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Consolidated Statements Of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash Flows from Operating Activities:  
Net income$ 35,776$ 18,874
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation, amortization, and accretion26,38422,086
Provision for loan and lease losses88,000128,000
Realized gain on available-for-sale securities, net(1,524)(8,226)
Deferred income taxes1,487(42,125)
Gain on sale of loans and leases(9,423)(7,312)
(Gain) loss on sale of other real estate and foreclosed assets(917)1,403
Mortgage loans originated for sale(234,653)(263,553)
Proceeds from sale of mortgage loans originated for sale233,969260,156
Payments received on loans and leases transferred from held for sale to held for investment, net of advances on home equity lines of credit107,211120,764
Increase in cash surrender value of bank-owned life insurance(2,256)(3,285)
Decrease (increase) in accrued interest receivable763(1,149)
(Decrease) increase in accrued interest payable(753)2,158
Increase in accrued expenses and taxes payable2,1457,217
Other, net12,59610,543
Net cash provided by operating activities258,805245,551
Cash Flows from Investing Activities:  
Net increase in restricted short-term investments(31,473)(59,019)
Activity in available-for-sale securities:  
Sales182,749280,683
Maturities, repayments, and calls421,750515,775
Purchases(647,709)(1,175,706)
Net (increase) decrease in loans and leases(288,580)142,642
Purchase of bank-owned life insurance(3,287)0
Proceeds from bank-owned life insurance5,2145,622
Proceeds from sale of foreclosed assets22,97321,569
Additions to premises and equipment, net(8,193)(8,124)
Net cash used in investing activities(346,556)(276,558)
Cash Flows from Financing Activities:  
Net increase in deposits367,424227,815
Net decrease in other short-term borrowings(219,378)(456,680)
Net increase in short-term FHLB borrowings100,000200,000
Proceeds from long-term FHLB borrowings0150,000
Repayment of long-term FHLB borrowings(85,271)(255,143)
Proceeds from issuance of long-term debt047,749
Repayment of long-term debt(34,133)(23,987)
Proceeds from issuance of common stock3,134329,440
Redemption of preferred stock0(200,000)
Purchase of treasury stock(39)0
Redemption of warrant(5,269)0
Cash dividends paid(6,501)(11,543)
Net cash provided by financing activities119,9677,651
Net change in cash and cash equivalents32,216(23,356)
Cash and cash equivalents at January 1252,898291,206
Cash and cash equivalents at September 30285,114267,850
Supplemental Disclosure of Cash Flow Information  
Cash paid for interest on deposits and borrowings124,771139,400
Income tax payments2,93638,492
Supplemental Schedule of Noncash Activities  
Interest-bearing deposits held by consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities at January 1, 201007,537
Loans held by consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities at January 1, 20100248,333
Real estate acquired in settlement of loans30,84918,006
Long-term debt of consolidated variable interest entities for which creditors do not have recourse to Susquehanna's general credit at January 1, 20100239,936
Securities purchased not settled185,01870,013
Accretion of preferred stock discount05,532
Home equity line of credit loans transferred from held for sale to held for investment0434,897
Cumulative-effect adjustment to retained earnings relating to the consolidation of variable interest entities0(5,805)
Adjustment to accumulated other comprehensive income relating to the consolidation of variable interest entities$ 0$ (6,922)