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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
OPERATING ACTIVITIES    
Net income $ 40,953 $ 33,152
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 10,052 9,863
Provision for unfunded loan commitments (334) 131
Depreciation, amortization and accretion 850 1,878
Net amortization of discounts and premiums on securities 2,030 1,861
Stock-based compensation expense 1,843 1,279
Securities gains (3,987) 0
Mortgage loans originated for sale (38,899) (45,831)
Proceeds from the sale of mortgage loans 38,041 46,555
Gain on the sale of mortgage loans, net (719) (679)
Gain on the sale of credit card portfolio 0 (2,066)
Pension plan curtailment gain 0 (1,017)
Net increase in interest receivable (666) (3,485)
Net increase in interest payable 246 1,126
Net decrease (increase) in other assets 4,484 (2,900)
Net (decrease) increase in other liabilities (1,775) 4,127
Net Cash Provided by Operating Activities 52,119 43,994
INVESTING ACTIVITIES    
Purchases of securities available-for-sale (36,604) (45,431)
Proceeds from maturities, prepayments and calls of securities available-for-sale 35,256 34,723
Proceeds from sales of securities available-for-sale 7,751 0
Net proceeds from (purchases of) Federal Home Loan Bank stock 1,600 (4,723)
Net increase in loans (176,768) (369,089)
Proceeds from sale of loans not originated for resale 3,581 2,427
Purchases of premises and equipment (3,018) (1,360)
Proceeds from the sale of premises and equipment 273 3
Proceeds from the sale of credit card portfolio 0 25,019
Net Cash Used in Investing Activities (167,929) (358,431)
FINANCING ACTIVITIES    
Net increase in deposits 44,914 105,970
Net increase in certificates of deposit 92,427 138,148
Net decrease in securities sold under repurchase agreements (4,343) (13,607)
Net (decrease) increase in short-term borrowings (15,000) 194,000
Repayments of long-term borrowings (1,195) (101,155)
Treasury shares issued-net (689) (116)
Cash dividends paid to common shareholders (13,927) (13,211)
Net Cash Provided by Financing Activities 102,187 310,029
Net decrease in cash and cash equivalents (13,623) (4,408)
Cash and cash equivalents at beginning of period 139,486 99,399
Cash and Cash Equivalents at End of Period 125,863 94,991
Supplemental Disclosures    
Loans transferred from portfolio to held for sale 17,750  
Loans transferred to portfolio from held for sale   (1,540)
Interest paid 15,369 10,398
Income taxes paid, net of refunds 13,399 13,474
Transfers of loans to other real estate owned $ 1,407 $ 231