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Consolidated Statements Of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 17,037$ 16,189
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation and amortization2,5802,672
Net amortization of premiums on securities4,2271,671
Provision for loan losses5,6184,707
Share-based Compensation863807
Deferred income tax expense2,1221,179
Proceeds from sale of loans held for sale20,46426,245
Originations of loans held for sale(19,070)(28,994)
Net gain on sale of loans held for sale(659)(374)
Increase in company owned life insurance(967)(822)
Net gain on disposal of investment securities(2,347)(139)
Impairment charges on investment securities 526
Net (gain) loss on sale and disposal of other assets(44)186
Loss on extinguishment of debt1,083 
Decrease in other assets353389
(Decrease) increase in other liabilities(216)1,398
Net cash provided by operating activities31,04425,640
Cash flows from investing activities:  
Available for sale(130,587)(346,773)
Held to maturity(12,018)(16,747)
Proceeds from principal payments, maturities and calls on investment securities:  
Available for sale126,908163,962
Held to maturity18,30424,210
Proceeds from sales and calls of securities available for sale10,07788,090
Net increase in loans, excluding sales(105,514)(64,683)
Loans sold or participated to others13,033 
Purchases of company owned life insurance(18,034)(33)
Proceeds from sales of other assets509509
Purchases of premises and equipment(3,056)(1,774)
Net cash used in investing activities(100,378)(153,239)
Cash flows from financing activities:  
Net increase in deposits100,781203,442
Net increase (decrease) in short-term borrowings25,965(19,575)
Repayments of long-term borrowings(26,767)(20,079)
Proceeds from issuance of common stock, net of issuance costs43,127 
Purchases of common stock for treasury(205)(69)
Repurchase of warrant issued to U.S. Treasury(2,080) 
Redemption of Series A preferred stock(37,447) 
Repurchase of Series B-1 8.48% preferred stock(96) 
Proceeds from stock options exercised91135
Excess tax benefit on share-based compensation64 
Cash dividends paid to preferred shareholders(1,750)(2,518)
Cash dividends paid to common shareholders(3,806)(3,248)
Net cash provided by financing activities97,877158,088
Net increase in cash and cash equivalents28,54330,489
Cash and cash equivalents, beginning of period39,05842,959
Cash and cash equivalents, end of period$ 67,601$ 73,448