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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating Activities      
Net income $ 49,438 $ 38,323 $ 35,542
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses 1,250 1,705 1,625
Depreciation expense 8,198 7,289 6,410
Amortization of mortgage servicing rights 1,352 1,510 1,313
Recovery of valuation allowance on mortgage servicing rights (75)   (200)
Securities amortization, net 4,444 4,901 3,386
Amortization of purchased intangible assets 2,011 1,342 1,640
Earnings on cash surrender value of life insurance policies (1,778) (1,513) (1,236)
Gain on life insurance benefit (431)   (307)
Securities gains, net (84) (170) (386)
Gain on loans sold (6,467) (7,311) (5,553)
Loans originated for sale (232,027) (254,581) (236,928)
Proceeds from loan sales 243,179 256,946 243,230
Stock based compensation expense 1,036 1,145 843
Stock portion of director retainer fee expense 311 382 315
Gain on sale of foreclosed assets 262 268 68
Prepayment penalty on FHLB advance 214   2,364
Tax benefit on stock activity (528)    
Change in other assets and liabilities (3,863) (2,665) 1,402
Net cash provided by operating activities 65,918 47,035 53,392
Investing Activities      
Net change in short term investments (105)   (45)
Purchases of securities available for sale (216,333) (242,730) (345,783)
Proceeds from calls, maturities, and payments on securities available for sale 127,224 142,543 136,799
Proceeds from sales of securities available for sale 59,943 88,203 147,109
Loan originations and payments, net 11,628 (144,129) (176,184)
Purchases of premises and equipment (4,347) (14,068) (7,794)
Proceeds from sale of OREO 3,155 3,985 2,272
Proceeds from redemption of restricted stock 2,483 3,789 2,785
Purchase of restricted stock (5,168) (5,531) (231)
Proceeds from sale of portfolio loans     11,356
Proceeds from life insurance benefit 686   1,094
Cash received/(paid) from business acquisitions, net 2,845 (11,289) 57,083
Net cash used by investing activities (17,989) (179,227) (171,539)
Financing Activities      
Net change in deposits 29,861 15,401 83,428
Net change in other borrowings (86,067) 162,976 2,014
Proceeds from FHLB advances 211,000 420,000 700,000
Repayment of FHLB advances (168,690) (451,986) (647,289)
Proceeds from term debt   30,000  
Cash dividends on common stock (17,162) (14,296) (11,680)
Purchase of treasury shares (395) (1,045) (3,527)
Repayment on term debt (6,666) (11,667)  
Proceeds from exercise of stock options, including tax benefit 1,143 1,783 294
Net cash provided by financing activities (36,976) 151,166 123,240
Cash and Cash Equivalents, Period Increase (Decrease), Total 10,953 18,974 5,093
Cash and cash equivalents, beginning of period 86,552 67,578 62,485
Cash and cash equivalents, end of period 97,505 86,552 67,578
Supplemental cash flow information      
Interest paid 16,418 10,420 8,424
Income taxes paid 8,725 5,365 4,985
Supplemental non cash disclosure      
Loan balances transferred to foreclosed real estate $ 2,917 $ 1,965 1,475
Loan balances transferred to loans held for sale     $ 11,356