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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating Activities:    
Net Income $ 5,728 $ 4,901
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan and lease losses 1,320 865
Depreciation 1,238 1,082
Amortization of intangibles 103 66
Net amortization of security premiums 8,429 1,867
Gain on sales of investment securities (413) (315)
Earnings on cash surrender value of life insurance (200) (198)
SBA loans originated for sale (4,436) (2,915)
Proceeds from sales of SBA loans originated for sale 4,790 3,131
Gain on sale of loans (354) (216)
Loss on sale or write-down of foreclosed assets 158 64
Restricted stock compensation expense 34 19
Deferred income tax (37) (300)
(Increase) decrease in accrued interest receivable (219) 31
Decrease in other assets 483 882
Increase in accrued interest payable 358 224
Increase in other liabilities 2,766 1,322
Net Cash Provided By Operating Activities 19,748 10,510
Investing Activities:    
Net decrease in interest-bearing time deposits with other financial institutions 4,317 459
Proceeds from the maturity or call of investment securities 14,983 8,080
Proceeds from the sale of investment securities 49,635 33,962
Purchases of investment securities (108,431) (24,446)
Net cash received from acquisition   8,095
Redemptions (purchases) of restricted investment in bank stock 1,557 (229)
Net increase in loans and leases (52,517) (38,671)
Purchases of bank premises and equipment (570) (1,261)
Proceeds from sale of foreclosed assets 744 396
Net Cash Used In Investing Activities (90,282) (13,615)
Financing Activities:    
Net increase in deposits 161,174 13,990
Net (decrease) increase in short-term borrowings (31,596) 5,134
Common stock dividend paid (1,945) (1,278)
Employee Stock Purchase Plan 56 50
Long-term debt repayment (26,670) (5,168)
Net Cash Provided By Financing Activities 101,019 12,457
Net increase in cash and cash equivalents 30,485 9,352
Cash and cash equivalents, beginning of period 13,284 9,882
Cash and cash equivalents, end of period 43,769 19,234
Supplemental Disclosures of Cash Flow Information:    
Interest paid 3,607 3,173
Income taxes paid 990 930
Supplemental Noncash Disclosures:    
Loan transfers to foreclosed assets held for sale $ 218 885
Phoenix Bancorp Inc. [Member]    
Assets Acquired:    
Securities   11,331
Loans   110,363
Restricted stock   509
Property and equipment   1,792
Accrued interest receivable   388
Core deposit and other intangible assets   578
Bank-owned life insurance   3,673
Other assets   1,127
Assets acquired   129,761
Liabilities Assumed:    
Deposits   123,238
Accrued interest payable   32
Long-term debt   3,570
Other liabilities   876
Liabilities assumed   127,716
Equity Acquired:    
Preferred stock   1,750
Series B Preferred Stock [Member]    
Financing Activities:    
Preferred stock dividend paid   (263)
Series C Preferred Stock [Member]    
Financing Activities:    
Preferred stock dividend paid   $ (8)