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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash flows from operating activities:      
Net income (loss) $ 91,115 $ (53,823) $ (31,550)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Other derivative income (7,026) (1,963) (1,399)
Gain on sales of investment securities (4,944) (41,376) (17,595)
Amortization of premiums and discounts, net 5,022 3,417 403
Other-than-temporary impairment of investment security 571    
Deferred loan fee amortization (4,289) (5,983) (5,253)
Provision for loan losses 49,258 143,127 89,611
Loans purchased     (76,829)
Loans originated for sale (1,708,354) (821,350)  
Proceeds from loan sales 1,787,778 630,771 11,607
Net (gain) loss on sale of loans (12,108) (6,187) 7,792
Depreciation and amortization 2,408 2,309 2,344
Deferred income tax expense (benefit) (73,476)   4,997
Losses on other real estate 3,511 12,643 2,814
Tax benefit (expense) on stock options exercised or stock awards     (541)
Excess tax benefit on stock options exercised and stock awards 510 5 410
Net cash received on initiation/termination of derivative instruments 937   6,630
Other, net 3,514 (5,969) (1,057)
Changes in other assets and liabilities:      
Accrued interest receivable 235 946 1,006
Other assets 785 6,466 (14,769)
Accrued interest payable, taxes and other liabilities 5,227 (3,769) (8,425)
Net cash provided by (used in) operating activities 140,674 (140,736) (29,804)
Cash flows from investing activities:      
Purchases of available for sale securities (207,443) (1,147,907) (975,304)
Purchases of held to maturity securities (22,404) (50,224)  
Proceeds from principal payments and maturities of available for sale securities 118,317 247,975 312,451
Proceeds from principal payments and maturities of held to maturity securities 19,191 4,929 25
Proceeds from sales of available for sale securities 130,635 965,605 497,415
Net (increase) decrease in loans (178,176) (15,750) 119,566
Net additions to premises, leasehold improvements and equipment (1,400) (2,684) (735)
Purchases of FHLB and FRB stock (16,749) (8,822) (6,580)
Proceeds from sales of FHLB and FRB stock     5,000
Additions to other real estate owned and repossessed assets     (342)
Net proceeds from sales of other real estate and repossessed assets 17,478 16,822 13,552
Purchase of mortgage servicing rights (2,663)    
Net cash provided by (used in) investing activities (143,214) 9,944 (34,952)
Cash flows from financing activities:      
Net increase (decrease) in deposits 91,003 48,552 (156,293)
Net increase (decrease) in other borrowings (342,875) 121,339 207,109
Proceeds from notes payable and other advances 242,500 45,000 20,000
Repayments of notes payable and other advances   (115,000)  
Net proceeds from issuance of subordinated debt 81 36,150  
Net proceeds from issuance of preferred stock 24,350 36,245 (27)
Net proceeds from issuance of common stock 33,800 (21)  
Proceeds from exercise of employee stock options 9 5  
Excess tax benefit on stock options exercised and stock awards (510) (5) (410)
Dividends paid (5,983) (8,613) (10,166)
Net cash provided by financing activities 42,375 163,652 60,213
Net increase (decrease) in cash and cash equivalents 39,835 32,860 (4,543)
Cash and cash equivalents, beginning of year 81,329 48,469 53,012
Cash and cash equivalents, end of year 121,164 81,329 48,469
Supplemental disclosure of cash flow information:      
Interest 55,444 74,716 104,687
Income taxes (408) (4,855) (16,269)
Supplemental disclosures of noncash investing and financing activities:      
Transfer of available for sale investment securities to held to maturity investment securities   55,633  
Change in fair value of available for sale investment securities, net of income taxes 53,169 (26,946) (5,115)
Transfer of portfolio loans to held for sale loans   39,053 28,739
Transfer of held for sale loans to portfolio loans 5,720 52,967 1,158
Loans transferred to other real estate and repossessed assets 25,143 34,725 29,076
Exchange of common stock for Series D Preferred   4,949  
Series C and E Preferred dividends paid in common stock and Series G Preferred $ 2,249