| Dec'19 | Dec'18 | Dec'17 | Dec'16 | |||
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Net Income (Loss) Attributable to Parent | ||||||
24,108 | 24,301 | 16,403 | 14,002 | |||
Adjustments to reconcile net income to net cash provided by (used in) operating activities: | ||||||
Depreciation of premises and equipment | ||||||
1,500 | 1,269 | 1,100 | 1,000 | |||
Net amortization of premiums on securities | ||||||
-883 | -790 | -818 | - | |||
Net accretion of discounts on loans | ||||||
4,022 | 4,397 | 3,474 | -711 | |||
Net accretion of deferred loan costs (fees) | ||||||
452 | 515 | 559 | 639 | |||
Amortization of servicing assets | ||||||
2,382 | 2,765 | 2,233 | 2,055 | |||
Provision (reversal) for loan losses | ||||||
4,237 | 1,231 | 1,827 | 2,283 | |||
Deferred tax benefit | ||||||
-2,573 | 641 | 1,733 | 39 | |||
Stock-based compensation | ||||||
709 | 648 | 699 | 717 | |||
Debt Securities, Available-for-sale, Realized Gain (Loss) | ||||||
786 | 0 | 0 | 8 | |||
Gain on sale of loans | ||||||
5,996 | 5,560 | 9,000 | 8,912 | |||
Originations of loans held-for-sale | ||||||
105,153 | 99,864 | 143,119 | 145,446 | |||
Proceeds from sales of and principal collected on loans held-for-sale | ||||||
116,544 | 106,282 | 151,972 | 176,313 | |||
Change in accrued interest receivable and other assets | ||||||
-801 | 1,362 | 243 | 4,733 | |||
Change in accrued interest payable and other liabilities | ||||||
-2,096 | 4,454 | 800 | 2,785 | |||
Net cash provided by (used in) operating activities | ||||||
30,120 | 30,683 | 21,210 | 40,197 | |||
Cash flows from investing activities | ||||||
Purchase of securities available-for-sale | ||||||
11,961 | 41,965 | 66,866 | 20,399 | |||
Proceeds from sale of securities available-for-sale | ||||||
33,627 | 0 | 0 | 4,717 | |||
Proceeds from maturities, calls, and paydowns of securities available-for-sale | ||||||
30,134 | 23,374 | 18,558 | 16,929 | |||
Purchase of securities held-to-maturity | ||||||
2,150 | 2,075 | 6,106 | 2,611 | |||
Proceeds from maturities and paydowns of securities held-to-maturity | ||||||
3,600 | 1,289 | 2,481 | 2,193 | |||
Proceeds from sale of loans held-for-sale previously classified as held-for-investment | ||||||
826 | 8,254 | 0 | 0 | |||
Net change in loans held-for-investment | ||||||
113,139 | 155,113 | 161,680 | 212,036 | |||
Purchase of loans held-for-investment | ||||||
1,539 | 0 | 0 | - | |||
Purchase of Federal Home Loan Bank and other restricted stock | ||||||
912 | 844 | 903 | 764 | |||
Proceeds from sale of other real estate owned | ||||||
321 | 102 | 291 | 0 | |||
Purchases of premises and equipment | ||||||
710 | 1,140 | 1,281 | 1,981 | |||
Net cash used in investing activities | ||||||
-61,903 | -168,118 | -215,506 | -213,952 | |||
Cash flows from financing activities | ||||||
Net increase (decrease) in deposits | ||||||
35,554 | 192,463 | 159,478 | 152,373 | |||
Proceeds from long-term Federal Home Loan Bank advances | ||||||
0 | 0 | 40,000 | 0 | |||
Repayment of long-term Federal Home Loan Bank advances | ||||||
10,000 | 10,000 | 0 | 0 | |||
Stock options exercised | ||||||
626 | 310 | 134 | 569 | |||
Stock issued under stock offering, net of expenses | ||||||
0 | 45,037 | 0 | 15,194 | |||
Repurchase of common stock | ||||||
6,480 | 0 | 0 | - | |||
Cash dividends paid on common stock | ||||||
3,962 | 1,760 | 1,609 | 1,380 | |||
Net cash provided by financing activities | ||||||
15,738 | 226,050 | 198,003 | 166,756 | |||
Net increase in cash and cash equivalents | ||||||
-16,045 | 88,615 | 3,707 | - | |||
Net increase in cash and cash equivalents | ||||||
- | - | - | -6,999 | |||
Supplemental disclosures of cash flow information: | ||||||
Interest paid | ||||||
24,130 | 13,979 | 9,465 | 6,872 | |||
Income taxes paid | ||||||
13,379 | 7,568 | 12,056 | 11,582 | |||
Supplemental disclosures of non-cash investment activities: | ||||||
Loans transferred to loans held-for-sale | ||||||
824 | 8,062 | 0 | 22,051 | |||
Loans transferred to other real estate owned | ||||||
50 | 0 | 0 | 506 | |||
Right of use assets obtained in exchange for lease obligations | ||||||
1,616 | 0 | 0 | - | |||