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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating Activities    
Net income $ 22,436 $ 18,947
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 1,500 3,734
Depreciation expense 4,375 4,309
Securities amortization, net 1,417 2,505
Stock based compensation expense 551 502
Stock portion of director retainer fee expense 270 282
Amortization of purchased intangible assets 1,253 1,413
Amortization of mortgage servicing rights 750 1,232
Earnings on cash surrender value of life insurance policies (978) (1,042)
(Recovery) of valuation allowance on mortgage servicing rights (50) (650)
Prepayment penalty on FHLB advance   2,239
Securities (gains)/losses, net 4 (835)
Loss on sale and write-down of OREO 47 356
Gain on loans sold (2,914) (4,716)
Loans originated for sale (115,118) (185,631)
Proceeds from loan sales 119,252 201,484
Change in other assets and liabilities 2,192 5,146
Net cash provided by operating activities 34,987 49,275
Investing Activities    
Net change in interest bearing time deposits (1,915)  
Purchases of securities available for sale (35,236) (203,148)
Proceeds from calls, maturities, and payments on securities available for sale 78,891 101,427
Proceeds from sales of securities available for sale 21,972 79,136
Proceeds from sale of OREO 3,002 4,441
Proceeds from life insurance benefit 588  
Loan originations and payment, net (87,977) (68,623)
Purchases of premises and equipment (3,575) (6,787)
Purchase of life insurance policies   (504)
Proceeds from redemption of restricted stock 4 9
Net cash provided/(used) by investing activities (24,246) (94,049)
Financing Activities    
Net change in deposits 21,071 (17,212)
Net change in other borrowings (4,104) (4,084)
Repayment of FHLB advances (722,515) (326,000)
Proceeds from FHLB advances 715,000 430,000
Purchase of treasury shares (319) (204)
Proceeds from exercise of stock options, including tax benefit 60 383
Repayment of subordinated debentures, net (5,000)  
Repurchase of preferred stock   (15,100)
Cash dividends on preferred stock   (470)
Cash dividends on common stock (6,340) (4,075)
Net cash (used)/provided by financing activities (2,147) 63,238
Net change in cash and cash equivalents 8,594 18,464
Cash and cash equivalents, beginning of year 61,320 65,650
Cash and cash equivalents, end of period 69,914 84,114
Supplemental cash flow information    
Interest paid 6,669 8,028
Income taxes paid 2,405 1,380
Supplemental non cash disclosure    
Loan balances transferred to foreclosed real estate $ 2,119 $ 2,904