XML 76 R98.htm IDEA: XBRL DOCUMENT v2.4.0.6
PARENT ONLY CONDENSED FINANCIAL STATEMENTS (Details 3) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating Activities                      
Net income $ 7,279 $ 6,986 $ 6,982 $ 6,011 $ 6,026 $ 5,615 $ 7,626 $ 4,546 $ 27,258 $ 23,813 $ 14,802
Change in other assets and liabilities                 1,928 3,734 6,940
Net cash provided by operating activities                 54,191 36,060 62,634
Investing Activities                      
Purchase of security AFS                 (220,543) (527,834) (363,844)
Purchases of equipment                 (7,387) (6,865) (4,660)
Net cash provided (used) by investing activities                 (39,297) 76,316 73,191
Financing Activities                      
Proceeds from exercise of stock options                 120    
Repurchase of preferred shares                 (40,255)    
Cash dividends on preferred stock                 (1,967) (2,850) (2,850)
Cash dividends on common stock                 (1,623) (807) (805)
Net cash (used) by financing activities                 (58,392) (63,351) (147,391)
Net change in cash and cash equivalents                 (43,498) 49,025 (11,566)
Cash and cash equivalents, beginning of year       109,148       60,123 109,148 60,123 71,689
Cash and cash equivalents, end of year 65,650       109,148       65,650 109,148 60,123
Parent Company
                     
Operating Activities                      
Net income                 27,258 23,813 14,802
Undistributed (income)/loss of subsidiaries                 13,915 (26,951) (19,107)
Change in other assets and liabilities                 2,862 2,699 1,838
Net cash provided by operating activities                 44,035 (439) (2,467)
Investing Activities                      
Cash received from subsidiaries                     1,287
Purchase of security AFS                     (39)
Purchases of equipment                 (1,230) (2,166) (1,766)
Net cash provided (used) by investing activities                 (1,230) (2,166) (518)
Financing Activities                      
Proceeds from exercise of stock options                 120    
Repurchase of preferred shares                 (40,255)    
Cash dividends on preferred stock                 (1,967) (2,850) (2,850)
Cash dividends on common stock                 (1,623) (807) (805)
Net cash (used) by financing activities                 (43,725) (3,657) (3,655)
Net change in cash and cash equivalents                 (920) (6,262) (6,640)
Cash and cash equivalents, beginning of year       8,022       14,284 8,022 14,284 20,924
Cash and cash equivalents, end of year $ 7,102       $ 8,022       $ 7,102 $ 8,022 $ 14,284