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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net income $ 7,434 $ 49,536
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 5,093 4,316
Provision for loan losses 14,856 33,287
Deferred income taxes (105) (3,884)
Other-than-temporary impairment on securities   6,261
Gain on sale of securities (333)  
Gain on acquisition (5,528) (98,081)
Share-based compensation expense 909 784
Loss on disposal of premises and equipment 48 36
Federal Home Loan Bank advances prepayment fee   3,189
Accretion on FDIC indemnification asset 3,534 (918)
Accretion on loans covered under FDIC loss share agreements (6,526) 2,337
Net amortization of investment securities 689 358
Net change in:    
Loans held for sale 24,747 (5,161)
Accrued interest receivable 1,377 2,379
Prepaid assets 2,559 1,835
FDIC loss share receivable (3,213)  
Accrued interest payable (2,682) (3,931)
Accrued income taxes 1,381 24,929
Miscellaneous assets and liabilities 6,332 (136)
Net cash provided by operating activities 50,572 17,136
Cash flows from investing activities:    
Proceeds from sales of investment securities available for sale 52,282  
Proceeds from maturities and calls of investment securities held to maturity 840 1,445
Proceeds from maturities and calls of investment securities available for sale 40,670 49,083
Proceeds from sales of other investment securities 3,396 49
Purchases of investment securities available for sale (43,568) (24,685)
Purchases of other investment securities (630)  
Net increase in customer loans (22,379) (5,234)
Net cash received from acquisition 91,281 306,298
Purchases of premises and equipment (7,889) (4,497)
Proceeds from sale of premises and equipment 2  
Net cash provided by investing activities 114,005 322,459
Cash flows from financing activities:    
Net decrease in deposits (138,970) (101,277)
Net increase (decrease) in federal funds purchased and securities sold under agreements to repurchase and other short-term borrowings (5,618) 13,992
Repayment of FHLB advances (38,338) (166,027)
Common stock issuance 35,014 142
Common stock repurchased (159) (198)
Dividends paid on common stock (4,751) (4,336)
Stock options exercised 213 226
Net cash used in financing activities (152,609) (257,478)
Net increase in cash and cash equivalents 11,968 82,117
Cash and cash equivalents at beginning of period 237,099 104,908
Cash and cash equivalents at end of period 249,067 187,025
Cash paid for:    
Interest 13,445 16,277
Income taxes 2,540 6,324
Noncash investing activities:    
Transfers of loans to foreclosed properties (covered of $16,002 and $11,587, respectively; and non-covered of $8,696 and $11,684, respectively) $ 24,698 $ 23,271