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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
OPERATING ACTIVITIES    
Net income $ 6,424 $ 7,771
Reconciliation of net income to net cash provided by operating activities:    
Provision for loan losses 168 (1,261)
Impairment of foreclosed assets 0 22
Depreciation 1,438 1,272
Amortization of OMSR 165 186
Amortization of acquisition intangibles 87 76
Net amortization of AFS securities 1,427 986
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, before Tax 245 0
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax 245 0
Available-for-sale Securities, Gross Realized Gain (Loss) (245) 0
Net gain on sale of mortgage loans (209) (315)
Increase in cash value of corporate owned life insurance policies (383) (382)
Share-based payment awards under equity compensation plan 273 259
Proceeds from loan sales (10,810) (25,231)
Proceeds from loan sales 10,925 25,418
Net changes in operating assets and liabilities which provided (used) cash:    
Accrued interest receivable 478 382
Other assets (667) (1,765)
Accrued interest payable and other liabilities (238) 126
Net cash provided by (used in) operating activities 8,833 7,544
Activity in AFS securities    
Sales 35,664 0
Maturities and calls 58,145 42,200
Purchases (26,222) (73,134)
Net loan principal (originations) collections (69,186) 4,071
Proceeds from sales of foreclosed assets 288 799
Purchases of premises and equipment (1,351) (1,546)
Purchases of corporate owned life insurance policies 0 (500)
Proceeds from Life Insurance Policies 1,004 0
Net cash provided by (used in) investing activities (1,658) (28,110)
FINANCING ACTIVITIES    
Net increase (decrease) in deposits (7,693) 15,985
Increase in other borrowed funds 8,864 17,890
Cash dividends paid on common stock (3,744) (3,557)
Proceeds from issuance of common stock 2,489 2,192
Common stock repurchased (1,462) (1,704)
Common stock purchased for deferred compensation obligations (164) (165)
Net cash provided by (used in) financing activities (1,710) 30,641
Increase (decrease) in cash and cash equivalents 5,465 10,075
Cash and cash equivalents at beginning of period 21,569 19,906
Cash and cash equivalents at end of period 27,034 29,981
SUPPLEMENTAL CASH FLOWS INFORMATION:    
Interest paid 5,286 5,042
Federal income taxes paid 600 2,143
SUPPLEMENTAL NONCASH INFORMATION:    
Transfers of loans to foreclosed assets $ 116 $ 809