| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | |||||||||
Net income | |||||||||
39,455 | 34,012 | 15,138 | 15,684 | 15,385 | 10,136 | 82,085 | -72 | -6,498 | -108,649 |
Adjustments to reconcile net income to net cash provided by (used in) operating activities: | |||||||||
Net premium amortization/discount (accretion) on securities | |||||||||
-2,726 | -2,969 | -1,881 | 638 | -79 | 1,824 | 528 | -943 | -156 | -435 |
Securities (gains) losses, net | |||||||||
4,511 | 360 | 474 | -2,213 | - | - | - | - | - | - |
Provision for loan and lease losses | |||||||||
1,600 | 1,228 | 1,800 | - | - | - | - | - | - | - |
Depreciation and amortization | |||||||||
- | - | - | - | - | - | - | - | - | 4,564 |
Amortization of leasehold improvements | |||||||||
- | - | - | - | - | - | - | - | - | 129 |
Change in market value on mortgage servicing rights | |||||||||
- | - | - | - | - | - | - | - | - | 868 |
Loss on transfer of mortgage servicing rights | |||||||||
- | - | - | - | - | - | - | - | - | 68 |
Provision for loan and lease losses | |||||||||
- | - | - | 750 | -4,400 | - | - | - | 8,887 | 89,668 |
Provision for deferred tax expense | |||||||||
- | - | - | - | - | - | - | - | - | 47,882 |
Loan loss reserve release | |||||||||
- | - | - | - | - | -3,300 | -8,550 | 6,284 | - | - |
Gain on recapture of restricted stock | |||||||||
- | - | - | - | - | - | 612 | - | - | - |
Provision for deferred tax expense | |||||||||
- | - | - | - | - | -5,563 | 70,376 | - | - | - |
Originations of loans held-for-sale | |||||||||
164,696 | 133,930 | 146,867 | 194,901 | 190,041 | 122,996 | 181,497 | 291,559 | 228,960 | 353,746 |
Proceeds from sales of loans held-for-sale | |||||||||
168,472 | 137,622 | 151,289 | 197,654 | 196,431 | 124,458 | 191,019 | 303,561 | 231,420 | 362,068 |
Net gain on sales of mortgage loans | |||||||||
5,112 | 3,791 | 4,803 | 6,343 | 5,775 | 3,594 | 5,627 | 10,688 | 5,458 | 9,696 |
Change in fair value of mortgage servicing rights | |||||||||
2,662 | 734 | 802 | 919 | 1,141 | 1,214 | -260 | 1,575 | 1,571 | - |
Net discount / premium from (accretion) amortization on loans | |||||||||
1,025 | 1,703 | 1,328 | 604 | - | - | - | - | - | - |
Increase in cash surrender value of BOLI | |||||||||
1,415 | 984 | 1,432 | 1,283 | 1,277 | 1,453 | 1,603 | 1,608 | 1,629 | 1,674 |
Net gains on sale of other real estate owned | |||||||||
264 | 792 | 474 | 374 | 1,073 | - | - | - | - | - |
Net gain on sale of other real estate owned | |||||||||
- | - | - | - | - | 989 | 1,956 | 2,198 | - | - |
Net gain on sale of other real estate owned | |||||||||
- | - | - | - | - | - | - | - | 1,311 | 614 |
Provision for other real estate owned valuation losses | |||||||||
519 | 581 | 1,708 | 1,570 | 4,076 | 4,559 | 8,293 | 16,385 | - | - |
Depreciation of fixed assets and amortization of leasehold improvements | |||||||||
2,462 | 2,423 | 2,306 | 2,288 | 2,386 | 2,485 | 2,794 | 3,074 | 4,076 | - |
Provision for other real estate owned losses | |||||||||
- | - | - | - | - | - | - | - | -15,114 | -20,888 |
Net (gains) / losses on disposal and transfer of fixed assets | |||||||||
32 | - | 10 | -1 | 20 | - | 9 | 609 | - | - |
Securities (gains) losses, net | |||||||||
- | - | - | - | -178 | 1,719 | -1,912 | 1,575 | 631 | 2,727 |
Amortization of core deposit intangible | |||||||||
539 | 387 | 96 | 16 | - | 1,177 | 2,099 | 1,402 | 847 | 1,129 |
Change in current income taxes receivable | |||||||||
1,546 | 1,678 | -2,519 | 260 | 100 | 86 | -132 | 815 | 5,750 | 9,249 |
Provision for deferred tax expense | |||||||||
6,436 | 9,840 | 13,662 | 8,421 | 8,756 | - | - | - | - | - |
Net deferred tax expense due to DTA valuation adjustment | |||||||||
- | - | 7,909 | - | - | - | - | - | - | - |
Change in accrued interest receivable and other assets | |||||||||
6,318 | -1,218 | 4,492 | 53 | 4,213 | 573 | -8,764 | -8,381 | -7,400 | -2,781 |
Accretion of purchase accounting adjustment on time deposits | |||||||||
-38 | -100 | - | - | - | - | - | - | - | - |
Amortization of purchase accounting adjustment on notes payable and other borrowings | |||||||||
92 | 81 | - | - | - | - | - | - | - | - |
Amortization of junior subordinated debentures issuance costs | |||||||||
48 | 47 | 48 | 48 | 47 | 48 | - | - | - | - |
Amortization of senior notes issuance costs | |||||||||
112 | 100 | 102 | 4 | - | - | - | - | - | - |
Impairment of goodwill | |||||||||
0 | - | - | - | - | - | - | - | - | - |
Change in accrued interest payable and other liabilities | |||||||||
6,863 | 1,390 | 1,582 | 967 | -2,668 | -20,001 | 8,877 | 8,119 | -2,797 | 4,789 |
Tax effect on vesting of restricted stock | |||||||||
- | - | - | - | - | - | - | - | - | 190 |
Stock based compensation | |||||||||
2,500 | 2,300 | 1,181 | 657 | 613 | 295 | 167 | 291 | 951 | 1,062 |
Loss on transfer of premises to other real estate owned | |||||||||
- | - | - | - | 1,139 | 121 | - | 782 | 415 | - |
Net cash provided by operating activities | |||||||||
52,637 | 54,907 | 37,105 | 27,256 | 21,137 | - | - | - | - | - |
Net cash provided by (used in) operating activities | |||||||||
- | - | - | - | - | -6,307 | 35,256 | 43,303 | 29,303 | 69,177 |
Cash flows from investing activities | |||||||||
Proceeds from maturities and calls including pay down of securities available-for-sale | |||||||||
41,752 | 40,641 | 117,389 | 78,305 | 46,230 | 16,520 | 40,028 | 79,642 | 56,044 | 129,479 |
Proceeds from sales of securities available-for-sale | |||||||||
191,298 | 94,663 | 232,462 | 306,400 | 70,176 | 296,013 | 533,302 | 223,860 | 26,281 | 111,738 |
Purchases of securities available-for-sale | |||||||||
159,544 | 75,044 | 343,470 | 210,681 | 196,082 | 325,020 | 609,033 | 571,153 | 241,867 | 160,808 |
Proceeds from maturities and calls including pay down of securities held-to-maturity | |||||||||
- | - | - | 3,372 | 13,281 | 9,703 | 2,444 | - | - | - |
Purchases of securities held-to-maturity | |||||||||
- | - | - | - | - | 11,212 | 21,382 | - | - | - |
Net proceeds from sales of FHLBC stock | |||||||||
-3,516 | 295 | 2,250 | -600 | -540 | -1,234 | -910 | -2,848 | - | 647 |
Net disbursements/proceeds from (purchases) sales of FRB stock | |||||||||
- | 1,421 | - | - | - | - | - | - | - | - |
Purchases of Federal Reserve Bank stock | |||||||||
- | - | - | - | - | - | - | - | 359 | - |
Net change in loans | |||||||||
34,440 | 52,706 | 141,683 | 125,540 | -16,073 | 74,338 | -21,505 | -167,490 | -216,503 | -222,638 |
Proceeds from claims on BOLI | |||||||||
1,196 | 1,204 | - | - | 273 | - | 396 | - | - | 893 |
Improvements in other real estate owned | |||||||||
- | 59 | - | 16 | - | 794 | 73 | 701 | 2,984 | 607 |
Proceeds from sales of other real estate owned, net of participation purchase | |||||||||
2,779 | 4,782 | 6,107 | 7,830 | 18,836 | 22,857 | 43,668 | 39,052 | 43,124 | 17,079 |
Proceeds from disposition of premises and equipment | |||||||||
32 | - | 13 | - | 30 | 1 | 10 | 917 | - | - |
Net purchases of premises and equipment | |||||||||
4,377 | 1,895 | 1,055 | 1,986 | 1,280 | 1,097 | 1,798 | 1,049 | 800 | 927 |
Cash paid for acquisition, net of cash and cash equivalent retained | |||||||||
- | 35,711 | - | 181,357 | - | - | - | - | - | - |
Net cash provided by investing activities | |||||||||
42,212 | -25,841 | -132,487 | -123,073 | -32,196 | - | - | - | - | - |
Net cash (used in) provided by investing activities | |||||||||
- | - | - | - | - | -66,133 | 9,581 | -59,094 | 95,942 | 317,945 |
Cash flows from financing activities | |||||||||
Payments of Dividends | |||||||||
- | - | - | - | - | - | - | - | - | 3,158 |
Net change in deposits | |||||||||
10,114 | -54,650 | 56,140 | 58,805 | 74,031 | 2,927 | -35,091 | -23,562 | -167,747 | -297,749 |
Net change in securities sold under repurchase agreements | |||||||||
2,061 | 11,091 | 4,203 | -8,355 | 13,034 | -1,524 | 4,685 | 16,974 | -1,117 | -16,356 |
Net change in other short-term borrowings | |||||||||
-101,000 | 23,625 | 45,000 | - | - | - | - | - | - | - |
Net change in other short-term borrowings | |||||||||
- | - | - | 55,000 | -30,000 | 40,000 | -95,000 | 100,000 | -4,141 | -50,857 |
Payment of senior note issuance costs | |||||||||
- | - | 42 | - | - | - | - | - | - | - |
Redemption of preferred stock | |||||||||
- | - | - | - | 47,331 | 24,321 | - | - | - | - |
Proceeds from issuance of common stock | |||||||||
- | - | - | - | - | 64,331 | - | - | - | - |
Proceeds from the issuance of senior notes | |||||||||
- | - | - | 43,994 | - | - | - | - | - | - |
Redemption of junior subordinated debentures | |||||||||
- | - | - | 45,000 | - | - | - | - | - | - |
Net change in notes payable and other borrowings | |||||||||
-8,798 | -8,069 | - | -500 | - | - | - | - | - | - |
Proceeds from exercise of stock options | |||||||||
32 | 33 | - | 11 | - | - | - | - | - | - |
Dividends paid on preferred stock | |||||||||
- | - | - | - | 2,417 | 12,390 | - | - | - | - |
Dividends paid common stock | |||||||||
1,195 | 1,189 | 1,184 | 888 | - | - | - | - | - | - |
Purchase of treasury stock | |||||||||
666 | 505 | 236 | 254 | 117 | 46 | 278 | 63 | 49 | 40 |
Net cash used in financing activities | |||||||||
-99,452 | -29,664 | 103,881 | 102,813 | 7,200 | - | - | - | - | - |
Net change in cash and cash equivalents | |||||||||
-4,603 | -598 | 8,499 | - | - | - | - | - | - | - |
Net change in cash and cash equivalents | |||||||||
- | - | - | 6,996 | -3,859 | - | - | - | - | - |
Net cash (used in) provided by financing activities | |||||||||
- | - | - | - | - | 68,977 | -125,684 | 93,349 | -173,054 | -368,160 |
Net change in cash and cash equivalents | |||||||||
- | - | - | - | - | -3,463 | -80,847 | 77,558 | -47,809 | 18,962 |
Supplemental cash flow information | |||||||||
Income taxes paid | |||||||||
4,425 | 20 | 430 | 211 | 118 | 40 | 266 | -815 | -5,746 | -15,076 |
Interest paid for deposits | |||||||||
9,686 | 7,644 | 5,145 | 4,275 | 3,958 | 5,533 | 7,868 | 10,592 | 16,751 | 23,591 |
Interest paid for borrowings | |||||||||
- | - | - | - | - | 22,708 | 864 | 930 | 838 | 3,064 |
Interest paid for borrowings | |||||||||
9,073 | 8,323 | 7,362 | 5,330 | 5,142 | - | - | - | - | - |
Non-cash transfer of loans to other real estate owned | |||||||||
863 | 2,915 | 3,701 | 1,223 | 8,530 | 13,918 | 19,194 | 31,761 | 71,443 | - |
Non-cash transfer of premises to other real estate owned | |||||||||
- | - | 95 | 562 | 468 | 2,160 | - | 360 | 472 | - |
Non-cash transfer of securities available-for-sale to securities held-to-maturity | |||||||||
- | - | - | 244,823 | - | - | 237,154 | - | - | - |
Non-cash transfer of loans to securities available-for-sale | |||||||||
- | - | - | - | - | - | 5,329 | - | - | - |
Change in dividends accrued | |||||||||
- | - | - | - | -544 | -9,112 | 511 | 3,981 | - | - |
Noncash transfer of loans to securities available-for-sale | |||||||||
- | - | - | - | - | - | - | - | - | 50 |
Non-cash transfer of loans to other real estate | |||||||||
- | - | - | - | - | - | - | - | - | 72,159 |
Accretion on preferred stock discount | |||||||||
- | - | - | - | - | 58 | 1,073 | 1,006 | 942 | 882 |
Fair value difference on recapture of restricted stock | |||||||||
- | - | - | - | - | - | 43 | - | - | - |