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CONSOLIDATED STATEMENTS OF CASH FLOW (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2010
Mar. 31, 2011
Restated
OPERATING ACTIVITIES:    
Net income $ 12,175 $ 9,239
Adjustments to reconcile net income to net cash provided by operations:    
Depreciation 775 806
Amortization of premium 7,120 8,708
Accretion of discount and loan fees (1,271) (1,171)
Provision for loan losses 3,867 2,138
Deferred tax expense (benefit) (50) 308
Gain on sale of securities carried at fair value through income 0 (254)
Gain on sale of securities available for sale (8,355) (1,551)
Fair value (gain) loss - securities 0 (1,627)
Net other-than-temporary impairment losses 75 0
Gain on sale of assets (7) 0
Loss on retirement of assets 0 90
Impairment on other real estate owned 20 130
Gain on sale of other real estate owned (15) 0
Net Change in:    
Interest receivable 3,134 2,818
Other assets 1,052 (2,299)
Interest payable (430) (409)
Other liabilities 4,380 1,356
Loans held for sale 821 3,918
Net cash provided by operating activities 23,291 22,200
Securities held to maturity:    
Purchases (215,686) (5,301)
Maturities, calls and principal repayments 18,129 12,554
Securities available for sale:    
Purchases (333,042) (252,881)
Sales 401,174 169,172
Maturities, calls and principal repayments 99,766 79,645
Securities carried at fair value through income:    
Purchases 0 (130,064)
Sales 0 12,983
Maturities, calls and principal repayments 0 3,812
Proceeds from redemption of FHLB stock 2,360 9,738
Purchases of FHLB stock and other investments (36) (4,242)
Net decrease in loans 11,328 10,529
Purchases of premises and equipment (1,795) (1,092)
Proceeds from sales of premises and equipment 38 0
Proceeds from sales of other real estate owned 419 0
Proceeds from sales of repossessed assets 1,199 1,517
Net cash used in investing activities (16,146) (93,630)
FINANCING ACTIVITIES:    
Net increase in demand and savings accounts 125,151 44,367
Net increase (decrease) in certificates of deposit (67,420) 26,827
Net decrease in federal funds purchased and repurchase agreements (6,155) (863)
Proceeds from FHLB advances 1,203,170 1,074,136
Repayment of FHLB advances (1,273,780) (1,100,011)
Net capital distributions to noncontrolling interest in consolidated entities (156) (115)
Tax benefit of incentive stock options 145 2
Purchase of common stock (24) 0
Proceeds from the issuance of common stock 472 292
Dividends paid (2,552) (2,658)
Net cash provided by (used in) financing activities (21,149) 41,977
Net decrease in cash and cash equivalents (14,004) (29,453)
Cash and cash equivalents at beginning of period 52,166 79,073
Cash and cash equivalents at end of period 38,162 49,620
SUPPLEMENTAL DISCLOSURES FOR CASH FLOW INFORMATION:    
Interest paid 12,341 10,055
Income taxes paid 0 0
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES:    
Acquisition of other repossessed assets and real estate through foreclosure 1,930 1,576
Adjustment to pension liability (247) (355)
5% stock dividend 15,504 16,109
Unsettled trades to purchase securities (37,458) (52,044)
Unsettled trades to sell securities 1,453 0
Unsettled issuances of brokered CDs $ 19,830 $ 0