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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2015
Operating Activities:      
Net income $ 22,549 $ 32,266  
Adjustment to reconcile net income to net cash provided by operating activities:      
Provision for credit losses 1,000 (5,000) $ (13,000)
Depreciation and amortization 6,307 6,721  
Amortization of intangibles 880 1,032  
Amortization of debt securities premium and discount, net 2,651 3,332  
Share-based compensation expense 2,100 1,645  
Security gains, net (2) (14)  
Net deferred loan origination expense (1,583) (1,523)  
Excess tax benefit from exercise of stock options (314) (521)  
Increase in interest receivable (500) (948)  
Increase (decrease) in interest payable 234 (29)  
Realized gain on mortgages sold (10,615) (9,124)  
Proceeds from mortgages sold 329,730 269,213  
Origination of mortgages held for sale (315,374) (311,115)  
Loss on other real estate owned, net 843 1,394  
Increase in bank-owned life insurance (1,893) (1,813)  
Other, net 2,700 7,153  
Net cash provided by (used in) operating activities 38,713 (7,331)  
Investing activities:      
Proceeds from calls and maturities of available-for-sale securities 121,593 75,917  
Proceeds from sales of available-for-sale securities   1,110  
Purchases of available-for-sale securities (43,316) (118,760)  
Net increase in loans and leases (72,647) (16,098)  
Purchases of premises and equipment (5,653) (7,384)  
Proceeds from sale of premises and equipment 640 271  
Purchase of bank-owned life insurance, net of proceeds from death benefits   2,742  
Proceeds from sale of other real estate owned 2,562 7,391  
Other, net (29) (6)  
Net cash provided by (used in) investing activities 3,150 (54,817)  
Financing activities:      
Net increase in deposits 155,536 280,315  
Net decrease in short-term debt and other liabilities (36,852) (5,341)  
Repayment of long-term debt (2,094) (2,093)  
Issuance of common stock 8 825  
Repurchase of common stock (867) (2,288)  
Excess tax benefit from exercise of stock options 314 521  
Payment of cash dividends (9,424) (7,235)  
Net cash provided by financing activities 106,621 264,704  
Increase in cash and cash equivalents 148,484 202,556  
Cash and cash equivalents at beginning of period 197,969 357,250 357,250
Cash and cash equivalents at end of period $ 346,453 $ 559,806 $ 197,969