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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating activities:      
Net income $ 18,020 $ 6,572 $ 13,459
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 3,220 2,771 2,666
Deferred income taxes 632 9,405 (23)
Provision for loan losses 11,006 16,435 18,040
Provision for indemnifications 52 186 290
Provision for other real estate owned losses     135
Share-based compensation 1,345 1,451 1,218
Pension expense 403 627 656
Pension contribution (3,000) (1,500) (1,000)
Net accretion of certain acquisition-related discounts (3,034) (1,706) (3,106)
Accretion of discounts and amortization of premiums on securities, net 1,783 1,676 1,456
Amortization of intangible assets 451 676 754
Net realized gains on calls of securities available for sale (10) (10) (52)
Net realized losses (gains) on sales of other real estate owned 2 (10) (134)
Net realized gains on sale of corporate premises and equipment (204) (45) (246)
Income from bank-owned life insurance (424) (433) (927)
Origination of loans held for sale (699,028) (744,780) (674,317)
Proceeds from sales of loans held for sale 720,358 749,976 674,410
Gains on sales of loans held for sale (7,841) (8,553) (8,120)
Change in other assets and liabilities:      
Accrued interest receivable 153 (328) (432)
Other assets 3,481 (3,900) (1,558)
Accrued interest payable 82 135 5
Other liabilities (325) (2,870) 3,803
Net cash provided by operating activities 47,122 25,775 26,977
Investing activities:      
Proceeds from maturities and calls of securities available for sale and payments on mortgage-backed securities 51,067 41,520 57,355
Purchases of securities available for sale (51,322) (53,461) (52,547)
Net proceeds from sales (purchases) of restricted stock 51 (40) (58)
Purchases of loans held for investment by non-bank affiliates (133,484) (121,644) (145,377)
Repayments on loans held for investment by non-bank affiliates 117,014 117,018 118,500
Net increase in retail banking loans held for investment (27,720) (39,659) (83,870)
Other real estate owned improvements     (20)
Proceeds from sales of other real estate owned 18 245 1,384
Purchases of corporate premises and equipment (3,374) (4,180) (2,708)
Proceeds from sales of corporate premises and equipment 227 289 1,017
Net cash used in investing activities (47,523) (59,912) (106,324)
Financing activities:      
Net increase in demand, interest-bearing demand and savings deposits 11,625 47,970 41,605
Net (decrease) increase in time deposits (1,393) 3,538 4,683
Net (decrease) increase in short-term borrowings (5,705) 3,257 (12,730)
Proceeds from long-term borrowings     7,500
Repayments of long-term borrowings (2,500)   (7,500)
Issuance of common stock 144 147 149
Purchase of common stock, excluding shares withheld to pay taxes (1,105)    
Proceeds from exercise of stock options   84 362
Cash dividends paid (4,931) (4,637) (4,464)
Other financing activities (144)    
Net cash (used in) provided by financing activities (4,009) 50,359 29,605
Net (decrease) increase in cash and cash equivalents (4,410) 16,222 (49,742)
Cash and cash equivalents at beginning of period 119,423 103,201 152,943
Cash and cash equivalents at end of period 115,013 119,423 103,201
Supplemental disclosure      
Interest paid 10,909 9,430 8,927
Income taxes paid 821 5,133 2,311
Supplemental disclosure of noncash investing and financing activities      
Unrealized losses on securities available for sale (2,548) (1,325) (3,238)
Transfers from loans to other real estate owned (98) (208) (618)
Value of shares withheld at vesting for employee taxes 432 560 414
Unrealized gains on cash flow hedging instruments $ 123 $ 223 $ 119