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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flows From Operating Activities:    
Net income $ 19,907 $ 21,585
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision (credit) for loan losses 2,450 (35)
Credit provision for deferred income taxes (1,407) (39)
Depreciation and amortization of premises and equipment 2,081 2,028
Amortization of right-of-use asset - operating leases 1,091 1,058
Premium amortization on investment securities, net 690 586
Stock-based compensation expense 1,110 1,668
Accretion of cash surrender value on bank-owned life insurance (1,132) (1,087)
Pension expense (credit) (131) 202
Decrease in other liabilities (5,098) (1,820)
Other increases in assets (3,488) (340)
Net cash provided by operating activities 16,073 23,806
Available-for-sale securities:    
Proceeds from maturities and redemptions 54,761 52,816
Purchases (106,347) (18,596)
Held-to-maturity securities:    
Proceeds from maturities and redemptions   1,193
Purchases   (155)
Net decrease in loans 35,212 40,777
Net decrease in restricted stock 1,356 12,802
Purchases of premises and equipment, net (1,527) (1,567)
Net cash provided by (used in) investing activities (16,545) 87,270
Cash Flows From Financing Activities:    
Net increase in deposits 178,906 228,607
Net decrease in short-term borrowings (130,691) (287,761)
Proceeds from long-term debt 120,000 48,945
Repayment of long-term debt (17,500) (50,500)
Issuance of common stock, net of shares withheld (940) 807
Repurchase of common stock (5,937) (20,614)
Cash dividends paid (8,594) (8,702)
Net cash provided by (used in) financing activities 135,244 (89,218)
Net increase in cash and cash equivalents 134,772 21,858
Cash and cash equivalents, beginning of year 38,968 47,358
Cash and cash equivalents, end of period 173,740 69,216
Supplemental Cash Flow Disclosures:    
Cash paid for interest 17,644 22,140
Cash paid for income taxes 4,427 4,327
Operating cash flows from operating leases 1,311 1,257
Noncash investing and financing activities:    
Right-of-use assets obtained in exchange for operating lease liabilities 423 16,483
Cash dividends payable $ 4,293 $ 4,198