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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 $ 7,856 $ 6,452
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 405 100
Depreciation and amortization 1,078 1,089
Amortization of investment security premiums and accretion of discounts, net 603 581
Amortization of deferred loan costs 326 231
Amortization of core deposit intangible 102  
Stock based compensation 166 65
Deferred (gain) on sale of premises (258) (258)
Equity in losses of real estate limited partnership, net (786) (564)
Increase in cash surrender value of bank owned life insurance (108) (121)
Changes in assets and liabilities:    
Net change in interest receivable 660 652
Net change in other assets 355 1,776
Net change in interest payable (86) (54)
Net change in other liabilities 1,131 359
Net cash provided by operating activities 13,016 11,436
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturities of investment securities available for sale 23,575 21,696
Proceeds from maturities of investment securities held to maturity 8,855 9,351
Purchases of investment securities available for sale (15,277) (78,648)
Loan originations in excess of principal payments 18,472 (21,575)
Purchases of Federal Home Loan Bank stock, net (3,239)  
Real estate limited partnership investments (827) (1,266)
Purchases of bank premises and equipment (100) (827)
Net cash (used in) investing activities 31,459 (71,269)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net change in deposits (98,109) 38,053
Net increase (decrease) in securities sold under agreement to repurchase and other short-term borrowing (31,719) (88,505)
Principal issued (payments) on long-term debt (1,544) (41)
Cash dividends paid (3,842) (3,545)
Increase (decrease) in deferred compensation arrangements 299 157
Tax benefit from exercise of stock options and distribution of shares in deferred compensation arrangements (221) (100)
Net cash (used in) by financing activities (135,136) (53,981)
Increase (decrease) in cash and cash equivalents (90,661) (113,814)
Cash and cash equivalents beginning of period 150,183 154,459
Cash and cash equivalents end of period 59,522 40,645
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Total interest payments 2,348 2,134
Total income tax payments 366  
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES    
Distribution of stock under deferred compensation arrangements $ 559 514
Non-cash exercise of stock options   $ 626