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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income $ 42,329 $ 41,598
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of intangibles 6,585 6,886
Provision for loan losses 3,200 1,700
Deferred tax expense 112 2,197
Increase in cash surrender value of Bank-owned life insurance (2,701) (2,665)
Net amortization of premiums and discounts on securities 5,037 5,397
Accretion of net deferred loan fees (1,627) (1,905)
Amortization of premiums on purchased loans, net 514 564
Net increase in loans originated for sale (7,750) (4,713)
Proceeds from sales of loans originated for sale 8,457 5,214
Proceeds from sales of foreclosed assets 2,501 2,277
ESOP expense 1,530 1,390
Allocation of stock award shares 1,495 2,452
Allocation of stock options 88 128
Net gain on sale of loans (707) (501)
Net gain on securities transactions (97) (645)
Net (gain) loss on sale of premises and equipment (4) 6
Net gain on sale of foreclosed assets (235) (140)
Decrease (increase) in accrued interest receivable 289 (400)
Increase in other assets (15,156) (11,052)
Increase in other liabilities 13,162 4,270
Net cash provided by operating activities 57,022 52,058
Cash flows from investing activities:    
Proceeds from maturities, calls and paydowns of investment securities held to maturity 17,336 16,581
Purchases of investment securities held to maturity (23,930) (20,443)
Proceeds from sales of securities 2,193 14,005
Proceeds from maturities, calls and paydowns of securities available for sale 92,819 96,155
Purchases of securities available for sale (130,788) (73,120)
Net decrease (increase) in Federal Home Loan Bank stock 1,871 (8,103)
Net cash and cash equivalents paid in acquisition 0 (25,613)
Purchases of loans (28,590) (49,762)
Net increase in loans (216,119) (176,873)
Proceeds from sales of premises and equipment 4 0
Purchases of premises and equipment (2,411) (3,222)
Net cash used in investing activities (287,615) (230,395)
Cash flows from financing activities:    
Net increase in deposits 305,899 21,698
Increase in mortgage escrow deposits 4,893 4,321
Purchases of treasury stock (2,702) (1,933)
Cash dividends paid to stockholders (23,222) (21,297)
Shares issued through the dividend reinvestment plan 751 729
Stock options exercised 2,630 1,065
Proceeds from long-term borrowings 251,652 329,937
Payments on long-term borrowings (295,336) (157,096)
Net increase in short-term borrowings 1,329 1,883
Net cash provided by financing activities 245,894 179,307
Net increase in cash and cash equivalents 15,301 970
Cash and cash equivalents at beginning of period 102,226 103,762
Cash and cash equivalents at end of period 117,527 104,732
Cash paid during the period for:    
Interest on deposits and borrowings 21,821 20,323
Income taxes 15,676 18,356
Non-cash investing activities:    
Transfer of loans receivable to foreclosed assets 2,529 5,127
Goodwill and other intangible assets, net 0 29,953
Other assets 0 112
Total non-cash assets acquired 0 30,065
Other Liabilities 0 366
Total liabilities assumed $ 0 $ 366