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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating activities    
Net income $ 54,107 $ 41,638
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for loan losses 16,274 14,946
Depreciation and amortization of premises and equipment 4,644 4,488
Net amortization on securities 2,133 2,430
Amortization of intangible assets 2,010 2,006
Excess tax (benefit) on stock-based compensation (447) (1,526)
Stock-based compensation expense 2,954 2,638
Bank owned life insurance income (2,564) (2,629)
Trading security purchases 0 (1,293)
Net unrealized losses on trading securities 0 145
Proceeds from sales of loans held for sale 49,572 60,650
Originations and purchases of loans held for sale (49,243) (62,163)
Net gains on sales of loans held for sale (87) (223)
Net security (gains) (163) (2)
Net (gain) on sales and write-down of other real estate owned (190) (704)
Impairment write-down of equity security 0 1,312
Net (increase) in other assets (32,687) (209)
Net increase in other liabilities 10,862 4,405
Net cash provided by operating activities 57,175 65,909
Investing activities    
Net cash used in acquisitions (7,884) (4,000)
Securities available for sale:    
Proceeds from maturities, calls and principal paydowns 124,873 136,898
Purchases (98,502) (162,723)
Securities held to maturity:    
Proceeds from maturities, calls and principal paydowns 45,332 52,883
Proceeds from sales 0 764
Purchases (105,531) (41,334)
Equity securities:    
Proceeds from sales 2,623 0
Other:    
Net increase in loans (288,768) (186,546)
Proceeds from Federal Home Loan Bank stock redemption 123,642 112,841
Purchases of Federal Reserve and Federal Home Loan Bank stock (131,159) (118,848)
Purchases of premises and equipment, net (2,037) (2,604)
Proceeds from the sales of other real estate owned 1,282 6,420
Net cash (used in) investing activities (336,129) (206,249)
Financing activities    
Net increase in deposits 173,813 41,596
Net increase in short-term borrowings 134,874 149,482
Proceeds from issuance of long-term debt 25,000 0
Repayments of long-term debt (40,091) (15,129)
Proceeds from the issuance of shares to employee and other stock plans 881 2,007
Cash paid by employer for tax-withholdings on stock issuance (1,735) (2,823)
Cash dividends (20,969) (20,044)
Net cash provided by financing activities 271,773 155,089
Net (decrease) increase in cash and cash equivalents (7,181) 14,749
Cash and cash equivalents at beginning of period 159,664 149,181
Cash and cash equivalents at end of period 152,483 163,930
Cash paid during the period for:    
Interest expense 15,672 12,404
Income taxes paid, net of refund 22,890 12,886
Noncash investing activities:    
Loans transferred to other real estate owned 912 4,882
Acquisitions:    
Fair value of assets acquired $ 6,274 $ 3,096