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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating activities    
Net income $ 44,116 $ 30,634
Adjustments to reconcile net income to net cash used in operating activities, net of effects from acquisitions:    
Provision for loan losses 3,230 2,250
Depreciation, amortization and accretion 88 2,687
Deferred income tax expense 3,845 5,918
Funding of mortgage loans held for sale (1,006,507) (407,893)
Proceeds from sales of mortgage loans held for sale 968,800 335,538
Gains on sales of mortgage loans held for sale (12,971) (10,040)
Gains on sales of securities (1,186) (96)
Penalty on extinguishment of debt 329 0
Losses on sales of premises and equipment 102 19
Stock-based compensation 1,715 1,720
Decrease in FDIC loss-share indemnification asset, net of accretion 1,049 3,623
(Increase) decrease in other assets (5,392) 12,084
Decrease in other liabilities (3,464) (8,887)
Net cash used in operating activities (6,246) (32,443)
Investing activities    
Purchases of securities available for sale (34,651) (29,066)
Proceeds from sales of securities available for sale 4,028 1,213
Proceeds from call/maturities of securities available for sale 72,069 51,461
Purchases of securities held to maturity (9,073) (119,766)
Proceeds from call/maturities of securities held to maturity 81,510 109,817
Net increase in loans (272,514) (48,164)
Purchases of premises and equipment (5,651) (11,194)
Proceeds from sales of premises and equipment 1,198 0
Proceeds from sales of other assets 7,957 0
Net cash received in acquisition 25,263 0
Net cash used in investing activities (129,864) (45,699)
Financing activities    
Net increase in noninterest-bearing deposits 107,969 52,800
Net increase (decrease) in interest-bearing deposits 25,791 (774)
Net increase in short-term borrowings 20,361 31,826
Proceeds from long-term borrowings 277 0
Repayment of long-term debt (5,436) (1,836)
Cash paid for dividends (14,498) (10,800)
Cash received on exercise of stock options 401 73
Excess tax benefit from stock-based compensation 482 232
Net cash provided by financing activities 135,347 71,521
Net decrease in cash and cash equivalents (763) (6,621)
Cash and cash equivalents at beginning of period 211,571 161,583
Cash and cash equivalents at end of period 210,808 154,962
Supplemental disclosures    
Cash paid for interest 12,624 10,586
Cash paid for income taxes 16,411 5,994
Noncash transactions:    
Transfers of loans to other real estate owned 3,508 6,930
Financed sales of other real estate owned 150 637
Transfers of loans held for sale to loan portfolio 14,375 0
Common stock issued in merger and acquisition transaction $ 55,290 $ 0