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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating activities    
Net income $ 15,104 $ 13,824
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan and lease losses (1,033) 12,083
Depreciation and amortization 3,178 3,875
Stock-based compensation expense 810 1,087
Pension (income) expense (253) 15
Net amortization of premiums/accretion of discounts on investment securities 1,730 3,788
Gains on sales of investment securities (50) (1,536)
Originations of loans held for sale (18,297) (47,969)
Net gains from sales of loans held for sale (396) (706)
Proceeds from sales of loans held for sale 19,012 35,868
Deferred income taxes 0 (2,114)
Increase in interest receivable (2,663) (1,660)
Increase in cash surrender value of life insurance (418) (423)
Increase in prepaid expenses (892) (2,501)
Decrease in indemnification asset (6,088) (7,179)
Decrease in accrued expenses (7,760) (6,215)
Decrease in interest payable (130) (282)
Other (906) 7,583
Net cash provided by operating activities 13,124 21,896
Investing activities    
Proceeds from sales of securities available-for-sale 92,573 48,686
Proceeds from calls, paydowns and maturities of securities available-for-sale 26,247 53,351
Purchases of securities available-for-sale (61,081) (54,838)
Proceeds from calls, paydowns and maturities of securities held-to-maturity 22,584 51,591
Purchases of securities held-to-maturity 67,350 0
Net decrease in interest-bearing deposits with other banks 16,149 23,171
Net increase in loans and leases - excluding covered loans (110,107) (72,053)
Net decrease in covered assets 41,574 44,904
Proceeds from disposal of other real estate owned 12,082 5,500
Purchases of premises and equipment (1,567) (3,857)
Net cash (used in) provided by investing activities (28,896) 96,455
Financing activities    
Net decrease in total deposits (17,118) (134,493)
Net increase in short-term borrowings 86,344 8,493
Payments on long-term borrowings (610) (697)
Cash dividends paid on common stock (8,570) (16,149)
Treasury stock purchase (697) (3,831)
Proceeds from exercise of stock options 64 0
Excess tax benefit on share-based compensation 254 73
Net cash provided by (used in) financing activities 59,667 (146,604)
Cash and cash equivalents:    
Net increase (decrease) in cash and due from banks 43,895 (28,253)
Cash and due from banks at beginning of period 117,620 134,502
Cash and due from banks at end of period $ 161,515 $ 106,249