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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net income $ 13,967 $ 14,761
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 1,786 1,678
Deferred income tax (benefit) expense (496) 1,877
Provision (Credit) for loan losses 561 (2,011)
Net investment securities (gains) losses (413) 1,005
Net amortization of premiums on investment securities 3,428 3,059
Earnings from CSV of bank-owned life insurance (1,019) (924)
Stock-based compensation expense 350 350
Prepayment fees on Federal Home Loan Bank advances   955
Loss on disposal of premises and equipment 5 3
Loss (gain) on the sale of other real estate 24 (116)
Provision for other real estate valuation allowance 84 14
Gain on sales of loans (6,156) (5,319)
Real estate loans originated for sale (180,985) (181,560)
Proceeds from sales of real estate loans 193,678 172,906
Decrease (increase) in accrued interest receivable 839 (385)
Decrease (increase) in other assets 1,168 (1,338)
Increase in accrued interest payable and other liabilities 479 1,019
Net cash provided by operating activities 27,300 5,974
Cash flows from investing activities:    
Proceeds from sales of available-for-sale securities 95,718 110,635
Proceeds from maturities and calls of available-for-sale securities 108,812 74,508
Purchase of available-for-sale securities (164,381) (238,725)
Proceeds from redemption of FHLB stock   500
Purchase of FHLB stock (309) (463)
Net (increase) decrease in loans (28,505) 2,407
Purchase of bank-owned life insurance   (5,000)
Additions to premises and equipment (327) (1,636)
Proceeds from sale of other real estate 279 1,068
Proceeds from sale of premises and equipment   137
Net cash provided by (used in) investing activities 11,287 (56,569)
Cash flows from financing activities:    
Net increase in deposits 25,256 77,116
Net decrease in securities sold under repurchase agreements (15,134) (10,045)
Payments of Federal Home Loan Bank advances   (8,955)
Advances from Federal Home Loan Bank 5,000 10,000
Purchase of treasury stock (139) (11)
Payment of cash dividends (3,245) (3,035)
Proceeds from stock options exercised 1,999  
Tax benefit from stock-based compensation 102 46
Proceeds from directors' stock purchase plan 49 45
Net cash provided by financing activities 13,888 65,161
Net increase in cash and cash equivalents 52,475 14,566
Cash and cash equivalents at beginning of period 42,917 35,995
Cash and cash equivalents at end of period 95,392 50,561
Supplemental disclosures of cash paid during the period for:    
Interest 6,086 6,443
Income taxes 6,040 5,181
Supplemental information on noncash investing activities:    
Loans transferred to other real estate owned $ 303 611
Loans provided for sales of other real estate owned   $ 392