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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
NET INCOME $ 39,405 $ 29,565
Adjustments to reconcile net income to net cash provided by operating activities:    
Net amortization of premiums, discounts and deferred loan fees and costs 3,763 3,351
Depreciation and amortization 3,272 2,885
Amortization of intangible assets 489 532
Provision for loan and lease losses 4,872 3,848
Loans originated for sale (42,575) (61,566)
Proceeds from sales of loans held for sale 43,444 60,707
Gains on sales of securities (2,524) (370)
Gains on proceeds from bank owned life insurance policies (45) (864)
Gains on sales of loans held for sale (1,347) (1,598)
Gains on other real estate and other repossessed assets (527) (254)
(Gains) losses on sales of premises and equipment (850) 117
Long-term debt prepayment penalty 2,828  
Stock-based compensation 1,982 1,494
Excess tax benefits 582  
Increase in other assets (5,780) (8,194)
Increase in other liabilities 198 7,869
NET CASH PROVIDED BY OPERATING ACTIVITIES 47,187 37,522
CASH FLOWS FROM INVESTING ACTIVITIES:    
Net cash acquired in acquisitions   68,751
Proceeds from repayments and maturities of available for sale securities 68,852 58,911
Proceeds from repayments and maturities of held to maturity securities 33,345 24,369
Proceeds from sales of available for sale securities 4,500 15,654
Purchase of available for sale securities (113,770) (87,767)
Purchase of held to maturity securities (21,157) (49,022)
Purchase of bank owned life insurance (33,000)  
Death benefit proceeds from bank owned life insurance policy 148 2,129
Proceeds from redemptions of Federal Home Loan Bank stock 11,942 2,207
Purchases of Federal Home Loan Bank stock (9,626) (953)
Net increase in loans and leases (226,022) (254,307)
Proceeds from sales of other real estate and repossessed assets 3,972 2,051
Proceeds from dispositions and sales of premises and equipment 1,638 15
Purchases of premises and equipment (2,070) (2,851)
NET CASH USED IN INVESTING ACTIVITIES (281,248) (220,813)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in deposits 264,654 364,141
Increase (decrease) in federal funds purchased and securities sold under agreements to repurchase 77,606 (121,534)
Proceeds from other borrowings 276,212 14,921
Repayments of other borrowings (342,757) (59,000)
Net proceeds from issuance of subordinated debt   73,558
Exercise of stock options 313  
Issuance of stock   10
Retirement of restricted stock (773) (206)
Dividends paid (14,078) (11,741)
NET CASH PROVIDED BY FINANCING ACTIVITIES 261,177 260,149
Net increase in cash and cash equivalents 27,116 76,858
Cash and cash equivalents, beginning of period 175,801 118,493
CASH AND CASH EQUIVALENTS, END OF PERIOD 202,917 195,351
Supplemental schedule of non-cash investing and financing activities:    
Cash paid during the period for income taxes 18,908 15,168
Cash paid during the period for interest 18,649 11,957
Transfer of loans and leases into other repossessed assets and other real estate owned $ 3,542 2,732
Non-cash assets acquired:    
Federal Home Loan Bank stock   3,742
Investment securities held for maturity   10,810
Investment securities available for sale   7,474
Loans, including loans held for sale   579,300
Goodwill and other intangible assets, net   29,348
Other assets   32,353
Total non-cash assets acquired   663,027
Liabilities assumed:    
Deposits   (582,526)
Other borrowings   (66,622)
Other liabilities   (8,755)
Total liabilities assumed   (657,903)
Common stock issued and fair value of stock options converted to Lakeland Bancorp stock options   $ 73,874