XML 55 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOW (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 14,657 $ 13,372
Adjustments to reconcile to net cash provided by operating activities:    
Provision for loan losses 1,218 300
Depreciation and amortization 2,757 2,751
Net amortization of securities premiums and discounts 276 417
Realized securities gains (450) (122)
Gain on sales of loans (351) (688)
Cash receipts from the sale of loans originated for sale 30,779 54,540
Cash disbursements for loans originated for sale (29,189) (50,479)
Deferred income tax provision (1,934) (96)
Gain on other assets (62) (99)
Decrease (increase) in interest receivable 133 (318)
Decrease in interest payable (200) (158)
Amortization of stock-based compensation arrangements 347 374
Other, net 2,205 3,819
Net cash provided by operating activities 20,186 23,613
INVESTING ACTIVITIES    
Net decrease in federal funds sold 1,619 700
Net cash and due from banks received from acquisitions 174,645  
Purchases of held for investment securities      
Purchases of available for sale securities (99,914) (20,565)
Proceeds from maturities, calls and paydowns of held for investment securities 718 315
Proceeds from maturities, calls and paydowns of available for sale securities 44,920 15,317
Proceeds from sales of available for sale securities 498 1,027
Purchases of loans (14,126) (26,597)
Proceeds from sales of loans 5,667 27,426
Net other (increase) decrease in loans (37,970) 17,252
Purchases of premises, equipment and computer software (3,154) (3,683)
Proceeds from the sale of other assets 812 988
Net cash provided by investing activities 73,715 12,180
FINANCING ACTIVITIES    
Net increase (decrease) in demand, transaction and savings deposits 80,601 (239,034)
Net decrease in time deposits (64,084) (27,284)
Net increase in short-term borrowings 4,013 320
(Paydown) issuance of long-term borrowings (4,938) 1,862
Issuance of common stock 831 190
Common stock acquired   (943)
Cash dividends paid (4,753)  
Net cash provided by (used in) financing activities 11,670 (264,889)
Net increase (decrease) in cash, due from banks and interest-bearing deposits 105,571 (229,096)
Cash, due from banks and interest-bearing deposits at the beginning of the period 1,857,535 1,945,148
Cash, due from banks and interest-bearing deposits at the end of the period 1,963,106 1,716,052
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash paid during the period for interest 2,991 3,753
Cash paid during the period for income taxes 850  
Noncash investing and financing activities:    
Unpaid common stock dividends declared $ 4,744 $ 4,422