| Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 | Sep'14 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||||||
Net earnings | ||||||||||||||||
10,701 | 11,976 | 10,684 | 9,083 | 1,003 | 6,697 | 6,449 | 5,919 | 4,907 | 4,813 | 4,354 | 3,779 | 2,938 | 2,490 | 2,256 | 1,921 | 1,515 |
Adjustments to reconcile net earnings to net cash provided by operating activities: | ||||||||||||||||
Provision for loan losses | ||||||||||||||||
1,548 | 1,001 | 856 | 1,318 | 1,478 | 1,105 | 1,155 | 156 | 441 | 373 | 901 | 1,533 | - | - | - | - | - |
Net earnings attributable to noncontrolling interest | ||||||||||||||||
721 | 676 | 616 | 456 | 413 | 570 | 431 | 493 | 374 | 422 | 428 | 340 | - | - | - | - | - |
Depreciation, amortization and accretion, net | ||||||||||||||||
-98 | 581 | -165 | -690 | -73 | -87 | -261 | 35 | 415 | 185 | 327 | 138 | - | - | - | - | - |
Gain on sale of premises and equipment | ||||||||||||||||
0 | -31 | 0 | 35 | -29 | 21 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Gain on ineffective portion of fair value hedge derivative | ||||||||||||||||
-12 | 7 | 20 | -7 | 7 | -5 | 30 | 16 | 43 | -23 | -3 | 28 | - | - | - | - | - |
Change in mortgage loan derivative | ||||||||||||||||
-406 | 95 | -165 | 187 | -62 | -125 | -72 | 398 | -280 | 306 | -61 | 97 | - | - | - | - | - |
Excess tax benefit from share-based compensation | ||||||||||||||||
876 | -4 | 102 | 84 | 272 | 0 | 241 | 286 | - | 0 | 0 | 0 | - | - | - | - | - |
Gain on sale of investment securities available-for-sale | ||||||||||||||||
0 | 0 | 2 | 191 | -119 | 0 | 28 | 0 | - | - | - | - | - | - | - | - | - |
Share-based compensation expense | ||||||||||||||||
461 | 505 | 577 | 554 | 416 | 439 | 415 | 414 | 228 | 441 | 294 | 263 | - | - | - | - | - |
Income from bank-owned life insurance | ||||||||||||||||
340 | 323 | 276 | 286 | 210 | 210 | 219 | 216 | 196 | 206 | 204 | 204 | - | - | - | - | - |
Net gain on sale of other real estate | ||||||||||||||||
-83 | 0 | -32 | 171 | -66 | 6 | 105 | -1 | -31 | 0 | 119 | 156 | - | - | - | - | - |
Other real estate write-downs | ||||||||||||||||
- | 0 | 0 | 0 | 0 | 0 | 0 | 219 | - | 0 | 0 | 0 | - | - | - | - | - |
Change in (net of effect of business combinations): | ||||||||||||||||
Mortgage loans held-for-sale | ||||||||||||||||
-502 | -8,923 | 3,378 | -8,114 | 13,913 | -4,204 | -35 | -20,484 | 7,563 | -11,658 | 6,939 | -2,491 | - | - | - | - | - |
Other assets and accrued interest receivable | ||||||||||||||||
829 | 883 | 332 | -1,913 | 604 | -77 | 221 | -682 | 817 | -437 | 18 | -784 | - | - | - | - | - |
Other liabilities and accrued interest payable | ||||||||||||||||
-7,712 | 2,415 | -3,147 | -859 | -723 | 1,391 | 2,657 | -1,188 | 1,025 | 3,346 | 1,380 | -998 | - | - | - | - | - |
Net cash provided by operating activities | ||||||||||||||||
8,589 | 24,804 | 5,508 | 18,942 | -5,027 | 14,289 | 10,109 | 26,299 | -17 | 21,186 | 468 | 7,845 | - | - | - | - | - |
Cash flows from investing activities (net of effect of business combinations): | ||||||||||||||||
Proceeds from calls, maturities, and paydowns of securities available-for-sale | ||||||||||||||||
-13,047 | 67,142 | 7,979 | 2,646 | 3,170 | 4,249 | 6,956 | 11,330 | 3,963 | 2,312 | 27,328 | 1,826 | - | - | - | - | - |
Proceeds from calls, maturities, and paydowns of securities held-to-maturity | ||||||||||||||||
135 | 226 | 167 | 159 | 230 | 258 | 174 | 238 | 299 | 291 | 260 | 147 | - | - | - | - | - |
Proceeds from sale of securities available-for-sale | ||||||||||||||||
20,618 | 43,661 | 252 | 90,177 | 7,185 | 4,772 | 565 | 9,718 | 1 | 1,494 | 0 | 0 | - | - | - | - | - |
Purchases of securities available-for-sale | ||||||||||||||||
8,476 | 77,396 | 1,000 | 72,313 | 10,215 | 14,115 | 10,500 | 10,242 | 3,747 | 22,221 | 27,991 | 3,766 | - | - | - | - | - |
Proceeds from sale of other investments | ||||||||||||||||
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 693 | - | - | - | - | - |
Purchases of other investments | ||||||||||||||||
3,203 | -278 | 1,133 | 278 | 610 | 0 | 2,262 | 206 | 164 | 0 | 1,609 | 564 | - | - | - | - | - |
Net cash received in acquisitions | ||||||||||||||||
1 | -44,397 | 0 | -3,462 | 0 | -3,239 | 0 | -9,471 | - | 0 | 0 | 0 | - | - | - | - | - |
Net change in loans | ||||||||||||||||
85,291 | 102,027 | 16,021 | 36,950 | 81,489 | 55,654 | 62,883 | 68,034 | 73,909 | 5,406 | 22,698 | 63,698 | - | - | - | - | - |
Proceeds from sale of other real estate | ||||||||||||||||
388 | 0 | 243 | 505 | 206 | 130 | 1,954 | 19 | 542 | 0 | 843 | 1,237 | - | - | - | - | - |
Proceeds from the sale of premises and equipment | ||||||||||||||||
99 | 3 | 0 | 550 | 158 | 2,166 | 0 | 18 | 225 | 0 | 0 | 0 | - | - | - | - | - |
Purchases of premises and equipment | ||||||||||||||||
868 | 3,245 | 3,070 | 1,050 | 674 | 14,251 | 507 | 3,300 | 476 | 185 | 1,315 | 872 | - | - | - | - | - |
Net cash used by investing activities | ||||||||||||||||
-92,846 | -26,973 | -12,583 | -13,092 | -81,440 | -69,206 | -66,753 | -50,988 | -73,267 | -23,715 | -25,182 | -64,997 | - | - | - | - | - |
Cash flows from financing activities (net of effect of business combinations): | ||||||||||||||||
Net change in deposits | ||||||||||||||||
100,887 | 2,980 | 92,285 | -108,509 | 188,504 | -34,859 | -75,745 | 124,218 | 167,856 | 39,047 | -37,275 | -16,216 | - | - | - | - | - |
Proceeds from Federal Home Loan Bank advances | ||||||||||||||||
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 15,000 | - | - | - | - | - |
Cash distribution paid to noncontrolling interests | ||||||||||||||||
677 | 616 | 456 | 413 | 569 | 432 | 492 | 375 | 422 | 428 | 340 | 437 | - | - | - | - | - |
Stock offering expenses related to acquisition | ||||||||||||||||
0 | 136 | 0 | 94 | -28 | 84 | 0 | 138 | - | 0 | 0 | 0 | - | - | - | - | - |
Proceeds from exercise of options and warrants | ||||||||||||||||
377 | 875 | 194 | 703 | 212 | 0 | 180 | 2,421 | 223 | 740 | 99 | 201 | - | - | - | - | - |
Net cash (used) provided by financing activities | ||||||||||||||||
101,097 | -15,313 | 92,023 | -108,313 | 187,206 | -35,294 | -37,326 | 126,126 | 167,657 | 39,286 | -12,976 | -31,452 | - | - | - | - | - |
Net change in cash and cash equivalents | ||||||||||||||||
16,839 | -17,482 | 84,948 | -102,463 | 100,739 | -90,211 | -93,970 | 101,437 | 94,373 | 36,757 | -37,690 | -88,604 | - | - | - | - | - |
Cash paid during the period for: | ||||||||||||||||
Interest | ||||||||||||||||
8,626 | 4,943 | 4,670 | 3,155 | 3,060 | 2,157 | 2,664 | 2,470 | 2,296 | 1,547 | 1,703 | 1,633 | - | - | - | - | - |
Income taxes | ||||||||||||||||
1,740 | 3,392 | 6,485 | 0 | 3,502 | 2,465 | 6,792 | 0 | 2,635 | 1,867 | 2,641 | 0 | - | - | - | - | - |
Non-cash investing and financing activities: | ||||||||||||||||
Unrealized gains arising during the period, net of tax of $143 and $20, respectively | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 83 | - | 38 | -65 |
Change in unrealized (losses) gains on securities available-for-sale, net of tax | ||||||||||||||||
664 | -1,131 | -537 | -1,673 | -110 | 52 | 124 | 75 | -809 | 956 | -712 | 266 | - | - | - | - | 21 |
Transfer of loans to other real estate | ||||||||||||||||
105 | 0 | 616 | 0 | 195 | 273 | 0 | 20 | 481 | 0 | 0 | 0 | - | - | - | - | - |
Assets acquired and liabilities assumed in acquisitions: | ||||||||||||||||
Assets acquired in acquisitions | ||||||||||||||||
0 | 845,640 | 137 | 473,182 | -231 | 153,938 | 30,451 | 323,246 | - | 0 | 0 | 0 | - | - | - | - | - |
Liabilities assumed in acquisitions | ||||||||||||||||
0 | 734,188 | 137 | 379,492 | -232 | 129,086 | 159 | 291,440 | - | 0 | 0 | 0 | - | - | - | - | - |
Tax benefit resulting from exercise of stock options | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - |
Other comprehensive income | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 83 | - | 38 | -44 |
Comprehensive income | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 2,573 | - | 1,959 | 1,471 |