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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
9 Months Ended12 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Dec. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:   
Net income$ 16,015$ 1,313$ 3,225
Adjustments to reconcile net income to net cash provided by operating activities:   
Depreciation, amortization and accretion6,3896,369 
Amortization of tax credits682689 
Deferred income tax expense (benefit)1,687(3,274) 
Amortization of intangibles358219 
Provision for credit losses6,63416,959 
Increase in accrued interest receivable(541)(284) 
(Increase) decrease in other assets(3,502)30,433 
Loss on impairment of securities1790 
Gains on sales of securities(521)(945) 
Net loss on disposal of premises and equipment30546 
Net other real estate owned valuation adjustments and (loss) gain on sales1,2553,229 
Gains on sales of loans(1,035)(629) 
Origination of loans held for sale(27,474)(19,409) 
Proceeds from sales of loans held for sale29,61019,359 
(Decrease) increase in interest payable(2,085)214 
Increase (decrease) in other liabilities1,363(4,025) 
Increase in cash surrender value of bank owned life insurance(653)(638) 
Stock based compensation expense1,4521,403 
Excess tax benefits associated with stock plans(53)0 
Decrease (increase) in trading securities114(22) 
Net cash provided by operating activities30,17951,007 
CASH FLOWS FROM INVESTING ACTIVITIES:   
Proceeds from maturities of available for sale securities198,778192,756 
Proceeds from sales of available for sale securities39,19336,728 
Purchase of available for sale securities(406,429)(299,214) 
Loans made to customers less than principal collected on loans10,204112,910 
Proceeds from the sale of other real estate owned20,39231,882 
Capital expenditures on other real estate owned(521)(3,094) 
Capital expenditures on premises and equipment(1,845)(1,588) 
Net cash (used) provided by investing activities(140,228)70,380 
CASH FLOWS FROM FINANCING ACTIVITIES:   
Net increase in demand, savings and interest bearing transaction accounts138,70561,478 
Net decrease in time deposits(88,449)(233,307) 
Proceeds from issuance of long-term borrowings50,0000 
Repayment of long-term borrowings(49,118)(81,500) 
Proceeds from issuance of short-term borrowings55,8180 
Repayment of short-term borrowings(67,200)(17,600) 
Proceeds from secured borrowings04,906 
Proceeds from issuance of common stock-Stock Options742 
Proceeds from issuance of common stock-Rights Offering010,000 
Costs of issuance of common stock-Rights Offering0(761) 
Proceeds from issuance of common stock-Discretionary Program07,856 
Costs of issuance of common stock-Discretionary Program0(817) 
Fractional share payment(18)0 
Redemption of stock pursuant to stock plans(509)(31) 
Excess tax benefits associated with stock plans530 
Activity in deferred compensation plan(20)255 
Net cash provided (used) by financing activities39,336(249,519) 
NET DECREASE IN CASH AND CASH EQUIVALENTS(70,713)(128,132) 
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD177,991303,097303,097
CASH AND CASH EQUIVALENTS AT END OF PERIOD$ 107,278$ 174,965$ 177,991