securities Held-to-Maturity (40,851) (82,433) (68,210)
Net Increase in Loans (200,600) (182,065) (164,710)
Proceeds from the Sales or Write-down of Premises and Equipment, Other Real Estate Owned and Repossessed Assets 1,408 1,991 1,901
Purchase of Premises and Equipment (2,602) (1,441) (1,621)
Proceeds from the Sale of a Subsidiary, Net 96 72 132
Net (Increase) Decrease in Federal Home Loan Bank Stock 963 (2,073) (3,988)
Purchase of Bank Owned Life Insurance 0 0 0
Net Cash Used In Investing Activities (148,566) (157,789) (229,539)
Cash Flows from Financing Activities:      
Net Increase in Deposits 128,569 86,123 127,475
Net Increase (Decrease) in Short-Term Federal Home Loan Bank Borrowings (18,000) 41,000 41,000
Net Increase in Short-Term Borrowings 29,130 12,663 3,752
Federal Home Loan Bank Advances 0 0 55,000
Repayments of Federal Home Loan Bank Advances 0 0 (10,000)
Purchase of Treasury Stock (3,248) (2,141) (1,498)
Shares Issued for Stock Option Exercises, net 1,190 2,404 918
Shares Issued Under the Employee Stock Purchase Plan 496 493 494
Tax Benefit for Exercises of Stock Options 0 188 59
Shares Issued for Dividend Reinvestment Plans 1,684 1,743 886
Cash Dividends Paid (13,599) (13,092) (12,700)
Net Cash Provided By Financing Activities 126,222 129,381 205,386
Net Increase (Decrease) in Cash and Cash Equivalents 15,483 6,287 4,773
Cash and Cash Equivalents at Beginning of Year 57,355 51,068 46,295
Cash and Cash Equivalents at End of Year 72,838 57,355 51,068
Supplemental Disclosures to Statements of Cash Flow Information:      
Interest on Deposits and Borrowings 6,957 5,341 4,856
Income Taxes 11,454 11,961 9,357
Non-cash Investing and Financing Activity:      
Transfer of Loans to Other Real Estate Owned and Repossessed Assets $ 1,779 $ 1,876 $ 3,046