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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net income $ 12,214 $ 9,506
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 11,250 15,000
Net loss on disposal of property and equipment 42 3
Depreciation and amortization 4,302 4,436
Net premium amortization on investment securities 2,678 2,598
Net gains on investment securities transactions (31) (2)
Net gains on sales of mortgage loans held for sale (5,927) (2,260)
Net loss (gain) on sale of OREO 74 (156)
Write-down of OREO 578 1,552
Net reversal of impairment of mortgage servicing rights (868) (347)
Net gain on sale of mortgage servicing rights (19) 0
Deferred income tax benefit (282) (859)
Net increase in cash surrender value of company-owned life insurance policies (462) (489)
Stock-based compensation expense 643 411
Tax benefits from stock-based compensation expense 114 257
Excess tax benefits from stock-based compensation (94) (192)
Originations of mortgage loans held for sale, net of sales (272) 27,123
Changes in operating assets and liabilities:    
Increase in interest receivable 1,567 1,248
Decrease in other assets 907 7,828
Increase (decrease) in accrued interest payable 132 (1,016)
Increase in accounts payable and accrued expenses 1,744 1,702
Net cash provided by operating activities 28,290 66,343
Cash flows from investing activities:    
Purchases of held-to-maturity investment securities (7,592) (1,868)
Purchases of available-for-sale investment securities (222,413) (193,791)
Proceeds from maturities and paydowns of held-to-maturity investment securities 2,193 2,720
Proceeds from maturities and paydowns of available-for-sale investment securities 282,083 136,839
Proceeds from sales of mortgage servicing rights 907 0
Extensions of credit to customers, net of repayments 10,027 64,419
Recoveries of loans charged-off 1,158 1,305
Proceeds from sales of OREO 5,691 3,160
Capital expenditures, net of sales (3,453) (1,639)
Net cash provided by investing activities 68,601 11,145
Cash flows from financing activities:    
Net increase in deposits 83,863 5,471
Net decrease in repurchase agreements (25,185) (83,199)
Net increase (decrease) in short-term borrowings (1) 531
Repayments of long-term debt (9) (11)
Proceeds from issuance of common stock 1,068 37
Excess tax benefits from stock-based compensation 94 192
Purchase and retirement of common stock (256) (164)
Dividends paid to common stockholders (5,135) (4,798)
Dividends paid to preferred stockholders (853) (844)
Net cash (used in) provided by financing activities 53,586 (82,785)
Net increase (decrease) in cash and cash equivalents 150,477 (5,297)
Cash and cash equivalents at beginning of period 472,447 685,618
Cash and cash equivalents at end of period 622,924 680,321
Supplemental disclosures of cash flow information:    
Cash paid during the period for income taxes 100 0
Cash paid during the period for interest expense $ 8,291 $ 13,061