|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
$16.0m
|
$16.8m
|
$31.6m
|
$27.9m
|
$24.8m
|
$48.6m
|
$34.1m
|
$40.2m
|
$36.4m
|
$46.1m
|
|
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
|
|
—
|
—
|
$31.6m
|
$27.9m
|
$24.8m
|
$48.6m
|
$34.1m
|
—
|
—
|
—
|
|
Amortization
|
|
$3.3m
|
$6.6m
|
$8.3m
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Amortization of Debt Issuance Costs
|
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$120k
|
$228k
|
$218k
|
$216k
|
|
Amortization of Intangible Assets
|
|
—
|
$763k
|
$1.8m
|
$1.6m
|
$1.4m
|
$1.2m
|
$1.6m
|
$1.6m
|
$1.3m
|
$1.1m
|
|
Depreciation
|
|
$1.8m
|
$2.0m
|
$2.5m
|
$2.9m
|
$3.1m
|
$3.1m
|
$3.5m
|
$3.6m
|
$3.5m
|
$3.3m
|
|
Deferred Income Tax Expense (Benefit)
|
|
($321k)
|
$2.5m
|
$2.1m
|
$137k
|
($1.6m)
|
$2.5m
|
($882k)
|
($33k)
|
($44k)
|
($123k)
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$1.6m
|
$2.1m
|
$2.5m
|
$2.4m
|
$2.0m
|
$2.4m
|
$2.4m
|
$2.4m
|
$2.8m
|
$3.4m
|
|
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
|
|
($589k)
|
($3.5m)
|
($9.0m)
|
$58k
|
($601k)
|
($2.7m)
|
($10.4m)
|
$2.3m
|
$2.4m
|
$1.1m
|
|
Gain (Loss) on Disposition of Assets
|
|
$596k
|
($162k)
|
($52k)
|
($335k)
|
($11k)
|
($504k)
|
$26k
|
($27k)
|
$33k
|
$3k
|
|
Gain (Loss) on Disposition of Other Assets
|
|
—
|
—
|
—
|
$335k
|
$11k
|
($504k)
|
$26k
|
$27k
|
($33k)
|
($3k)
|
|
Income (Loss) from Equity Method Investments
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
($182k)
|
|
Income Tax Expense (Benefit)
|
|
$7.6m
|
$12.5m
|
$6.7m
|
$5.9m
|
$6.0m
|
$11.8m
|
$8.4m
|
$9.9m
|
$8.8m
|
$12.0m
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Provision for Loan, Lease, and Other Losses
|
|
$3.2m
|
$2.3m
|
$3.9m
|
$3.0m
|
$12.7m
|
($10.2m)
|
$7.5m
|
$2.3m
|
$2.4m
|
$1.1m
|
|
Bank Owned Life Insurance Income
|
|
$483k
|
$494k
|
$656k
|
$2.1m
|
$994k
|
$2.6m
|
$915k
|
$1.0m
|
$1.1m
|
$1.1m
|
|
Gain (Loss) on Sales of Loans, Net
|
|
$1.8m
|
$1.2m
|
$872k
|
$1.1m
|
$2.9m
|
$2.5m
|
$663k
|
$816k
|
$470k
|
$860k
|
|
Proceeds from Stock Options Exercised
|
|
$1.4m
|
$1.2m
|
$914k
|
$2.2m
|
$30k
|
$80k
|
$375k
|
$102k
|
$130k
|
$87k
|
|
Parent Company
|
|
$3.0m
|
$4.1m
|
$6.7m
|
$7.9m
|
$7.9m
|
$7.9m
|
$7.8m
|
$8.2m
|
$8.2m
|
$9.0m
|
|
Goodwill
|
|
$9.4m
|
$58.6m
|
$58.5m
|
$58.5m
|
$58.5m
|
$58.5m
|
$81.5m
|
$81.5m
|
$81.5m
|
$81.5m
|
|
Financing Receivable, Credit Loss, Expense (Reversal)
|
|
—
|
$2.3m
|
$3.9m
|
$3.0m
|
$12.7m
|
($10.2m)
|
$7.5m
|
—
|
—
|
—
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$20.5m
|
$24.8m
|
$47.1m
|
$43.9m
|
$49.0m
|
$55.7m
|
$51.2m
|
$41.4m
|
$48.7m
|
$54.5m
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$4.1m
|
$1.9m
|
$5.0m
|
$3.8m
|
$2.1m
|
$2.5m
|
$2.7m
|
$2.0m
|
$4.1m
|
$10.2m
|
|
Payments to Acquire Businesses, Net of Cash Acquired
|
|
—
|
($68.2m)
|
—
|
—
|
—
|
—
|
$16.1m
|
$0
|
$0
|
—
|
|
Gain (Loss) on Sale of Investments
|
|
—
|
—
|
—
|
$335k
|
$11k
|
$504k
|
($26k)
|
($249k)
|
$0
|
$0
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
($11.5m)
|
$78.7m
|
($24.7m)
|
($72.3m)
|
($260.0m)
|
$54.9m
|
($495.4m)
|
($94.3m)
|
($107.1m)
|
($2.9m)
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale
|
|
$37.5m
|
$39.6m
|
$50.3m
|
$72.9m
|
$97.3m
|
$80.7m
|
$57.9m
|
$49.6m
|
$43.8m
|
$54.8m
|
|
Proceeds from Issuance of Common Stock
|
|
—
|
—
|
$70k
|
$157k
|
($13k)
|
$303k
|
$324k
|
$329k
|
$886k
|
$640k
|
|
Payments for Repurchase of Common Stock
|
|
$357k
|
$71k
|
$1.2m
|
$15.4m
|
$14.0m
|
$8.9m
|
$11.3m
|
$5.3m
|
$4.8m
|
$14.4m
|
|
Payments of Ordinary Dividends, Common Stock
|
|
$3.0m
|
$4.1m
|
$6.7m
|
$7.9m
|
$7.9m
|
$7.9m
|
$7.8m
|
$8.2m
|
$8.2m
|
$9.0m
|
|
Other Interest and Dividend Income
|
|
$276k
|
$699k
|
$1.4m
|
$1.4m
|
$460k
|
$685k
|
$3.1m
|
$2.4m
|
$3.6m
|
$4.0m
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
($4.5m)
|
$17.7m
|
($113.2m)
|
$8.6m
|
$359.1m
|
$302.8m
|
($69.9m)
|
$41.3m
|
$81.1m
|
($8.6m)
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
—
|
—
|
—
|
($19.8m)
|
$148.1m
|
$413.5m
|
($514.0m)
|
($11.6m)
|
$22.7m
|
$43.1m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
—
|
—
|
$39.8m
|
$188.0m
|
$601.4m
|
$87.4m
|
$75.8m
|
$98.5m
|
$141.6m
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Paid, Excluding Capitalized Interest, Operating Activities
|
|
$5.2m
|
$6.5m
|
$10.4m
|
$16.1m
|
$11.9m
|
$6.2m
|
$7.7m
|
$41.9m
|
$62.1m
|
$61.6m
|
|
Income Taxes Paid, Net
|
|
$7.9m
|
$10.1m
|
$5.1m
|
$3.2m
|
$5.4m
|
$12.0m
|
$6.5m
|
$12.6m
|
$6.5m
|
$13.4m
|