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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash Flows From Operating Activities      
Net Income (Loss) $ 48,037 $ 30,784 $ (3,968)
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan and lease losses and losses on covered loans 5,752 47,346 63,500
Stock-based compensation expense 1,635 1,424 1,038
Depreciation, amortization and accretion 46,121 11,352 7,540
Net realized gain on FDIC assisted bank acquisitions (1,830) (9,818) 0
Net realized gain on sale of securities (134) (58) (1,077)
Net realized (gain) loss on sale of other assets 79 (33) (94)
Net realized (gain) loss on sale of other real estate owned (9,310) (5,253) 183
Gain on termination of cash flow hedging instruments (222) (1,759) (2,570)
Write-down on other real estate owned 6,307 5,144 119
Deferred income tax expense (benefit) (3,783) 15,838 (85)
Impairment charge on investment securities 2,950 0 0
Net change in:      
Loans held for sale (1,394) (754) 1,964
Interest receivable (1,243) 4,472 1,311
Interest payable (403) (784) (2,327)
Other assets (19,248) 18,419 (21,560)
Other liabilities 13,110 7,816 (6,717)
Net cash provided by operating activities 86,424 124,136 37,257
Cash Flows From Investing Activities      
Loans originated and acquired, net of principal collected (110,577) 164,084 146,698
Purchases of securities available for sale (453,043) (179,332) (162,412)
Purchases of premises and equipment (15,088) (36,503) (6,281)
Proceeds from FDIC reimbursement on loss-sharing asset 54,200 0 0
Proceeds from sales of securities available for sale 72,523 69,328 16,665
Proceeds from principal repayments and maturities of securities available for sale 148,583 92,840 67,682
Proceeds from disposal of premises and equipment 46 902 42
Proceeds from sales of covered other real estate owned 20,619 17,890 0
Proceeds from sales of other real estate and other personal property owned 12,278 4,800 8,098
Proceeds from termination of trust subsidiaries 774 0 0
Capital improvements on other real estate properties (735) (1,720) (1,165)
(Decrease) increase in Small Business Administration secured borrowings (642) 642 0
Net cash acquired in business combinations 247,792 145,534 0
Net cash (used in) provided by investing activities (23,270) 278,465 69,327
Cash Flows From Financing Activities      
Net increase (decrease) in deposits (204,586) (302,758) 100,554
Proceeds from issuance of common stock 0 229,129 113,537
Proceeds from exercise of stock options 848 923 939
Proceeds from excess tax benefit from stock-based compensation 98 25 0
Proceeds from Federal Home Loan Bank advances 100 0 324,000
Proceeds from Federal Reserve Bank borrowings 100 0 415,000
Repayment of Federal Home Loan Bank advances (42,989) (36,276) (374,000)
Repayment of Federal Reserve Bank borrowings (100) 0 (465,000)
Payment of preferred stock dividends 0 (2,841) (3,781)
Payment of common stock dividends (10,660) (1,461) (1,374)
Repayment of long-term subordinated debt (25,774) 0 0
Repurchase of preferred stock and common stock warrant 0 (80,200) 0
Payment for purchase and retirement of common stock (32) 0 0
Net decrease in other borrowings 0 (86) (115)
Net cash used in financing activities (282,995) (193,545) 109,760
Increase (decrease) in cash and cash equivalents (219,841) 209,056 216,344
Cash and cash equivalents at beginning of period 514,130 305,074 88,730
Cash and cash equivalents at end of period 294,289 514,130 305,074
Supplemental Information:      
Cash paid for interest 14,938 21,876 30,010
Cash paid for income tax 23,025 6,895 500
Non-cash investing activities      
Assets acquired in FDIC assisted acquisitions (excluding cash and cash equivalents) 485,870 1,075,166 0
Liabilities assumed in FDIC assisted acquisitions 731,832 1,210,882 0
Loans transferred to other real estate owned $ 24,357 $ 29,864 $ 23,398