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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net income $ 18,336 $ 14,514
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation 1,404 1,165
Provision for loan losses 3,300 200
Net loss (gain) on sale and write down of other real estate owned 16 (5)
Amortization of loan servicing rights 132 158
Loans originated for sale, including participations (9,506) (10,812)
Net gain on sales of loans (350) (364)
Proceeds from sale of loans, including participations 11,499 13,066
Net loss on sales of premises and equipment 2 0
Net loss (gain) on sales and calls of securities available for sale [1] 6 (3) [2]
Net securities amortization 749 715
Stock based compensation expense 1,411 1,559
Earnings on life insurance (363) (471)
Gain on life insurance (201) 0
Tax benefit of stock option exercises (761) (924)
Net change:    
Interest receivable and other assets (2,130) (301)
Interest payable and other liabilities 2,395 2,263
Total adjustments 7,603 6,246
Net cash from operating activities 25,939 20,760
Cash flows from investing activities:    
Proceeds from sale of securities available for sale 12,322 16,811
Proceeds from maturities, calls and principal paydowns of securities available for sale 12,659 14,109
Purchases of securities available for sale (53,841) (52,763)
Purchase of life insurance (258) (446)
Net increase in total loans (32,003) (61,496)
Proceeds from sales of land, premises and equipment 1 0
Purchases of land, premises and equipment (678) (2,285)
Proceeds from sales of other real estate 12 42
Proceeds from life insurance 564 0
Net cash from investing activities (61,222) (86,028)
Cash flows from financing activities    
Net increase in total deposits 90,833 101,485
Net increase in short-term borrowings 24,064 89,731
Payments on long-term borrowings (80,030) (175,002)
Common dividends paid (5,545) (4,771)
Payments related to equity incentive plans (2,483) (1,652)
Purchase of treasury stock (185) (220)
Net cash from financing activities 26,654 9,571
Net change in cash and cash equivalents (8,629) (55,697)
Cash and cash equivalents at beginning of the period 176,180 167,280
Cash and cash equivalents at end of the period 167,551 111,583
Cash paid during the period for:    
Interest 8,672 5,841
Income taxes 0 4
Supplemental non-cash disclosures:    
Securities purchases payable $ 3,081 $ 2,073
[1] Not within scope of ASC 606
[2] The Company elected the modified retrospective approach of adoption; therefore, prior period