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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Dec. 31, 2014
Cash Flows from Operating Activities          
Net income $ 10,626 $ 9,109 $ 28,323 $ 25,181  
Adjustments to reconcile net income to net cash provided by operating activities:          
Stock-based and non-cash compensation     1,001 835  
Depreciation     4,267 4,238  
Amortization of intangible assets 807 701 2,384 2,181  
Provision for loan losses     600 2,000  
Provision for deferred income taxes     (1,986) 11,999  
Amortization of security premiums and discounts, net     6,336 5,525  
Accretion of premiums and discounts on loans, net     (1,222)    
Net security losses (gains)     21 (40)  
Gain on sales of loans (1,549) (1,339) (4,843) (3,554)  
Net loss on disposition of premises and equipment     145 4  
Premises and equipment impairment     670    
Increase in cash surrender value of bank owned life Insurance     (1,090) (436)  
Change in assets and liabilities:          
Decrease (increase) in other assets     2,028 (2,427)  
Decrease in other liabilities     (2,937) (4,209)  
Decrease in interest payable     (98) (146)  
Decrease (increase) in income taxes receivable     3,742 (426)  
Net cash provided by operating activities before activities for loans originated for sale     37,341 40,725  
Loans originated for sale     (228,307) (164,570)  
Proceeds from sales of loans     229,604 169,874  
Net cash provided by operating activities     38,638 46,029  
Cash Flows from Investing Activities          
Proceeds from sales of securities classified available for sale     15,302 65,906  
Proceeds from maturities of securities classified available for sale     152,165 137,943  
Proceeds from maturities of securities classified held to maturity     408 6  
Purchase of securities classified available for sale     (235,905) (169,560)  
Purchase of securities classified held to maturity     (16,025) (1,026)  
Net increase in loans     (54,656) (89,514)  
Proceeds from disposition of premises and equipment     311 8  
Proceeds from sale of other real estate owned ("OREO") properties     927 2,655 $ 2,739
Purchases of premises and equipment     (3,265) (2,792)  
Net cash received in acquisitions     12,114    
Net cash used in investing activities     (128,624) (56,374)  
Cash Flows from Financing Activities          
Net decrease in certificates of deposit     (66,625) (65,691)  
Net increase in demand, money market and savings deposits     34,406 21,947  
Cash dividends paid     (13,586) (12,699)  
Value of shares surrendered upon vesting of restricted stock units to cover tax obligations     (269) (25)  
Proceeds from long-term debt       30,000  
Net decrease in securities sold under agreements to repurchase     (21,932) (15,066)  
Cash payment for fractional shares related to reverse stock split     (5)    
Purchase of treasury stock     (6,296)    
Net cash used in financing activities     (74,307) (41,534)  
Net decrease in cash and due from banks     (164,293) (51,879)  
Cash and due from banks, beginning     339,438 231,603 231,603
Cash and due from banks, ending $ 175,145 $ 179,724 175,145 179,724 339,438
Cash Payments for:          
Interest     4,751 5,075  
Income taxes     9,570 2,686  
Non-cash investing and financing activities:          
Other real estate acquired in settlement of loans     $ 399 $ 596 $ 660