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Supplemental Disclosures for Consolidated Statements of Cash Flows (Tables)
12 Months Ended
Dec. 31, 2015
Supplemental Cash Flow Elements [Abstract]  
Schedule of Cash Flow, Supplemental Disclosures
Reconciliation of Net Income (Loss) to Net Cash Provided by Operating Activities for the three years ended:
 
 
 
Year Ended December 31
 
 
 
2015
 
2014
 
2013
 
 
 
(In thousands)
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
22,141
 
$
5,696
 
$
51,989
 
Adjustments to reconcile net income to net cash (used) provided by operating activities
 
 
 
 
 
 
 
 
 
 
Depreciation
 
 
3,773
 
 
3,268
 
 
2,776
 
Net amortization of premiums and discounts on securities
 
 
3,920
 
 
2,353
 
 
3,882
 
Accretion of purchase accounting loan discount
 
 
(5,152)
 
 
(750)
 
 
0
 
Other amortization and accretion
 
 
(2,791)
 
 
494
 
 
(172)
 
Change in loans available for sale, net
 
 
(11,920)
 
 
1,754
 
 
22,189
 
Provision (recpature) for loan losses, net
 
 
2,644
 
 
(3,486)
 
 
3,188
 
Deferred tax benefit
 
 
0
 
 
0
 
 
(40,552)
 
Gain on sale of securities
 
 
(161)
 
 
(469)
 
 
(419)
 
Gain on sale of loans
 
 
(702)
 
 
(419)
 
 
(455)
 
Loss on sale or write down of foreclosed assets
 
 
239
 
 
310
 
 
1,295
 
Loss on branch closures and disposition of equipment
 
 
183
 
 
4,493
 
 
1
 
Stock based employee benefit expense
 
 
2,859
 
 
1,299
 
 
246
 
Earnings on bank owned life insurance
 
 
(1,426)
 
 
(219)
 
 
0
 
Change in interest receivable
 
 
(903)
 
 
(2,763)
 
 
160
 
Change in interest payable
 
 
(682)
 
 
847
 
 
(27)
 
Change in prepaid expenses
 
 
(1,201)
 
 
(591)
 
 
4,562
 
Change in accrued taxes
 
 
12,990
 
 
4,294
 
 
(102)
 
Change in other assets
 
 
(1,060)
 
 
3,175
 
 
792
 
Change in other liabilities
 
 
238
 
 
2,660
 
 
499
 
Net cash provided (used) by operating activities
 
$
22,989
 
$
21,946
 
$
49,852
 
 
 
 
 
 
 
 
 
 
 
 
Supplemental disclosure of non cash investing activities
 
 
 
 
 
 
 
 
 
 
Fair value adjustment to securities
 
$
(2,256)
 
$
8,985
 
$
(21,957)
 
Transfers from loans to other real estate owned
 
 
5,255
 
 
4,789
 
 
5,087
 
Transfers from loans to loans available for sale
 
 
0
 
 
0
 
 
379
 
Securities principal receivable recorded in other assets
 
 
230
 
 
101
 
 
159
 
Transfer from securities held for investment to available for sale
 
 
0
 
 
0
 
 
13,818
 
Transfer from securities available for sale to held for investment
 
 
0
 
 
158,781
 
 
0
 
Purchase of securities under trade date accounting
 
 
28,343
 
 
0
 
 
0