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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities:    
Net income $ 29,183 $ 27,728
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,797 3,776
Loss (gain) on sale of other real estate owned (87) 577
Write-down of other real estate owned 1,721 809
Provision for loan losses 5,500 9,000
Deferred tax benefit (360) (18)
Stock based compensation expense 246 268
Net gain on sale of bank premises and equipment (16) (2)
Net gain on sales and calls of securities (1,434) (1,398)
Increase in taxes receivable 2,747 1,530
Decrease in interest receivable 52 1,249
Decrease in interest payable (11) (295)
Decrease in other assets 6,292 1,680
Increase in accrued expenses and other liabilities 1,634 1,030
Total adjustments 20,081 18,206
Net cash provided by operating activities 49,264 45,934
Cash flows from investing activities:    
Proceeds from sales and calls of securities available for sale 355,678 906,211
Proceeds from calls and maturities of held to maturity securities 52,148 70,640
Purchases of securities available for sale (389,877) (1,039,173)
Proceeds from maturities of securities available for sale 10,052 2,416
Purchases of held to maturity securities 0 (10,303)
Purchases of Federal Reserve Bank and Federal Home Loan Bank stock (868) (628)
Net increase in loans (165,626) (107,552)
Proceeds from dispositions of other real estate owned 6,929 7,749
Proceeds from dispositions of bank premises and equipment 16 2
Purchases of bank premises and equipment (5,306) (4,021)
Net cash used in investing activities (136,854) (174,659)
Cash flows from financing activities:    
Net increase in deposits 90,175 40,480
Net increase in short-term borrowings 25,380 14,188
Proceeds from sale of treasury stock 2,188 2,176
Dividends paid (18,520) (18,418)
Net cash provided by financing activities 99,223 38,426
Net decrease in cash and cash equivalents 11,633 (90,299)
Cash and cash equivalents at beginning of period 544,016 532,943
Cash and cash equivalents at end of period 555,649 442,644
Cash paid during the year for:    
Interest paid 11,446 16,238
Income taxes paid 14,691 15,127
Other non cash items:    
Transfer of loans to other real estate owned 9,685 12,561
Transfer of building to other assets 3,189 0
Increase in dividends payable 26 25
Change in unrealized gain (loss) on securities available for sale - gross of deferred taxes (29,227) 12,166
Change in deferred tax effect on unrealized gain (loss) on securities available for sale 11,654 (4,851)
Amortization of net actuarial loss and prior service credit on pension and postretirement plans 153 96
Change in deferred tax effect of amortization of net actuarial loss and prior service credit $ (61) $ (39)