| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | ||||||||
Net income | ||||||||
25,873 | 24,824 | 24,232 | 23,527 | 23,521 | 23,056 | 0 | 0 | 0 |
Adjustments to reconcile net income to net cash provided by (used in) operating activities: | ||||||||
Depreciation | ||||||||
1,725 | 1,700 | 1,704 | 1,684 | 1,666 | 1,659 | 0 | 0 | 0 |
Amortization | ||||||||
650 | 619 | 556 | 319 | 383 | 382 | 0 | 0 | 0 |
Share-based compensation earned | ||||||||
242 | 227 | 213 | 199 | 195 | 193 | 0 | 0 | 0 |
Share-based board compensation earned | ||||||||
80 | 87 | 100 | 100 | 28 | 96 | 0 | 0 | 0 |
(Gain) Loss on other assets owned | ||||||||
3 | 18 | 31 | 220 | 269 | 243 | 0 | 0 | 0 |
Net (accretion) amortization on securities AFS | ||||||||
1,757 | 1,380 | 1,263 | 1,190 | 1,244 | 1,311 | 0 | 0 | 0 |
Net (accretion) amortization on securities HTM | ||||||||
- | - | - | - | - | 11 | 0 | 0 | 0 |
Gain on sale of securities AFS | ||||||||
401 | 18 | 5 | -9 | -9 | 32 | 0 | 0 | 0 |
Provision for loan losses | ||||||||
1,787 | 1,810 | 1,958 | 2,108 | 2,105 | 1,990 | 0 | 0 | 0 |
Deferred income tax (benefit) expense | ||||||||
-686 | -556 | 0 | 0 | 0 | - | - | - | - |
Net (increase) decrease in loans HFS | ||||||||
4,387 | 2,185 | 2,037 | 1,809 | -813 | 1,037 | 0 | 0 | 0 |
Net (increase) decrease in accrued interest receivable | ||||||||
252 | 238 | -171 | 812 | 508 | 82 | 0 | 0 | 0 |
Net (increase) decrease in BOLI | ||||||||
-553 | -544 | -723 | -725 | -728 | -732 | 0 | 0 | 0 |
Net increase (decrease) in accrued interest payable | ||||||||
340 | 465 | 421 | 624 | 519 | 254 | 0 | 0 | 0 |
Other operating activities, net | ||||||||
712 | 1,143 | 173 | 806 | 237 | 359 | 0 | 0 | 0 |
Net cash provided by (used in) operating activities | ||||||||
25,493 | 26,443 | 26,889 | 24,677 | 28,296 | 26,015 | 0 | 0 | 0 |
CASH FLOWS FROM INVESTING ACTIVITIES | ||||||||
Activity in securities AFS: | ||||||||
Sales | ||||||||
90,019 | 58,859 | 35,000 | 2,114 | 2,114 | 5,282 | 0 | 0 | 0 |
Maturities, prepayments, and calls | ||||||||
68,495 | 67,100 | 62,111 | 59,899 | 56,489 | 52,692 | 0 | 0 | 0 |
Payments to Acquire Debt Securities, Available-for-sale | ||||||||
230,555 | 145,600 | 122,878 | 52,612 | 44,573 | 20,728 | 0 | 0 | 0 |
Activity in securities HTM: | ||||||||
Maturities, prepayments, and calls | ||||||||
- | - | - | - | - | 1,235 | 0 | 0 | 0 |
Purchase of nonmarketable equity securities | ||||||||
51 | 51 | 52 | 50 | 30 | 29 | 0 | 0 | 0 |
Net (increase) decrease in loans HFI | ||||||||
100,309 | 112,574 | 81,891 | 68,664 | 75,170 | 82,923 | 0 | 0 | 0 |
Proceeds from sales of foreclosed assets | ||||||||
1,130 | 1,164 | 1,004 | 1,651 | 1,715 | 1,389 | 0 | 0 | 0 |
Purchases of premises and equipment | ||||||||
3,415 | 3,772 | 4,664 | 5,397 | 5,949 | 5,432 | 0 | 0 | 0 |
Net cash used in investing activities | ||||||||
-174,682 | -134,819 | -110,534 | -62,191 | -64,036 | -47,646 | 0 | 0 | 0 |
CASH FLOWS FROM FINANCING ACTIVITIES | ||||||||
Net increase (decrease) in deposits | ||||||||
36,648 | 75,537 | 71,115 | 74,251 | 130,801 | 119,598 | 0 | 0 | 0 |
Repayments of other borrowed funds | ||||||||
- | - | - | - | - | 182 | 0 | 0 | 0 |
Proceeds from exercise of stock options | ||||||||
8 | 80 | 86 | 104 | 133 | 53 | 0 | 0 | 0 |
Cash dividends | ||||||||
439 | 1,326 | 1,326 | 1,326 | 1,326 | 1,009 | 0 | 0 | 0 |
Net cash provided by financing activities | ||||||||
51,688 | 89,762 | 80,710 | 88,973 | 124,881 | 113,870 | 0 | 0 | 0 |
Net change in cash and cash equivalents | ||||||||
-97,501 | -18,614 | -2,935 | 51,459 | 89,141 | 92,239 | 0 | 0 | 0 |
SUPPLEMENTAL DISCLOSURES | ||||||||
Cash paid during the year for: | ||||||||
Interest | ||||||||
9,786 | 9,621 | 9,438 | 8,618 | 7,920 | 7,395 | 0 | 0 | 0 |
Income taxes | ||||||||
6,286 | 6,286 | 5,955 | 6,357 | 5,503 | 5,503 | 0 | 0 | 0 |
Initial measurement and recognition of operating lease assets in exchange for lease liabilities | ||||||||
0 | 4,954 | 4,954 | 4,954 | 4,954 | 0 | 0 | 0 | 0 |
SUPPLEMENTAL INFORMATION FOR NON-CASH INVESTING AND FINANCING ACTIVITIES | ||||||||
Assets acquired in settlement of loans | ||||||||
0 | - | - | - | 0 | - | - | - | - |
Unsettled securities AFS purchases at period-end | ||||||||
0 | - | - | - | 0 | - | - | - | - |