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Consolidated Statements of Cash Flows (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash Flows From Operating Activities:    
Net income $ 10,890 $ 6,838
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for credit losses 5,331 3,790
Depreciation and amortization 1,213 1,327
Gains on sale of loans (2,807) (251)
Origination of loans held for sale (183,081) (41,222)
Proceeds from sale of loans held for sale 240,970 18,532
Net increase in cash surrender value of BOLI (201) (217)
Decrease deferred income taxes 782 176
Net loss on sale of other real estate owned 39 245
Net gain on sale of investment securities (591) (573)
Stock-based compensation expense 473 302
Excess tax benefit from stock-based compensation (62) (74)
(Increase) decrease in other assets (927) 515
(Decrease) increase in other liabilities (1,314) 308
Net cash provided by (used in) operating activities 70,715 (10,304)
Cash Flows From Investing Activities:    
Decrease (increase) in interest bearing deposits with other banks and short term investments 1,450 (578)
Purchases of available for sale investment securities (124,856) (46,218)
Proceeds from maturities of available for sale securities 37,408 28,725
Proceeds from sale/call of available for sale securities 67,225 16,176
Purchases of federal reserve and federal home loan bank stock (883)  
Proceeds from repurchase of federal reserve and federal home loan bank stock 663 132
Net increase in loans (277,642) (108,220)
Proceeds from sale of other real estate owned 5,327 1,755
Bank premises and equipment acquired (2,104) (669)
Net cash used in investing activities (293,412) (108,897)
Cash Flows From Financing Activities:    
Increase in deposits 214,036 117,717
Increase in customer repurchase agreements 39,313 15,314
Decrease in other short-term borrowings   (10,000)
Payment of dividends on preferred stock (579) (581)
Proceeds from exercise of stock options 308 130
Excess tax benefit from stock-based compensation 62 74
Net cash provided by financing activities 253,140 122,654
Net Increase In Cash and Cash Equivalents 30,443 3,453
Cash and Cash Equivalents at Beginning of Period 46,462 110,203
Cash and Cash Equivalents at End of Period 76,905 113,656
Supplemental Cash Flows Information:    
Interest paid 9,789 10,623
Income taxes paid 5,580 4,517
Non-Cash Investing Activities    
Transfers from loans to other real estate owned $ 2,060 $ 450