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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income $ 20,110 $ 17,041
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan and lease losses 2,885 2,959
Depreciation of premises and equipment 2,841 2,288
Net gain on sales of investment securities (568) (557)
Net gain on mortgage banking activities (3,748) (1,484)
Net gain on dispositions of fixed assets (134) (40)
Net gain on sales of other real estate owned (14) (195)
Bank owned life insurance income (870) (1,167)
Stock-based compensation 1,034 792
Intangible expenses 2,389 1,762
Other adjustments to reconcile net income to cash provided by operating activities 2,474 859
Originations of loans held for sale (154,149) (86,457)
Proceeds from the sale of loans held for sale 155,644 87,827
Contributions to pension and other postretirement benefit plans (2,208) (159)
(Increase) decrease in accrued interest receivable and other assets (790) 1,359
Increase (decrease) in accrued interest payable and other liabilities 273 (1,911)
Net cash provided by operating activities 25,169 22,917
Cash flows from investing activities:    
Net cash paid due to acquisitions (2,967) (9,260)
Net capital expenditures (3,848) (3,158)
Proceeds from maturities and calls of securities held-to-maturity 13,000 9,000
Proceeds from maturities and calls of securities available-for-sale 63,513 47,175
Proceeds from sales of securities available-for-sale 56,005 30,286
Purchases of investment securities available-for-sale (127,271) (41,320)
Proceeds from sale of credit card portfolio 0 8,943
Net increase in loans and leases (97,768) (70,344)
Net increase in interest-earning deposits (64,997) (2,101)
Proceeds from sales of other real estate owned 14 891
Net decrease in federal funds sold 17,442 0
Purchases of bank owned life insurance (8,000) 0
Net cash used in by investing activities (154,877) (29,888)
Cash flows from financing activities:    
Net increase in deposits 126,000 15,645
Net (decrease) increase in short-term borrowings (20,783) 248
Proceeds from issuance of subordinated notes 49,267 0
Payment of contingent consideration on acquisitions (2,631) (310)
Purchases of treasury stock (13,151) (3,943)
Stock issued under dividend reinvestment and employee stock purchase plans and other employee benefit programs 1,836 1,922
Proceeds from exercise of stock options, including excess tax benefits 378 184
Cash dividends paid (11,145) (9,754)
Net cash provided by financing activities 129,771 3,992
Net increase (decrease) in cash and due from banks 63 (2,979)
Cash and due from banks at beginning of year 31,995 32,646
Cash and due from banks at end of period 32,058 29,667
Supplemental disclosures of cash flow information:    
Cash paid for interest 6,103 3,122
Cash paid for income taxes, net of refunds 702 5,188
Non cash transactions:    
Transfer of loans to loans held for sale 4,000 8,926
Assets acquired through acquisitions 425,185 0
Liabilities assumed through acquisitions 389,795 0
Contingent consideration recorded as goodwill $ 1,525 $ 6,105