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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 44,508 $ 40,132
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation, amortization, net of discount accretion (10,008) (7,328)
Stock-based compensation expense 297 1,008
Provision for loan losses 6,022 8,306
Valuation adjustment of OREO 448 762
Proceeds from sales of loans held for sale 68,143 67,732
Originations of loans held for sale (77,035) (53,176)
Net gains on sales of SBA and other loans (5,533) (6,051)
Net change in BOLI (584) (633)
Net gains on sales of securities available for sale 0 (54)
Net (gains) loss on sales of OREO (437) 9
Change in accrued interest receivable 270 (513)
Change in deferred income taxes 9,293 2,976
Change in prepaid FDIC insurance 0 7,771
Change in investments in affordable housing partnership 669 677
Change in FDIC loss share receivable 1,110 2,342
Change in other assets 8,440 8,376
Change in accrued interest payable 1,266 70
Change in other liabilities (337) (4,832)
Net cash provided by operating activities 46,532 67,574
CASH FLOWS FROM INVESTING ACTIVITIES    
Net change in loans receivable (261,309) (84,982)
Proceeds from sales of securities available for sale 0 6,636
Proceeds from sales of OREO 5,035 1,425
Purchase of premises and equipment (2,987) (3,348)
Purchase of securities available for sale (82,552) (147,995)
Purchase of FHLB stock (536) (1,969)
Redemption of FHLB stock 78 32
Proceeds from matured or paid-down securities available for sale 57,640 101,604
Redemption of preferred stock upon the acquisition 0 (7,475)
Net cash used in investing activities (284,631) (110,104)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net change in deposits 323,694 49,537
Redemption of subordinated debentures (15,464) (4,124)
Proceeds from FHLB advances 40,000 140,000
Repayment of FHLB advances 0 (153,697)
Cash dividends paid on Common Stock (11,917) (7,855)
Issuance of additional stock pursuant to various stock plans 0 2,083
Net cash provided by financing activities 336,313 25,944
NET CHANGE IN CASH AND CASH EQUIVALENTS 98,214 (16,586)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 316,705 312,916
CASH AND CASH EQUIVALENTS, END OF PERIOD 414,919 296,330
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest paid 16,085 14,159
Income taxes paid 14,245 19,516
SUPPLEMENTAL DISCLOSURES OF NON-CASH ACTIVITIES    
Transfer from loans receivable to OREO 1,368 4,396
Transfer from loans receivable to loans held for sale 34 0
Loans to facilitate sales of loans held for sale 5,250 0
Non-cash goodwill adjustment, net 0 (1,116)
Pacific International Bancorp, Inc.
   
CASH FLOWS FROM INVESTING ACTIVITIES    
Net cash received from acquisition 0 25,968
Pacific International Bank Acquisition    
Assets acquired 0 181,048
Liabilities assumed $ 0 $ (167,028)