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Consolidated Statements of Cash Flows (unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating activities    
Net income $ 56,561 $ 43,822
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for loan losses 12,647 17,258
Depreciation and amortization of premises and equipment 6,172 5,885
Net accretion on securities 2,692 4,082
Amortization of intangible assets 3,821 3,548
Stock based compensation 2,817 3,571
Increase in surrender value of bank owned life insurance (3,455) (2,648)
Purchases of trading securities (1,618) (1,022)
Unrealized gains on trading securities (225) (345)
Deferred income tax (benefit) expense (1,654) 1,126
Proceeds from sales of loans held for sale 4,024 59,231
Originations and purchases of loans held for sale (6,872) (65,722)
Net gains on sales of loans held for sale (3) (1,168)
Net security gains (59) (1,413)
Net gain on sales of other real estate owned (351) (654)
Gain on sale of equity investment (19,401) 0
Prepayment penalties on long-term debt 17,903 0
Net (increase) decrease in other assets (17,463) 12,016
Net increase in other liabilities 3,239 8,694
Net cash provided by operating activities 58,775 86,261
Investing activities    
Net cash used in acquisitions 0 80,909
Securities available for sale:    
Proceeds from maturities, calls, and principal paydowns 178,430 314,104
Proceeds from sales 0 27,593
Purchases (175,033) (303,497)
Securities held to maturity:    
Proceeds from maturities, calls, and principal paydowns 26,830 24,582
Purchases (33,601) (75,808)
Other:    
Proceeds from FHLB stock redemption 63,186 0
Purchases of Federal Reserve and FHLB stock (50,974) (5,584)
Net increase in loans (191,327) (198,057)
Proceeds from settlement of bank owned life insurance 1,319 0
Purchases of premises and equipment (6,616) (3,409)
Proceeds from sales of equity investment 19,639 0
Proceeds from the sale of other real estate owned 2,863 3,470
Net cash used in investing activities (165,284) (135,697)
Financing activities    
Net increase in deposits 424,715 105,369
Net (decrease) increase in short-term borrowings (80,405) 188,689
Proceeds from long-term debt 120,051 0
Repayments of long-term debt (315,721) (163,409)
Proceeds from the issuance of shares to employee benefit plans and other stock plans 1,203 154
Purchase of treasury stock (72) (12,459)
Cash dividends and payment for fractional shares (27,653) (24,334)
Net cash provided by financing activities 122,118 94,010
Net increase in cash and cash equivalents 15,609 44,574
Cash and cash equivalents at beginning of period 158,926 163,668
Cash and cash equivalents at end of period 174,535 208,242
Cash paid during the period for:    
Interest 18,714 24,335
Income taxes paid 36,978 12,885
Noncash investing activities:    
Loans transferred to other real estate owned 1,135 785
Preferred stock acquired from sale of equity investment 2,762 0
Transfer of available for sale securities to held to maturity portfolio 332,115 0
Acquisitions:    
Fair value of assets acquired 0 1,504,415
Fair value of liabilities assumed $ 0 $ 1,284,632