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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash Flows from Operating Activities    
Net income $ 13,723 $ 3,662
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,058 851
Provision for loan losses 1,250 500
Share-based compensation expense 193 184
Deferred income tax benefit (193) (157)
Loans originated for sale (7,764) (7,948)
Proceeds from sale of loans 7,775 7,220
Gain (Loss) on Sales of Loans, Net (146) (149)
Realized securities gains, net (819) (32)
Gain on disposal of assets (16) (80)
Write-downs of foreclosed properties 420 447
Amortization of securities premiums, net 1,872 2,054
Amortization (accretion) related to acquisitions, net (310) (573)
Amortization of intangibles 848 526
Earnings on cash surrender value of bank owned life insurance (574) (538)
Increase in accrued interest receivable (96) (343)
Increase in other assets (1,210) (371)
Increase (decrease) in other liabilities 1,358 (1,634)
Net cash provided by operating activities 17,369 3,619
Cash Flows from Investing Activities    
Proceeds from maturities and calls of securities available for sale 1,050 2,010
Proceeds from sales of securities available for sale 69,235 111,176
Principal payments received on securities available for sale 13,393 16,355
Purchases of securities available for sale (44,243) (97,230)
Purchases of other investments (5,938) (10,879)
Proceeds from redemptions of other investments 7,397 9,830
Net loan originations (26,200) (4,609)
Purchases of premises and equipment (2,866) (4,175)
Proceeds from Sale of Property, Plant, and Equipment 12 0
Proceeds from sales of repossessed assets & property held for sale 1,225 3,375
Cash Acquired from Acquisition 0 39,053
Net cash provided by investing activities 13,065 64,906
Cash Flows from Financing Activities    
Net increase (decrease) in demand deposit, NOW and savings accounts 25,848 (6,279)
Net increase (decrease) in time deposits 13,661 (25,763)
Net decrease in short-term borrowings (48,071) (26,043)
Repayment of long-term borrowings (25,008) (910)
Net proceeds from issuance of common stock 126 (90)
Proceeds from Stock Options Exercised 4 12
Dividends paid on common stock (3,214) (2,532)
Net cash used in financing activities (36,654) (61,605)
(Decrease) increase in cash and cash equivalents (6,220) 6,920
Cash and cash equivalents:    
Beginning 52,631 [1] 46,616
Ending 46,411 53,536
Cash payments for:    
Interest 11,713 8,388
Income taxes 4,066 2,621
Supplemental Disclosures of Noncash Investing and Financing Activities    
Real property and other assets acquired in settlement of loans 906 188
Noncash or Part Noncash Acquisition, Other Assets Acquired 0 350,894
Noncash or Part Noncash Acquisition, Other Liabilities Assumed $ 0 $ 361,045
[1] Derived from audited consolidated financial statements