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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net income $ 20,124 $ 20,980
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 4,000 1,095
Net (gain) loss on disposal of property and equipment 142 (204)
Depreciation and amortization 4,679 4,544
Net premium amortization on investment securities 3,238 3,684
Net gains on investment securities transactions 21 (6)
Net gains on sales of mortgage loans held for sale (4,588) (4,321)
Net gain on sale of OREO (102) (750)
Write-downs of OREO and other assets pending disposal 17 106
Net reversal of impairment of mortgage servicing rights 15 (15)
Deferred income tax expense (517) 4,914
Net increase in cash surrender value of company-owned life insurance policies (1,143) (920)
Stock-based compensation expense 955 832
Tax benefits from stock-based compensation expense 420 480
Excess tax benefits from stock-based compensation (307) (292)
Originations of loans held for sale (195,444) (239,527)
Proceeds from sales of loans held for sale 199,316 228,259
Changes in operating assets and liabilities:    
Increase in interest receivable 822 (179)
Increase in other assets (4,567) (3,630)
Decrease in accrued interest payable 224 (720)
Decrease in accounts payable and accrued expenses (7,128) (15,682)
Net cash provided by operating activities 20,177 (1,352)
Cash flows from investing activities:    
Purchases of held-to-maturity investment securities (4,870) (11,733)
Purchases of available-for-sale investment securities (254,098) (153,953)
Proceeds from maturities and paydowns of held-to-maturity investment securities 23,925 22,826
Proceeds from maturities and paydowns of available-for-sale investment securities 153,703 95,996
Extensions of credit to customers, net of repayments (5,677) (20,050)
Recoveries of loans charged-off 3,409 1,901
Proceeds from sales of OREO 309 2,321
Capital expenditures, net of sales (1,408) (382)
Net cash used in investing activities (84,707) (63,074)
Cash flows from financing activities:    
Net increase (decrease) in deposits 18,526 (38,053)
Net increase (decrease) in repurchase agreements (45,112) (40,177)
Net increase (decrease) in other borrowed funds 31 (5)
Repayments of long-term debt (15) (15)
Advances on long-term debt 37 4,996
Proceeds from issuance of common stock 996 900
Excess tax benefits from stock-based compensation 307 292
Purchase and retirement of common stock (25,309) (15,264)
Dividends paid to common stockholders (9,860) (9,115)
Net cash provided by (used in) financing activities (60,399) (96,441)
Net increase (decrease) in cash and cash equivalents (124,929) (160,867)
Cash and cash equivalents at beginning of period 780,457 798,670
Cash and cash equivalents at end of period 655,528 637,803
Supplemental disclosures of cash flow information:    
Cash paid during the period for income taxes 4,206 5,100
Cash paid during the period for interest expense 15,390 5,187
Transfer of loans to other real estate owned 3,227 3,257
Capitalization of internally originated mortgage servicing rights $ 602 $ 659