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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating activities:    
Net Income $ 16,911 $ 9,740
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 2,630 2,231
Depreciation of premises and equipment 1,516 1,370
Amortization, net 2,539 3,571
Decrease (increase) in accrued interest receivable 83 (376)
(Increase) decrease in other assets (634) (4,569)
Origination of loans held-for-sale (42,631) (53,177)
Proceeds from sales of loans held-for-sale 55,883 49,802
Gain on mortgage banking activities, net (812) (737)
Gain on sale of securities, net (578) (1,644)
Stock-based compensation expense 715 877
Excess tax benefits from share-based payment arrangements (164) (83)
Increase (decrease) in accrued interest payable 732 775
Increase (decrease) in other liabilities (3,155) (7,359)
Loss on sale of assets acquired through foreclosure and valuation adjustments, net 11 9
Deferred income tax (benefit) expense (5,324) 1,344
Increase in value of bank-owned life insurance (139) (40)
(Increase) decrease in capitalized interest, net (1,417) (253)
Net cash provided by operating activities 26,166 1,481
Investing activities:    
Maturities and Calls of investment securities 2,230  
Sale of investment securities available for sale 38,621 139,249
Purchase of investment securities available-for-sale (82,222) (91,368)
Repayments of investment securities available-for-sale 12,269 21,008
Repayments on reverse mortgages 2,760  
Disbursements for reverse mortgages (281) (32)
Net (increase) in loans (54,047) (21,047)
Net decrease (increase) in stock of Federal Home Loan Bank of Pittsburgh 2,291 (362)
Sales of assets acquired through foreclosure, net 1,864 364
Investment in premises and equipment, net (537) (956)
Net cash (used for) provided by investing activities (77,052) 46,856
Financing activities:    
Net increase (decrease) in demand and saving deposits (88,447) (50,178)
Increase (decrease) in time deposits (6,957) (48,934)
Increase (decrease) in brokered deposits 78,642 18,025
Increase (decrease) in loan payable 21  
Repayment of reverse mortgage trust bonds payable (21,990)  
Receipts from FHLB advances 26,939,076 15,642,397
Repayments of FHLB advances (26,922,343) (15,563,445)
Receipts from federal funds purchased and securities sold under agreement to repurchase 5,798,325 5,865,000
Repayments of federal funds purchased and securities sold under agreement to repurchase (5,769,700) (5,880,000)
Dividends paid (1,067) (1,711)
Issuance of common stock and exercise of common stock options 461 151
Excess tax benefits from share-based payment arrangements 164 83
Net cash provided by (used for) financing activities 6,185 (18,612)
Increase (decrease) in cash and cash equivalents (44,701) 29,725
Cash and cash equivalents at beginning of period 484,426 500,887
Cash and cash equivalents at end of period 439,725 530,612
Supplemental Disclosure of Cash Flow Information:    
Cash paid for interest during the period 2,995 3,236
Cash paid for income taxes, net 5,184 5,416
Loans transferred to assets acquired through foreclosure 1,027 2,273
Loans transferred to portfolio from HFS 2,169  
Other comprehensive income (loss) 8,787 (5,846)
Non-Cash Goodwill Adjustment, Net $ 135