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Condensed Consolidated Statements of Cash Flows (unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities:    
Net income $ 10,140 $ 11,820
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,121 1,151
Deferred taxes (443) 905
Stock-based compensation 191 164
Excess tax benefits of stock-based compensation 6 35
Provision for loan losses 1,345 1,559
Write-downs of other real estate owned and other repossessed assets 874 1,146
Gains on sale of mortgage loans held for sale (190) (1,397)
Losses on sales of securities 60 0
Losses on sale of assets, net 14 65
Proceeds from sale of mortgage loans held for sale 8,583 59,723
Funding of mortgage loans held for sale (9,176) (37,289)
Amortization of securities premiums and discounts, net 664 1,086
Change in cash surrender value of bank owned life insurance (356) (324)
Mortgage servicing rights:    
Fair value adjustments 229 69
New servicing assets created (63) (357)
Changes in:    
Other assets 927 (486)
Other liabilities 699 (5,968)
Net cash provided by operating activities 14,625 31,902
Certificates of deposit in other banks:    
Purchase of certificates of deposit 0 (3,984)
Securities available-for-sale (AFS):    
Purchase of AFS securities (168,168) (109,477)
Proceeds from the sales of AFS securities 112,949 0
Proceeds from prepayments and maturities of AFS securities 19,911 31,637
Change in loans, net 28,250 (15,881)
Purchase of premises and equipment (250) (267)
Proceeds from sale of premises and equipment 18 0
Redemption of stock by Federal Home Loan Bank 7,746 0
Additional investment in Federal Reserve Bank stock (1) (1)
Proceeds from sale of other real estate and other repossessed assets 1,837 2,347
Additional investment in other real estate and other repossessed assets 0 (5)
Additional investment in bank owned life insurance 0 (7,949)
Net cash provided by (used in) investing activities 2,292 (103,580)
Cash flows from financing activities:    
Change in deposits, net 69,115 29,732
Change in repurchase agreements, federal funds purchased, and other short-term borrowings, net 5,847 6,411
Payments on advances from Federal Home Loan Bank (29) (42)
Issuance of common stock 290 883
Excess tax benefits of stock-based compensation (6) (35)
Dividends paid (5,086) (4,887)
Net cash provided by financing activities 70,131 32,062
Net increase (decrease) in cash and cash equivalents 87,048 (39,616)
Cash and cash equivalents at beginning of period 106,641 207,560
Cash and cash equivalents at end of period 193,689 167,944
Supplemental disclosures:    
Income taxes paid 4,100 4,500
Interest paid 2,794 3,411
Non-cash activities:    
Loans to facilitate the sale of other real estate owned and other repossessed assets 1,415 318
Common stock dividends accrued, paid in subsequent quarter 201 4,900
Real estate acquired in settlement of loans $ 1,273 $ 2,047