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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
OPERATING ACTIVITIES      
Net Income $ 67,081 $ 57,910 $ 50,539
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses 10,388 1,715 8,311
Provision for unfunded loan commitments 258 (655) (60)
Net depreciation, amortization and accretion 356 4,703 5,333
Net amortization of discounts and premiums on securities 3,600 3,680 3,826
Stock-based compensation expense 1,636 975 687
Securities losses, (gains), net 34 (41) (5)
Net gain on sale of merchant card servicing business 0 0 (3,093)
Tax benefit from stock-based compensation (53) (16) (96)
Mortgage loans originated for sale (107,489) (42,842) (66,695)
Proceeds from the sale of loans 99,458 42,361 87,932
Deferred income taxes (427) 1,536 (2,358)
Gain on sale of fixed assets (179) (33) 0
Gain on the sale of loans, net (1,044) (353) (874)
Net increase in interest receivable (2,744) (933) (130)
Net decrease in interest payable (193) (127) (2,005)
Net (increase) decrease in other assets (11,396) 7,628 25,681
Net increase (decrease) in other liabilities 1,298 2,595 (20,917)
Net Cash Provided by Operating Activities 60,584 78,103 86,076
INVESTING ACTIVITIES      
Proceeds from maturities, prepayments and calls of securities available-for-sale 50,142 57,092 66,744
Proceeds from sales of securities available-for-sale 11,119 1,418 94
Purchases of securities available-for-sale (74,712) (181,213) (144,752)
Net purchases of Federal Home Loan Bank stock (855) (1,506) 1,685
Net increase in loans (383,575) (313,264) (241,172)
Proceeds from the sale of loans not originated for resale 2,880 5,408 5,158
Purchases of premises and equipment (5,133) (5,079) (2,833)
Proceeds from the sale of premises and equipment 467 96 643
Net cash paid in excess of cash acquired from bank merger (16,347) 0 0
Proceeds from the sale of merchant card servicing business 0 0 4,750
Proceeds from surrender of bank owned life insurance 10,277 0 0
Net Cash Used in Investing Activities (405,737) (437,048) (309,683)
FINANCING ACTIVITIES      
Net increase (decrease) in core deposits 195,589 240,948 (22,767)
Net increase (decrease) in certificates of deposit 51,209 (4,549) 56,174
Net (decrease) increase in short-term borrowings (2,660) 150,000 65,000
Net increase (decrease) in securities sold under repurchase agreements 31,481 (3,242) (28,735)
Proceeds from long-term borrowings 100,000 0 0
Repayments of long-term borrowings (2,399) (2,367) (12,291)
Repayment of junior subordinated debt (13,500) 0 (45,000)
Treasury shares issued-net (182) (163) (88)
Common stock Issuance costs (132) (271) 0
Cash dividends paid to common shareholders (24,487) (20,203) (18,137)
Tax benefit from stock-based compensation 53 16 96
Net Cash Provided by (Used in) Financing Activities 334,972 360,169 (5,748)
Net (decrease) increase in cash and cash equivalents (10,181) 1,224 (229,355)
Cash and cash equivalents at beginning of year 109,580 108,356 337,711
Cash and Cash Equivalents at End of Year 99,399 109,580 108,356
Supplemental Disclosures      
Transfers to other real estate owned and other repossessed assets 843 586 1,238
Interest paid 15,878 12,609 16,568
Income taxes paid, net of refunds 23,175 18,075 13,130
Loans transferred to held for sale 23,277 0 5,158
Net assets (liabilities) from acquisitions, excluding cash and cash equivalents $ 43,433 $ 0 $ 0