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CONSOLIDATED STATEMENTS OF CASH FLOW (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating Activities    
Net income $ 19,979 $ 17,787
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 7,600 14,600
Depreciation expense 4,057 3,792
Amortization of mortgage servicing rights 1,426 877
Valuation allowance on mortgage servicing rights 451  
Securities amortization, net 3,506 1,794
Stock based compensation expense 562 252
Amortization of purchased intangible assets 1,345 1,477
Earnings on cash surrender value of life insurance policies (860) (903)
Gain on life insurance benefit   (141)
Securities gains (1,367) (4,917)
Prepayment penalty on FHLB advance 1,313  
Loss on sale and write-down of OREO 385 1,212
Gain on loans sold (4,144) (2,386)
Loans originated for sale (162,764) (120,413)
Proceeds from loan sales 159,599 122,101
Change in other assets and liabilities 1,028 4,098
Net cash provided by operating activities 32,116 39,230
Investing Activities    
Purchases of securities available for sale (177,484) (285,169)
Proceeds from calls, maturities, and payments on securities available for sale 93,128 90,330
Proceeds from sales of securities available for sale 64,176 161,744
Proceeds from life insurance benefit   893
Proceeds from sale of OREO 9,609 11,918
Loan originations and payment, net (13,605) 81,749
Purchases of premises and equipment (2,926) (5,494)
Purchase of life insurance policies (10,000)  
Cash paid for agency acquisition (1,600)  
Proceeds from redemption of restricted stock 214 2,394
Net cash provided/(used) by investing activities (38,488) 58,365
Financing Activities    
Net change in deposits (76,882) (43,817)
Net change in other borrowings 21,944 (7,855)
Repayment of FHLB advances (26,621) (15,568)
Proceeds from FHLB advances 75,000 15,000
Proceeds from exercise of stock options 120  
Repurchase of preferred stock (21,324)  
Cash dividends on preferred stock (1,582) (2,138)
Cash dividends on common stock (1,014) (605)
Net cash provided/(used) by financing activities (30,359) (54,983)
Net change in cash and cash equivalents (36,731) 42,612
Cash and cash equivalents, beginning of year 109,148 60,123
Cash and cash equivalents, end of period $ 72,417 $ 102,735