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Consolidated Statements of Cash Flows (USD $)
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net income $ 33,380,000 $ 37,056,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of intangibles 4,562,000 4,598,000
Provision for loan losses 1,900,000 2,500,000
Deferred tax expense 1,820,000 1,761,000
Increase in cash surrender value of Bank-owned life insurance (2,879,000) (4,154,000)
Net amortization of premiums and discounts on securities 4,792,000 7,277,000
Accretion of net deferred loan fees (1,541,000) (2,064,000)
Amortization of premiums on purchased loans, net 353,000 756,000
Net increase in loans originated for sale (3,524,000) (14,344,000)
Proceeds from sales of loans originated for sale 3,807,000 15,161,000
Proceeds from sales of foreclosed assets 3,539,000 3,704,000
ESOP expense 1,483,000 1,258,000
Allocation of stock award shares 3,654,000 2,802,000
Allocation of stock options 152,000 141,000
Net gain on sale of loans (283,000) (817,000)
Net loss (gain) on securities transactions 240,000 (934,000)
Net (gain) loss on sale of premises and equipment (1,000) 29,000
Net (gain) loss on sale of foreclosed assets (385,000) 195,000
Decrease in accrued interest receivable 405,000 1,003,000
Increase in other assets (14,780,000) (5,338,000)
Increase (decrease) in other liabilities 961,000 (3,303,000)
Net cash provided by operating activities 37,655,000 47,287,000
Cash flows from investing activities:    
Proceeds from maturities, calls and paydowns of investment securities held to maturity 24,481,000 51,146,000
Purchases of investment securities held to maturity (40,577,000) (44,718,000)
Proceeds from sales of securities 15,007,000 14,834,000
Proceeds from maturities, calls and paydowns of securities available for sale 91,710,000 196,434,000
Purchases of securities available for sale (18,566,000) (151,861,000)
Cash received, net of cash consideration paid for acquisition 68,650,000 0
Purchases of loans (31,027,000) (4,558,000)
Net increase in loans (54,216,000) (93,406,000)
Proceeds from sales of premises and equipment 0 35,000
Purchases of premises and equipment (10,890,000) (5,188,000)
Net cash provided by (used) in in investing activities 44,572,000 (37,282,000)
Cash flows from financing activities:    
Net decrease in deposits (134,377,000) (179,359,000)
Increase in mortgage escrow deposits 2,586,000 1,839,000
Purchases of treasury stock (3,880,000) (5,883,000)
Cash dividends paid to stockholders (18,234,000) (16,527,000)
Shares issued dividend reinvestment plan 659,000 595,000
Stock options exercised 106,000 153,000
Proceeds from long-term borrowings 322,231,000 50,000,000
Payments on long-term borrowings (161,959,000) (45,798,000)
Net (decrease) increase in short-term borrowings (58,144,000) 161,657,000
Net cash used in financing activities (51,012,000) (33,323,000)
Net increase (decrease) in cash and cash equivalents 31,215,000 (23,318,000)
Cash and cash equivalents at beginning of period 101,224,000 103,823,000
Cash and cash equivalents at end of period 132,439,000 80,505,000
Cash paid during the period for:    
Interest on deposits and borrowings 19,283,000 18,692,000
Income taxes 12,531,000 13,344,000
Non-cash investing activities:    
Transfer of loans receivable to foreclosed assets 4,206,000 5,537,000
Non-cash assets acquired:    
Investment securities available for sale 157,635 0
Loans 631,390 0
Bank-owned life insurance 22,319  
Goodwill and other intangible assets, net 50,041 0
Other assets 33,939 0
Total non-cash assets acquired 895,324 0
Liabilities assumed:    
Deposits 769,936 0
Borrowings 112,835 0
Other Liabilities (2,314) 0
Total liabilities assumed 880,457 0
Common stock issued for acquisitions $ 83,517 $ 0