Statements of Cash Flows

6 Months Ended

Jun. 30, 2011

Note 13 – Statements of Cash Flows

For purposes of reporting cash flows, cash and cash equivalents include cash on hand and amounts due from banks. The following table reflects specific transaction amounts for the periods presented ($ in thousands):

	Six Months Ended June 30,
	2011		2010
Income taxes paid	$	22,144	$	24,215
Interest expense paid on deposits and borrowings		23,858		32,654
Noncash transfers from loans to foreclosed properties		32,878		34,045
Transfer of long-term FHLB advance to short-term		-		75,000
Assets acquired in business combination		207,243		-
Liabilities assumed in business combination		228,236		-

- Definition

The entire disclosure for supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.

+ References+ Details