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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 $ 20,009 $ 15,709
Adjustments to reconcile net income to net cash provided (used) by operating activities:    
Depreciation and amortization 7,713 5,747
Provision for loan and lease losses 2,067 1,671
Net amortization of premium on securities 7,846 6,949
Securities gains, net (3,526) (4,353)
Stock based compensation 1,087 1,139
Write downs and losses on repossessed assets, net 313 353
Loans originated for sale (227,823) (311,140)
Proceeds on sales of loans held for sale 234,516 287,768
Net gains on sale of loans held for sale (8,475) (11,056)
Decrease in accrued interest receivable 787 3,234
(Increase) decrease in prepaid expenses 598 (513)
Increase in accrued interest payable 637 627
Capitalization of servicing rights (2,590) (2,818)
Other, net (9,855) (11,472)
NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES 23,304 (18,155)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from the sale of securities available for sale 303,448 289,466
Proceeds from the sale of securities held to maturity 4,057 0
Proceeds from the sale of other investments 2,830 5,489
Proceeds from the maturity of and principal paydowns on securities available for sale 35,379 37,479
Proceeds from the maturity of and principal paydowns on securities held to maturity 3,254 208
Purchase of securities available for sale (362,764) (232,422)
Purchase of other investments (226) (2,004)
Net increase in loans and leases 78,502 25,684
Capital expenditures (898) (2,919)
Net cash and cash equivalents received in acquisition 8,084 7,103
Proceeds from the sale of equipment 0 13
Proceeds on sale of OREO and other repossessed assets 2,384 2,312
NET CASH PROVIDED BY INVESTING ACTIVITIES 74,050 130,409
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in demand deposits and savings accounts 1,759 90,075
Net decrease in time deposit accounts (131,373) (25,618)
Net increase (decrease) in short-term borrowings 1,077 (31,765)
Proceeds from short term FHLB advances 5,000 60,000
Repayments of short term FHLB advances (10,000) (124,000)
Proceeds from other borrowings 0 4,000
Repayments of other borrowings (5,501) (44,488)
Redemption of preferred stock (81,698) 0
Purchase of treasury stock (1,227) (1,780)
Proceeds from issuance of common stock 563 832
Excess tax benefits on exercised stock options 1,100 612
Dividends paid (2,625) (2,261)
NET CASH USED BY FINANCING ACTIVITIES (222,925) (74,393)
Net increase (decrease) in cash and cash equivalents (125,571) 37,861
Cash and cash equivalents at beginning of year 258,799 73,871
CASH AND CASH EQUIVALENTS AT END OF PERIOD 133,228 111,732
Supplemental disclosures:    
Cash paid for income/franchise taxes 2,305 840
Cash paid for interest 7,340 8,545
Loans transferred to OREO 442 2,371
Purchases of securities available for sale, accrued, not paid 0 5,149
Sales of securities available for sale, accrued, not settled 17,189 0
Stock consideration granted for acquisition $ 57,433 $ 53,052