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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 $ 14,496 $ 16,844 $ 15,952
Adjustments to reconcile net income to net cash provided by operating activities:      
Amortization of investment security premiums, net 2,894 2,435 1,007
Depreciation 2,564 2,419 2,101
Intangible amortization 439 512 622
Provision for loan losses, non-covered loans 1,875 7,100 10,500
Provision (recovery) of loan losses, covered loans 12,740 2,644 (450)
Earnings on bank owned life insurance (132) (191) (311)
Net gain on sale of investment securities (556) (931) 0
Net loss (gain) on sale of premises and equipment 2 11 (74)
Net gain on sale of non-covered other real estate owned (54) (145) (62)
Net gain on sale of covered other real estate owned (1,535) (2,733) (6,526)
Net gain on sale of loans held for sale (3,267) (3,848) (1,197)
Origination of loans held for sale (137,575) (203,550) (139,264)
Proceeds from sales of loans held for sale 155,496 211,776 129,016
Valuation adjustment on non-covered other real estate owned 1,323 844 272
Valuation adjustment on covered other real estate owned 2,033 3,704 6,672
Deferred taxes 2,503 (3,198) 2,419
Change in FDIC indemnification asset (5,735) 9,126 9,232
Stock-based compensation 878 811 623
Excess tax benefit from stock awards (5) (31) (1)
Net change in assets and liabilities:      
Net decrease in other assets 20,763 18,745 18,349
Net (decrease) increase in other liabilities (5,514) 8,562 2,897
Net cash provided by operating activities 63,633 70,906 51,777
Cash flows from investing activities:      
Purchases of investment securities available for sale (143,563) (197,558) (189,494)
Proceeds from investment securities available for sale 66,423 121,402 95,306
Redemption of Federal Home Loan Bank stock 269 135 0
Net decrease (increase) in non-covered loans and covered loans 19,519 (5,553) 91,750
Purchases of premises and equipment (853) (1,698) (2,209)
Proceeds from the sale of premises and equipment 0 9 537
Proceeds from sale of non-covered other real estate owned 2,754 2,866 5,181
Proceeds from sale of covered other real estate owned 19,495 21,907 28,760
Capitalization of non-covered other real estate owned improvements (241) 0 0
Capitalization of covered other real estate owned improvements 0 0 (697)
Net cash (used in) provided by investing activities (36,197) (58,490) 29,134
Cash flows from financing activities:      
Net increase (decrease) in deposits 4,519 (3,371) (25,876)
Redemption of preferred stock 0 0 (26,380)
Repurchase of common stock warrant 0 0 (1,625)
Proceeds from exercise of stock options 124 301 301
Excess tax benefits from stock awards 5 31 1
Dividends paid on preferred stock 0 0 (38)
Dividends paid on common stock (8,299) (7,717) (3,068)
Net cash used in financing activities (3,651) (10,756) (56,685)
Net change in cash and cash equivalents 23,785 1,660 24,226
Cash and cash equivalents at beginning of period 107,573 105,913 81,687
Cash and cash equivalents at end of period 131,358 107,573 105,913
Cash paid during the period for:      
Interest 5,548 7,350 10,285
Income taxes 10,500 1,500 7,400
Supplemental disclosures about noncash investing and financing activities:      
Change in fair value of investment securities available for sale, net of tax (9,898) 1,534 2,956
Transfer of non-covered loans to non-covered other real estate owned 3,826 4,612 3,245
Transfer of covered loans to covered other real estate owned $ 12,513 $ 9,716 $ 25,065