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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
OPERATING ACTIVITIES    
Net income $ 18,188 $ 16,093
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 5,183 5,014
Provision for unfunded loan commitments (458) 125
Depreciation, amortization and accretion 369 906
Net amortization of discounts and premiums on securities 1,030 915
Restricted stock compensation expense 1,002 731
Securities gains (370) 0
Mortgage loans originated for sale (15,694) (18,478)
Proceeds from the sale of mortgage loans 16,575 19,014
Gain on the sale of mortgage loans, net (193) (231)
Gain on the sale of credit card portfolio 0 (2,066)
Pension plan curtailment gain 0 (1,017)
Net increase in interest receivable (62) (2,768)
Net (decrease) increase in interest payable (435) 875
Net decrease (increase) in other assets 3,404 (714)
Net increase in other liabilities 1,768 7,267
Net Cash Provided by Operating Activities 30,307 25,666
INVESTING ACTIVITIES    
Purchases of securities available-for-sale (36,604) (25,168)
Proceeds from maturities, prepayments and calls of securities available-for-sale 16,942 17,028
Proceeds from sales of securities available-for-sale 582 0
Net proceeds from (purchases of) Federal Home Loan Bank stock 2,078 (305)
Net increase in loans (151,438) (151,841)
Proceeds from sale of loans not originated for resale 2,657 0
Purchases of premises and equipment (745) (468)
Proceeds from the sale of premises and equipment 16 3
Proceeds from the sale of credit card portfolio 0 25,019
Net Cash Used in Investing Activities (166,512) (135,732)
FINANCING ACTIVITIES    
Net increase in deposits 62,219 13,688
Net increase in certificates of deposit 100,799 128,885
Net decrease in securities sold under repurchase agreements (3,845) (2,061)
Net decrease in short-term borrowings (50,000) (1,000)
Repayments of long-term borrowings (595) (575)
Treasury shares issued-net (194) 0
Cash dividends paid to common shareholders (6,960) (6,601)
Net Cash Provided by Financing Activities 101,424 132,336
Net (decrease) increase in cash and cash equivalents (34,781) 22,270
Cash and cash equivalents at beginning of period 139,486 99,399
Cash and Cash Equivalents at End of Period 104,705 121,669
Supplemental Disclosures    
Loans transferred from portfolio to held for sale 250 0
Interest paid 7,706 4,508
Income taxes paid, net of refunds 172 1,794
Transfers of loans to other real estate owned $ 397 $ 49