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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Statement of Cash Flows [Abstract]    
Net Income $ 9,840 $ 11,389
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Accretion of purchased credit impaired loans (20,843) (24,840)
Depreciation and amortization 4,223 4,655
Impairment of premises and equipment 0 1,525
Provision (reversal) for loan and lease losses 1,375 (841)
Deferred income tax 4,389 6,015
Net amortization of investment securities premium/discount 1,123 1,663
Net realized gains on investment securities (40) (90)
Stock-based compensation expense 317 284
Net gains on sales of OREO (679) (7)
OREO valuation expense 467 1,390
Other (6) 2
Net deferred loan origination fees 1,105 (839)
Mortgage loans originated for sale (29,550) (49,165)
Proceeds from sales of mortgage loans originated for sale 33,021 43,425
Fees on mortgage loans originated and sold (971) (1,147)
FDIC indemnification asset expense 0 2,439
Termination of loss share agreements 9,178 0
Gains on sales/disposals of premises and equipment (20) (3)
Net proceeds from FDIC loss share agreements (186) 276
Change in other assets 61 (1,685)
Change in accrued expenses and other liabilities (2,652) (18,300)
Net cash provided by (used in) operating activities 10,152 (23,854)
Cash flows from investing activities    
Purchases of investment securities available-for-sale (35,489) (54,469)
Purchases of investment securities held-to-maturity (4,000) (29,911)
Proceeds from sale of investment securities available-for-sale 0 20,328
Repayments of principal and maturities of investment securities available-for-sale 15,824 18,023
Repayments of principal and maturities of investment securities held-to-maturity 17,359 18,243
Net purchases of FHLB and FRB stock 1,993 (1,997)
Net decrease (increase) in loans 12,854 (49,467)
Proceeds paid to FDIC for settlement of loss share agreements (3,029) 0
Purchases of premises and equipment (721) (547)
Proceeds from sales of premises and equipment 550 0
Proceeds from sales of OREO 7,072 7,887
Net cash provided by (used in) investing activities 12,413 (71,910)
Cash flows from financing activities    
Net increase in demand, money market and savings accounts 162,935 99,035
Net (decrease) increase in time deposits (83,412) 9,421
Net change in short-term borrowings 3,790 4,198
Repayment of short-term FHLB advances (215,000) (500,000)
Proceeds from short-term FHLB advances 155,000 560,000
Decrease in long-term FHLB advances (49) (48)
Excess tax benefit from share-based payment 19 0
Proceeds from exercise of stock options 180 0
Dividends paid (4,314) 0
Purchases of treasury stock (4,390) (24,996)
Net cash provided by financing activities 14,759 147,610
Net increase in cash and cash equivalents 37,324 51,846
Cash and cash equivalents at beginning of period 144,696 188,135
Cash and cash equivalents at end of period 182,020 239,981
Supplemental disclosures of cash:    
Interest paid 5,390 3,527
Cash collections of contractual interest on purchased credit impaired loans 11,764 15,642
Income taxes paid 189 930
Supplemental disclosures of non-cash transactions:    
OREO acquired through loan transfers 998 3,098
Transfers of other assets to OREO $ 1,590 $ 0