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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating activities:    
Net income $ 8,696 $ 9,843
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision (credit) for loan losses (3,023) (1,341)
Adjustments to other real estate 63 320
Deferred tax expense 1,286 5,609
Asset depreciation 1,172 1,301
Securities premium amortization, net of discount accretion 1,394 1,341
Amortization of intangibles 480 393
Restricted stock amortization expense 656 430
Net gain on sales/calls of investment securities (143) (764)
Net gain on sales of mortgage loans (969) (687)
Net (gain) loss on sales of premises/equipment (13) 37
Net (gain) loss on sales of other real estate (59) 18
Net gain from sale of bank branches   (4,378)
Proceeds from sales of held for sale loans 44,913 35,711
Held for sale loans originated for resale (49,214) (38,709)
Net changes in assets and liabilities:    
Accrued interest receivable 442 398
Other assets 1,806 (1,687)
Accrued interest payable 5 (73)
Other liabilities (241) 1,080
Net cash provided by operating activities 7,251 8,842
Investing activities:    
Held to maturity securities 940 1,000
Available for sale securities 50,586 45,343
Redemptions of other investments   885
Purchases of available for sale securities (60,255) (34,833)
Purchases of bank owned life insurance (20,110)  
Loans originated, net of principal repayments (43,689) (109,347)
Cash outflows from sale of bank branches, net   (94,806)
Purchases of premises and equipment (888) (1,034)
Proceeds from sales of premises and equipment 66 39
Proceeds from sales of other real estate 900 251
Net cash used in investing activities (72,450) (192,502)
Financing activities:    
Net increase in deposits 90,447 10,344
Net increase (decrease) in other borrowings (3,541) 10,128
Net proceeds from issuance of common stock 363 75
Purchases of treasury stock (4,040)  
Common stock dividends paid (2,277) (1,571)
Preferred stock dividends paid (1) (1)
Net cash provided by financing activities 80,951 18,975
Net increase (decrease) in cash and cash equivalents 15,752 (164,685)
Cash and cash equivalents:    
Beginning of period 140,936 279,839
End of period $ 156,688 $ 115,154