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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities    
Net income $ 3,448,000 $ 1,643,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for loan losses 1,557,000
Write down of other real estate owned 521,000 298,000
Depreciation and amortization 2,816,000 2,126,000
Stock based compensation 562,000 441,000
Gain on sale of investment securities (656,000) (73,000)
Impairment charges on investment securities 7,000 3,000
Amortization of premiums on investment securities 1,172,000 635,000
Accretion of discounts on retained SBA loans (1,057,000) (754,000)
Fair value adjustments on SBA servicing assets 894,000 597,000
Proceeds from sales of SBA loans originated for sale 48,031,000 27,999,000
SBA loans originated for sale (43,016,000) (24,128,000)
Gains on sales of SBA loans originated for sale (4,212,000) (2,684,000)
Proceeds from sales of mortgage loans originated for sale 79,029,000
Mortgage loans originated for sale (82,240,000)
Gains on sales of mortgage loans originated for sale (2,783,000)
Amortization of intangible assets 17,000
Increase in accrued interest receivable and other assets (704,000) (3,302,000)
Decrease in accrued interest payable and other liabilities (396,000) (712,000)
Net cash provided by operating activities 2,990,000 2,089,000
Cash flows from investing activities    
Purchase of investment securities available for sale (117,812,000) (57,807,000)
Purchase of investment securities held to maturity (69,792,000) (85,246,000)
Proceeds from the sale of securities available for sale 78,582,000 6,672,000
Proceeds from the paydowns, maturity, or call of securities available for sale 26,295,000 26,397,000
Proceeds from the paydowns, maturity, or call of securities held to maturity 21,106,000 12,768,000
Redemption (purchase) of restricted stock 1,693,000 (22,000)
Net increase in loans (70,006,000) (77,027,000)
Net proceeds from sale of other real estate owned 1,387,000 792,000
Net cash paid in acquisition (5,913,000)
Premises and equipment expenditures (12,122,000) (12,190,000)
Net cash used in investing activities (146,582,000) (185,663,000)
Cash flows from financing activities    
Net proceeds from exercise of stock options 226,271 1,345
Net increase in demand, money market and savings deposits 291,385,000 165,565,000
Net increase (decrease) in time deposits 41,549,000 (299,000)
Decrease in short-term borrowings (66,666,000)
Net cash provided by financing activities 266,494,000 165,267,000
Net increase (decrease) in cash and cash equivalents 122,902,000 (18,307,000)
Cash and cash equivalents, beginning of year 27,139,000 128,826,000
Cash and cash equivalents, end of period 150,041,000 110,519,000
Supplemental disclosures    
Interest paid 5,011,000 3,944,000
Income taxes paid 90,000
Non-cash transfers from loans to other real estate owned $ 616,000 $ 11,148,000