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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities:    
Net income $ 11,097 $ 7,281
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 3,505 4,385
Deferred tax expense 824 39
Asset depreciation 1,210 1,436
Securities premium amortization, net of discount accretion 1,895 1,539
Amortization of intangibles 425 1,193
Restricted stock amortization expense 353 448
Net gain on sales/calls of investment securities (451) (291)
Net gain on sales of mortgage loans (1,247) (1,123)
Net loss on sales of premises/equipment 7 7
Net loss on sales of other real estate 23 5
Proceeds from sales of held for sale loans 56,690 56,253
Held for sale loans originated for resale (57,335) (54,682)
Net changes in assets and liabilities:    
Accrued interest receivable (134) 37
Bank owned life insurance 125 (455)
Other assets (1,143) (5,396)
Accrued interest payable 127 64
Other liabilities 1,427 2,924
Net cash provided by operating activities 17,398 13,664
Investing activities:    
Proceeds from sales of available for sale securities   41,530
Available for sale securities 43,476 33,828
Purchases of held to maturity securities   (444)
Purchases of available for sale securities (42,370) (81,817)
Net purchases of FHLB stock (2,551) (2,733)
Loans originated, net of principal repayments (96,711) (46,059)
Purchases of premises and equipment (334) (639)
Proceeds from sales of premises and equipment 24 44
Proceeds from sales of other real estate 337 147
Net cash used in investing activities (98,129) (56,143)
Financing activities:    
Net increase in deposits 67,816 18,760
Net increase in other borrowings 19,891 42,641
Net proceeds from issuance of common stock 689 413
Purchases of treasury stock (508) (21,107)
Redemption of trust preferred securities   (5,155)
Common stock dividends paid (2,967) (3,113)
Preferred stock dividends paid (1) (1)
Net cash provided by financing activities 84,920 32,438
Net increase (decrease) in cash and cash equivalents 4,189 (10,041)
Cash and cash equivalents:    
Beginning of period 75,650 78,129
End of period $ 79,839 $ 68,088