Statements of Cash Flows

9 Months Ended

Sep. 30, 2012

Note 14 –

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):

	Nine Months Ended September 30,
	2012		2011
Income taxes paid	$	37,551	$	22,374
Interest expense paid on deposits and borrowings		24,197		33,907
Noncash transfers from loans to foreclosed properties (1)		33,740		48,975
Transfer of long-term FHLB advance to short-term		-		1,900
Assets acquired in business combination		234,960		207,243
Liabilities assumed in business combination		209,322		228,236

(1)	Includes transfers from covered loans to foreclosed properties.

- 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.

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