XML 67 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Cash Flows (USD $)
3 Months Ended 12 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Dec. 31, 2011
Operating Activities:      
Net income $ 23,210,000 $ 16,402,000  
Adjustments to reconcile net income to net cash provided by operating activities      
Provision for credit losses 17,400,000 25,344,000  
Depreciation and amortization 5,627,000 5,551,000  
Stock-based compensation expense 2,289,000 1,094,000  
Tax benefit from stock-based compensation arrangements 12,000 235,000  
Excess tax benefits from stock-based compensation arrangements (643,000) (194,000)  
Net (accretion) amortization of (discount) premium on securities (2,092,000) 4,176,000  
Mortgage servicing rights fair value change and amortization, net (514,000) (140,000)  
Originations and purchases of mortgage loans held-for-sale (714,655,000) (562,088,000)  
Proceeds from sales of mortgage loans held-for-sale 699,315,000 843,209,000  
Bank owned life insurance income, net of claims (919,000) (876,000)  
Decrease in trading securities, net 1,350,000 2,650,000  
Net increase in brokerage customer receivables (3,160,000) (812,000)  
Gain on mortgage loans sold (14,464,000) (4,160,000)  
Gain on available-for-sale securities, net (816,000) (106,000)  
Gain on bargain purchases (840,000) (9,838,000) (38,000,000)
Debt defeasance costs 848,000    
Loss on sales of premises and equipment, net 12,000    
Decrease in accrued interest receivable and other assets, net 107,929,000 47,043,000  
Decrease in accrued interest payable and other liabilities, net (11,689,000) (16,406,000)  
Net Cash Provided by Operating Activities 108,200,000 351,084,000  
Investing Activities:      
Proceeds from maturities of available-for-sale securities 280,110,000 284,469,000  
Proceeds from sales of available-for-sale securities 737,369,000 50,142,000  
Purchases of available-for-sale securities (952,853,000) (541,199,000)  
Net cash received for acquisitions 8,191,000 21,371,000  
Net increase in interest-bearing deposits with banks (151,033,000) (56,222,000)  
Net (increase) decrease in loans (206,246,000) 17,691,000  
Purchases of premises and equipment, net (8,501,000) (10,557,000)  
Net Cash Used for Investing Activities (292,963,000) (234,305,000)  
Financing Activities:      
Increase (decrease) in deposit accounts 269,326,000 (100,938,000)  
Decrease in other borrowings, net (34,141,000) (10,808,000)  
Decrease in Federal Home Loan Bank advances, net (8,000,000)    
Excess tax benefits from stock-based compensation arrangements 643,000 194,000  
Net proceeds from issuance of preferred stock 122,690,000    
Debt defeasance (172,848,000)    
Issuance of common shares resulting from exercise of stock options, employee stock purchase plan and conversion of common stock warrants 8,699,000 905,000  
Common stock repurchases (6,447,000) (74,000)  
Dividends paid (4,261,000) (4,144,000)  
Net Cash Provided by (Used for) Financing Activities 175,661,000 (114,865,000)  
Net (Decrease) Increase in Cash and Cash Equivalents (9,102,000) 1,914,000  
Cash and Cash Equivalents at Beginning of Period 169,704,000 172,580,000 172,580,000
Cash and Cash Equivalents at End of Period $ 160,602,000 $ 174,494,000 $ 169,704,000