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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
OPERATING ACTIVITIES:      
Net income $ 40,491 $ 40,058 $ 45,863
Adjustments to reconcile net income to net cash provided by operations:      
Depreciation 3,365 3,204 2,888
Amortization of premium 37,117 35,245 15,393
Accretion of discount and loan fees (4,336) (4,502) (3,913)
Provision for loan losses 7,496 13,737 15,093
Stock compensation expense 261 0 0
Deferred tax (benefit) expense (1,254) 673 (1,642)
Gain on sale of securities carried at fair value through income (937) 0 0
Gain on sale of securities available for sale (11,795) (25,789) (33,446)
Net other-than-temporary impairment losses 0 75 3,000
Fair value (gain) loss - securities (6,693) 598 0
FHLB advance option impairment charges 8,923 0 0
Gain on sale of assets (4) (7) 0
Loss on retirement of assets 90 0 171
Impairment on other real estate owned 264 20 729
(Gain) loss on sale of other real estate owned (298) 153 52
Net Change in:      
Interest receivable (1,393) 449 (2,130)
Other assets (2,254) (8,289) (12,239)
Interest payable (888) (879) (1,621)
Other liabilities 2,396 1,566 (944)
Loans held for sale 3,031 (3,726) (2,346)
Net cash provided by operating activities 73,582 52,586 24,908
Securities held to maturity:      
Purchases (11,875) (258,935) (139,228)
Maturities, calls and principal repayments 46,396 74,915 51,167
Securities available for sale:      
Purchases (629,911) (1,399,085) (1,484,005)
Sales 582,362 1,325,221 978,610
Maturities, calls and principal repayments 268,514 357,164 324,558
Securities carried at fair value through income:      
Purchases (868,937) (32,689) 0
Sales 234,403 0 0
Maturities, calls and principal repayments 56,406 3,462 0
Proceeds from redemption of FHLB stock 18,236 6,818 3,698
Purchases of FHLB stock and other investments (17,393) (2,900) (2,916)
Net increase in loans (21,898) (58,985) (26,657)
Purchases of premises and equipment (3,915) (6,902) (6,814)
Proceeds from sales of premises and equipment 13 38 0
Proceeds on bank owned life insurance 0 0 1,086
Proceeds from sales of other real estate owned 1,431 1,648 1,102
Proceeds from sales of repossessed assets 4,820 4,949 2,900
Net cash (used in) provided by investing activities (341,348) 14,719 (296,499)
FINANCING ACTIVITIES:      
Net increase in demand and savings accounts 150,439 190,323 94,798
Net increase in certificates of deposit 40,842 87,268 199,521
Net (decrease) increase in federal funds purchased and repurchase agreements (899) (9,481) 2,696
Proceeds from FHLB advances 13,270,293 8,949,688 7,961,046
Repayment of FHLB advances (13,210,331) (9,241,985) (7,991,050)
Net capital distributions to noncontrolling interest in consolidated entities (475) (310) (1,471)
Purchase of noncontrolling interest (4,750) 0 0
Tax benefit of incentive stock options 2 331 651
Purchase of common stock 0 (4,832) (430)
Proceeds from the issuance of common stock 1,481 1,823 2,300
Dividends paid (14,671) (13,223) (11,078)
Net cash provided by (used in) financing activities 231,931 (40,398) 256,983
Net (decrease) increase in cash and cash equivalents (35,835) 26,907 (14,608)
Cash and cash equivalents at beginning of year 79,073 52,166 66,774
Cash and cash equivalents at end of year 43,238 79,073 52,166
SUPPLEMENTAL DISCLOSURES FOR CASH FLOW INFORMATION:      
Interest paid 36,519 46,186 54,293
Income taxes paid 9,000 10,650 17,500
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES:      
Acquisition of other repossessed assets and real estate through foreclosure 6,232 6,990 8,560
Adjustment to pension liability 8,382 5,531 (4,099)
5% stock dividend 15,995 15,513 13,527
Unsettled trades to purchase securities (1,196) (145) (2,573)
Unsettled trades to sell securities 0 0 8,084
Unsettled issuances of brokered CDs $ 0 $ 4,960 $ 19,842