XML 50 R9.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:      
Net income $ 33,104 $ 28,296 $ 25,423
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation 2,783 2,529 2,737
Provision for loan losses 4,332 22,790 16,103
Deferred (9,943) (8,535) (733)
Net amortization of debt securities 5,593 7,923 6,210
Amortization of intangible assets 1,905 1,879 999
Gain on sale of investment securities (1,295) (1,156) (1,450)
Mortgage loans originated for sale (78,335) (99,499) (72,449)
Proceeds from mortgage loans sold 88,845 93,737 71,405
Gain on sale of other real estate (3,363) (2,225) (862)
Gain on state tax credits, net (2,503) (2,207) (3,645)
Excess tax benefit of share-based compensation (222) (66) 53
Share-based compensation 5,048 2,537 1,466
Valuation adjustment on other real estate 1,443 2,398 4,702
Net accretion of loan discount and indemnification asset (16,435) (24,398) (13,950)
Gain on sale of branches (1,044) 0 0
Changes in:      
Accrued interest receivable 1,179 695 (50)
Accrued interest payable (303) (480) (647)
Prepaid FDIC insurance 2,607 2,933 2,904
Other assets (12,002) (6,063) (2,386)
Other liabilities 7,914 16,285 (8,699)
Net cash provided by operating activities 29,308 37,373 27,131
Cash flows from investing activities:      
Cash received from acquisition of Legacy Bank 0 0 8,926
Cash received from acquisition of The First National Bank of Olathe 0 12,544 112,778
Cash Acquired from Acquisition 0 0 42,591
Cash paid in sale of branch, net of cash and cash equivalents received (67,564) 0 0
Net decrease (increase) in loans 36,169 (107,283) (85,034)
Net cash proceeds received from FDIC loss share receivable 10,981 91,641 41,415
Proceeds from the sale of debt and equity securities, available for sale 159,604 110,876 84,456
Proceeds from the maturity of debt and equity securities, available for sale 82,641 122,955 164,460
Proceeds from the redemption of other investments 30,632 9,238 6,061
Proceeds from the sale of state tax credits held for sale 16,723 10,606 16,690
Proceeds from the sale of other real estate 19,558 53,850 43,828
Payments for the purchase/origination of:      
Available for sale debt and equity securities (60,732) (278,163) (431,374)
Other investments (29,225) (8,714) (1,655)
Payments to Acquire Life Insurance Policies (20,000) 0 0
State tax credits held for sale (1,365) (19,157) (1,838)
Fixed assets (1,338) (4,675) (910)
Net cash provided by (used in) investing activities 176,084 (6,282) 394
Cash flows from financing activities:      
Net increase in noninterest-bearing deposit accounts (19,719) 101,325 126,953
Net decrease in interest-bearing deposit accounts (32,876) (233,828) (298,933)
Proceeds from Federal Home Loan Bank advances 765,000 173,500 0
Repayments of Federal Home Loan Bank advances (795,000) (195,500) (23,254)
Proceeds from notes payable 0 12,000 0
Repayments of notes payable (1,200) (300) 0
Repayments of Subordinated Debt (2,500) 0 0
Debt issuance costs 0 (45) 0
Net decrease in other borrowings (22,433) 78,825 33,484
Cash dividends paid on common stock (3,946) (3,757) (3,577)
Excess tax benefit of share-based compensation 222 66 (53)
Payments for the repurchase of preferred stock 0 (35,000) 0
Repurchase of common stock warrants (1,006) 0 0
Cash dividends paid on preferred stock 0 (1,711) (1,750)
Issuance of common stock 1 3 32,612
Proceeds from the issuance of equity instruments 2,264 1,558 1,468
Net cash used in financing activities (111,193) (102,864) (133,050)
Net decrease in cash and cash equivalents 94,199 (71,773) (105,525)
Cash and cash equivalents, beginning of period 116,370 188,143 293,668
Cash and cash equivalents, end of period 210,569 116,370 188,143
Supplemental disclosures of cash flow information:      
Cash paid during the period for interest 18,462 22,687 30,429
Cash paid during the period for income taxes 27,133 11,333 21,621
Noncash transactions:      
Transfer to other real estate owned in settlement of loans 22,623 26,484 22,913
Sales of other real estate financed 9,244 5,619 5,621
Stock Issued During Period, Value, Conversion of Convertible Securities $ 20,443 $ 0 $ 0