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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 $ 18,482 $ 18,359
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 1,675 2,034
Depreciation and amortization expense 2,199 2,300
Investment securities amortization and accretion, net 1,301 1,745
Stock-based compensation expense 453 340
Amortization of intangible assets 861 863
Net gain on sale of investment securities (451) (785)
Net increase in other real estate owned valuation allowance and loss on disposition 222 97
Originations of mortgage loans held for sale (399) (29,515)
Proceeds from the sale of mortgage loans 416 28,886
Gain on sale of mortgage loans (17) (684)
Decrease (increase) in trading assets 70 (9)
Increase in other assets (3,508) (87)
Increase (decrease) in other liabilities 806 (2,539)
Net cash provided by operating activities 22,110 21,005
Investing Activities    
Proceeds from sales and maturities of available-for-sale securities 105,818 121,793
Purchase of available-for-sale securities (62,494) (138,300)
Purchase of held-to-maturity securities (11,589) 0
Net increase in loans (148,967) (29,168)
Purchase of bank-owned life insurance (10,000) 0
Purchase of Federal Home Loan Bank stock (706) 0
Proceeds from sale of Federal Home Loan Bank and Federal Reserve Bank stock 51 1,310
Proceeds from the sale of other real estate owned 1,591 530
Recoveries of previously charged-off loans 538 436
Cash settlement in Branch Acquisition 0 (3,278)
Purchase of premises and equipment (831) (1,203)
Net cash used by investing activities (126,589) (47,880)
Financing Activities    
Net increase in deposits 114,850 44,210
Repayments on Federal Home Loan Bank long-term advances (54) (271)
Net increase (decrease) in other borrowed funds 11,171 (12,479)
Common stock repurchased (7,475) 0
Exercise of stock options and issuance of restricted stock, net of repurchase for tax withholdings and tax benefit 157 258
Cash dividends paid on common stock (6,075) (6,047)
Net cash provided by financing activities 112,574 25,671
Net increase (decrease) in cash and cash equivalents 8,095 (1,204)
Cash and cash equivalents at beginning of year 51,355 58,290
Cash and cash equivalents at end of period 59,450 57,086
Supplemental information    
Interest paid 9,129 9,952
Income taxes paid 10,147 8,750
Transfer from loans to other real estate owned 1,184 1,116
Securities purchased but unsettled $ 0 $ 14,363