As Reported Financials

Document Name As Of Date Currency Code (in thousands) 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-K 12/31/2018 USD 2019 Y 10-K 12/31/2019 USD 2020 Q3 YTD 10-Q 9/30/2020 USD
Document Name As Of Date Currency Code 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-K 12/31/2018 USD 2019 Y 10-K 12/31/2019 USD 2020 Q3 YTD 10-Q 9/30/2020 USD

Operating activities

Net income 25,126 21,485 36,340 38,802 24,376

Adjustments to reconcile net income to net cash provided by operating activities

Provision for loan losses 1,255 2,771 2,393 3,571 12,034
Depreciation and amortization of premises and equipment 3,563 3,560 2,912 3,448 3,328
Amortization of premiums on investments, net 1,066 172 40 195 1,387
Amortization of FDIC indemnification asset, net 5,474 3,517 2,181 2,377 1,352
Amortization of intangible assets 1,136 1,056 1,039 997 1,086
Goodwill impairment 0 0 1,492 0 NA
Accretion on acquired loans (4,766) (5,417) (6,391) (3,231) (5,221)
Gain on divestiture, net (3,682) NA NA NA NA
Equity-based compensation expense 531 790 1,158 1,481 1,368
Issuance of common stock to 401(k) plan 384 415 352 411 411
Loss (gain) on sale of premises and equipment, net 238 (1) (25) (75) 9
Loss on sale of other real estate owned 1,495 791 1,313 1,253 299
(Gain) Loss on sale of securities (335) 661 618 43 (385)
Net impairment losses recognized in earnings 4,646 NA NA NA NA
Writedowns of property, plant & equipment NA 677 1,007 380 NA
Loss on extinguishment of debt 0 0 1,096 0 NA
(Increase) decrease in accrued interest receivable NA NA NA NA (2,474)
(Increase) decrease in other operating activities 6,957 5,893 3,974 7,003 (5,542)
Net cash provided by operating activities 43,088 36,370 49,499 56,655 32,028

Investing activities

Proceeds from sale of securities available for sale 104,928 13,664 8,937 13,898 51,027
Proceeds from maturities, prepayments, and calls of securities available for sale 99,906 37,155 68,765 32,863 29,614
Proceeds from maturities and calls of securities held to maturity 25,190 21,840 0 25,000 0
Payments to acquire securities available for sale (1,174) (49,406) (67,355) (8,255) (2,553)
(Originations of) proceeds from repayment of loans, net (159,243) 37,455 39,512 85,233 (78,663)
Proceeds from bank owned life insurance 0 2,639 458 0 NA
(Purchase of) proceeds from FHLB stock, net 130 694 (2,122) 129 (12)
Cash proceeds from mergers, acquisitions, and divestitures, net 29,716 0 10 25,863 NA
Payments to the FDIC 4,403 1,689 (151) (152) (67)
Proceeds from sale of premises and equipment 1,092 57 955 1,955 1,435
Payments to acquire premises and equipment (1,885) (2,354) (2,551) (8,411) (2,474)
Proceeds from sale of other real estate owned 7,147 4,363 2,940 3,254 1,997
Net cash provided by investing activities 110,210 67,796 49,398 171,377 304

Financing activities

Increase in noninterest-bearing deposits, net (17,482) 26,438 5,407 12,604 122,409
Increase (decrease) in interest-bearing deposits, net (37,576) 62,115 (79,548) (41,445) 39,918
Repayments of securities sold under agreements to repurchase, net (40,609) (67,919) (716) (27,769) (645)
Repayments of FHLB and other borrowings, net (48) (30,708) (50,000) 0 (40)
Proceeds from stock options exercised 921 378 384 136 0
Excess tax benefit from equity-based compensation 174 NA NA NA NA
Payments for repurchase of common stock (23,762) (1,263) (34,412) (16,362) (21,872)
Payments of common dividends (10,396) (11,563) (21,090) (15,060) (13,447)
Net cash provided by (used in) financing activities (128,778) (22,522) (179,975) (87,896) 126,323
Net increase in cash and cash equivalents 24,520 81,644 (81,078) 140,136 158,655
Cash and cash equivalents at beginning of period 51,787 76,307 157,951 76,873 217,009
Cash and cash equivalents at end of period 76,307 157,951 76,873 217,009 375,664

Supplemental disclosure -- cash flow information

Cash paid for interest 9,845 8,267 7,935 5,661 4,334
Cash paid for income taxes 6,588 15,852 7,610 8,057 5,607

Supplemental transactions -- noncash items

Transfer of loans to other real estate owned 5,162 2,283 5,686 3,160 695
Loans originated to finance other real estate owned 57 0 164 484 265
Decrease in accumulated other comprehensive loss (3,236) (1,171) 589 77 262
Non-cash sales price related to divestitures 0 0 1,603 0 NA

Acquisitions

Fair value of assets acquired NA 0 0 556,005 NA
Fair value of liabilities assumed NA 0 0 506,179 NA
Net assets acquired NA 0 0 49,826 NA
Common stock issued in acquisition NA 0 0 86,631 NA
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