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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash Flows From Operating Activities    
Net income (loss) $ 3,100 $ (5,182)
Reconciliation of net income (loss) to net cash provided (used) by operating activities:    
Provision for loan losses 11,149 21,555
Net security premium amortization 620 456
Purchase accounting accretion and amortization, net (3,551) (2,525)
Foreclosed property losses and write-downs 3,858 5,235
Gain on securities available for sale    (452)
Other losses (gains) 395 (194)
Decrease (increase) in net deferred loan costs 1 (60)
Depreciation of premises and equipment 1,121 1,133
Stock-based compensation expense 19 20
Amortization of intangible assets 199 223
Origination of presold mortgages in process of settlement (26,675) (19,422)
Proceeds from sales of presold mortgages in process of settlement 30,581 18,509
Decrease in accrued interest receivable 464 810
Increase in other assets (3,233) (15,846)
Decrease in accrued interest payable (208) (213)
Decrease in other liabilities (816) (5,080)
Net cash provided (used) by operating activities 17,024 (1,033)
Cash Flows From Investing Activities    
Purchases of securities available for sale (13,084) (9,000)
Proceeds from sales of securities available for sale    9,641
Proceeds from maturities/issuer calls of securities available for sale 9,359 23,125
Proceeds from maturities/issuer calls of securities held to maturity 350 860
Net increase in loans (13,713) (23,828)
Proceeds from FDIC loss share agreements 6,899 13,247
Proceeds from sales of foreclosed real estate 25,669 10,653
Purchases of premises and equipment (3,152) (3,501)
Proceeds from loans held for sale 30,393   
Net cash received in acquisition 38,315   
Net cash provided by investing activities 81,036 21,197
Cash Flows From Financing Activities    
Net increase (decrease) in deposits (21,118) 58,950
Cash dividends paid - common stock (1,573) (1,353)
Cash dividends paid - preferred stock (532) (794)
Proceeds from issuance of common stock    209
Repurchase of common stock    (2)
Net cash provided (used) by financing activities (23,223) 57,010
Increase in cash and cash equivalents 74,837 77,174
Cash and cash equivalents, beginning of period 241,507 216,167
Cash and cash equivalents, end of period 316,344 293,341
Supplemental Disclosures of Cash Flow Information:    
Cash paid during the period for interest 3,322 5,054
Cash paid during the period for income taxes    5,275
Non-cash transactions:    
Unrealized gain on securities available for sale, net of taxes (188) 161
Foreclosed loans transferred to other real estate $ 3,354 $ 9,966