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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net income $ 12,046 $ 8,095
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 850 1,000
Depreciation expense 1,505 1,321
Net amortization of investment securities, premiums, and discounts 1,023 1,121
Change in fair value of mortgage servicing rights 543 40
Investment securities (loss) gain, net 40 (256)
Loss on sales and dispositions of premises and equipment 53 3
Gain on sales and dispositions of other real estate (102) 0
Gain on branch sale, net (2,183) 0
Provision for other real estate owned 49 26
Operating lease payment (140) 0
Increase in accrued interest receivable (53) (357)
Increase in cash surrender value - life insurance (65) (51)
Decrease in other assets 878 849
(Decrease) increase in accrued interest payable (15) 436
Decrease in other liabilities (1,466) (1,038)
Origination of mortgage loans for sale (29,443) (29,197)
Proceeds from the sale of mortgage loans 28,275 30,049
Gain on sale of mortgage loans, net (499) (592)
Other, net (187) (199)
Net cash provided by operating activities 11,109 11,250
Cash flows from investing activities:    
Purchase of certificates of deposit in other banks (988) (8,783)
Proceeds from maturities of certificates of deposit in other banks 1,634 0
Net increase in loans (3,959) (48,675)
Purchase of available-for-sale debt securities (20,423) (102,953)
Proceeds from maturities of available-for-sale debt securities 29,460 25,782
Proceeds from calls of available-for-sale debt securities 9,620 1,685
Proceeds from sales of available-for-sale debt securities 21,503 77,168
Purchases of FHLB stock (6,522) (2,367)
Proceeds from sales of FHLB stock 5,988 3,903
Purchases of premises and equipment (1,903) (1,374)
Proceeds from sales of premises and equipment 6 13
Proceeds from Bank owned life insurance policy 222 0
Payment for branch sale, net (6,700) 0
Proceeds from sales of other real estate and repossessed assets 1,277 372
Net cash provided by (used in) investing activities 29,215 (55,229)
Cash flows from financing activities:    
Net increase in demand deposits 27,285 11,996
Net (decrease) increase in interest-bearing transaction accounts (60,433) 24,748
Net (decrease) increase in time deposits (17,284) 20,178
Net increase in federal funds purchased and securities sold under agreements to repurchase 2,544 5,100
Repayment of FHLB advances and other borrowings (166,647) (173,619)
FHLB advances 178,474 130,950
Issuance of stock under equity compensation plan 0 135
Purchase of treasury stock 0 (179)
Cash dividends paid - common stock (1,931) (1,390)
Net cash (used in) provided by financing activities (37,992) 17,919
Net increase (decrease) in cash and cash equivalents 2,332 (26,060)
Cash and cash equivalents, beginning of year 42,083 62,878
Cash and cash equivalents, end of year 44,415 36,818
Cash paid during the year for:    
Interest 11,891 9,058
Income taxes 2,280 50
Noncash investing and financing activities:    
Other real estate and repossessed assets acquired in settlement of loans 411 589
Net deposits and fixed assets transferred to other assets related to the Branson branch sale (8,885) 0
Right of use assets obtained in exchange for new operating lease liabilities 2,424 0
Stock dividends $ 5,795 $ 5,014