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Consolidated Statement of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Net Cash Provided By Used In Operating Activities Abstract  
Net Income$ 16,515$ 12,037
Provision for loan losses21,04831,980
Depreciation, accretion and amortization7,9914,725
Decrease in accrued interest receivable439682
Increase in other assets(5,070)(7,947)
Origination of loans held for sale(69,659)(102,598)
Proceeds from sales of loans held-for-sale77,84499,102
Gain on mortgage banking activity(1,035)(1,145)
Gain on mark to market adjustment on trading securities0(249)
Gain on sale of securities,net(2,953)(1,775)
Stock-based compensation expense, net of tax benefit recognized1,216773
Excess tax benefits from share-based payment arrangements(587)(323)
Increase in accrued interest payable5,2166,245
Increase in other liabilities11,88410,589
Loss on sale of assets acquired through foreclosure and valuation adjustments, net2,4473,577
Increase in value of bank-owned life insurance(1,795)(596)
Capitalized interest, net1144
Net cash provided by operating activities63,50255,221
Net Cash Provided By Used In Investing Activities  
Maturities of investment securities11,7273,540
Sale of Investment Securities Available for Sale6,0500
Purchase of Investments availalble-for sale(13,159)(7,081)
Sales of Mortgage Backed Securities available for sale210,21192,493
Repayments of Mortgage backed Securities available for sale130,184142,612
Purchases of mortgage-backed securities available-for-sale(402,118)(264,464)
Disbursements for reverse mortgages(396)(145)
Net increase in loans(118,138)(27,143)
Payment of bank-owned life insurance2,8850
Net Decrease In Stock Of Federal Home Loan Bank of Pittsburgh(102)0
Sales of assets acquired through foreclosure, net9,0886,324
Investment in premises and equipment, net(8,067)(3,621)
Net Cash Provided By Used In Investing Activities(171,835)(57,485)
Net Cash Provided By Used In Financing Activities  
Net increase in demand and savings deposits162,096192,696
Net (decrease) increase in time deposits(14,975)42,731
Net decrease in brokered deposits(28,245)(95,901)
Receipts from federal funds purchased and securities sold under agreement to repurchase3,103,52513,795,000
Repayments of federal funds purcased and securities sold under agreement to repurchase(3,103,525)(13,795,000)
Receipts from FHLB advances9,846,70919,767,639
Repayments of FHLB advances(9,766,892)(19,935,582)
Dividends paid(5,067)(4,527)
Issuance of common stock and exercise of common stock options91447,931
Excess tax benefits from share-based payment arrangements587323
Net cash provided by financing activities195,12715,310
Cash and Cash Equivalents Increase (Decrease)  
Increase cash and cash equivalents86,79413,046
Cash and cash equivalents at beginning of period376,759321,749
Cash and cash equivalents end of period463,553334,795
Supplemental Disclosure of Cash Flows Information  
Cash paid for interest during the period20,22047,148
Cash paid for income taxes,net3367,485
Loans transferred to assets acquired through foreclosure14,3916,101
Net change in other comprehensive income5,80511,687
Settlement of pending sale of premisies and equipment$ 0$ 6,515