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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 10,247 $ 11,080
Adjustments to reconcile net income to net cash provided by operating activities:    
Net (gain) loss on sale of loans originated for sale (2) 66
Net gain on trading securities (106) (46)
Net depreciation and amortization 677 881
ESOP compensation expense 275 293
Stock plan compensation (excluding ESOP) 523 535
Provision for loan losses 1,457 1,426
OTTI charge for investment securities recognized in earnings 181 63
Increase in cash surrender value of Bank Owned Life Insurance (421) (467)
Deferred income tax credit (93) (159)
Excess tax benefit of stock plans (91) (111)
Changes in assets and liabilities:    
Origination of loans held for sale (1,137) (2,037)
Proceeds from sale of loans held for sale 3,716 4,318
Decrease in other assets 697 1,856
Increase in other liabilities 4,322 1,751
Net cash provided by operating activities 20,245 19,449
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from principal repayments of investment securities held-to-maturity 176 32
Proceeds from calls and principal repayments of investment securities available-for-sale 90,320 20,000
Purchases of investment securities available-for-sale (39,758) (67,911)
Purchases of mortgage backed securities available-for-sale (23,186) 0
Purchases of trading securities (6) (5)
Principal collected on mortgage backed securities available-for-sale 10,335 15,080
Purchases of loans (2,178) 0
Proceeds from the sale of portfolio loans 12,664 0
Net decrease in loans 27,401 11,708
Purchases of fixed assets, net (505) (1,630)
Purchase of FHLBNY capital stock 2,475 0
Net cash provided by (used in) investing activities 77,738 (22,726)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in due to depositors 43,428 52,104
Net increase in escrow and other deposits 38,162 40,323
Decrease in securities sold under agreements to repurchase (40,000) 0
Repayment of FHLBNY advances (55,000) 0
Cash dividends paid (4,767) (4,688)
Exercise of stock options 592 904
Excess tax benefit of stock plans - financing 91 111
Net cash (used in) provided by financing activities (17,494) 88,754
INCREASE IN CASH AND DUE FROM BANKS 80,489 85,457
CASH AND DUE FROM BANKS, BEGINNING OF PERIOD 44,260 90,729
CASH AND DUE FROM BANKS, END OF PERIOD 124,749 176,206
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for income taxes 8,200 6,103
Cash paid for interest 18,696 18,279
Loans transferred to held for sale 1,000 0
Amortization of unrealized loss on securities transferred from available-for-sale to held-to-maturity 46 26
Net decrease in non-credit component of OTTI (3) (612)
Adjustments to other comprehensive income from defined benefit plans, net of tax $ 312 $ 27