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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net income $ 27,728 $ 24,373
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,776 3,605
Loss on sale of other real estate owned 577 304
Writedown of other real estate owned 809 2,890
Provision for loan losses 9,000 14,550
Deferred tax benefit (18) (1,942)
Stock based compensation expense 268 111
Net gain on sale of bank premises and equipment (2) 0
Net gain on sales and calls of securities (1,398) (1,296)
Decrease in taxes receivable 1,530 4,618
Decrease in interest receivable 1,249 323
Decrease in interest payable (295) (303)
Decrease in other assets 1,680 4,581
Increase in due to broker 0 10,000
Increase in accrued expenses and other liabilities 1,030 150
Total adjustments 18,206 37,591
Net cash provided by operating activities 45,934 61,964
Cash flows from investing activities:    
Proceeds from sales and calls of securities available for sale 906,211 916,106
Proceeds from calls and maturities of held to maturity securities 70,640 68,489
Purchases of securities available for sale (1,039,173) (1,019,583)
Proceeds from maturities of securities available for sale 2,416 13,185
Purchases of held to maturity securities (10,303) (70,935)
Purchases of Federal Reserve Bank and Federal Home Loan Bank stock (628) 0
Proceeds from sales of Federal Reserve Bank and Federal Home Loan Bank stock 0 53
Net increase in loans (107,552) (141,166)
Proceeds from dispositions of other real estate owned 7,749 6,914
Proceeds from dispositions of bank premises and equipment 2 0
Purchases of bank premises and equipment (4,021) (2,919)
Net cash used in investing activities (174,659) (229,856)
Cash flows from financing activities:    
Net increase in deposits 40,480 126,440
Net increase in short-term borrowings 14,188 18,466
Proceeds from sale of treasury stock 2,176 2,190
Proceeds from common stock offering 0 67,578
Dividends paid (18,418) (15,207)
Net cash provided by financing activities 38,426 199,467
Net increase (decrease) in cash and cash equivalents (90,299) 31,575
Cash and cash equivalents at beginning of period 532,943 444,250
Cash and cash equivalents at end of period 442,644 475,825
Cash paid during the year for:    
Interest paid 16,238 20,470
Income taxes paid 15,127 8,805
Other non cash items:    
Transfer of loans to other real estate owned 12,561 8,803
Increase in dividends payable 25 1,052
Change in unrealized gain on securities available for sale-gross of deferred taxes 12,166 7,413
Change in deferred tax effect on unrealized gain on securities available for sale (4,851) (2,956)
Amortization of net actuarial loss and prior service credit on pension and post retirement plans 96 (133)
Change in deferred tax effect of amortization of net actuarial loss and prior service credit $ (39) $ 53