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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash Flows from Operating Activities    
Interest and dividends received $ 68,927 $ 68,591
Service charges and other fees received 8,081 6,848
Interest paid (1,980) (3,981)
Net cash paid to vendors, employees and others (43,524) (43,608)
Income taxes paid 0 0
(Payments to) proceeds from FDIC, loss share agreement (174) 265
Net cash provided by operating activities 31,330 28,115
Cash Flows from Investing Activities    
Proceeds from redemption of FHLB stock 610 0
Proceeds from maturity of interest-earning balances from depository institutions 4,309 1,245
Proceeds from repayment of investment securities available-for-sale 95,004 94,479
Proceeds from maturity of investment securities available-for-sale 16,505 34,014
Purchases of investment securities available-for-sale (9,888) (1,967)
Proceeds from repayment of investment securities held-to-maturity 12,236 0
Proceeds from maturity of investment securities held-to-maturity 24,796 0
Net decrease in loan and lease finance receivables 8,331 101,774
Proceeds from sale of loans 6,417 0
Purchase of premises and equipment (911) (157)
Proceeds from sales of other real estate owned 200 1,418
Cash paid for County Commerce Bank (CCB) acquisition, net of cash acquired (7,504) 0
Net cash provided by investing activities 150,105 230,806
Cash Flows from Financing Activities    
Net increase in other deposits 101,042 322,642
Net decrease in time deposits (26,271) (29,524)
Repayment of FHLB advances 0 (200,000)
Net decrease in other borrowings (46,000) (46,000)
Net decrease in customer repurchase agreements (63,844) (3,275)
Cash dividends on common stock (12,766) (10,590)
Repurchase of common stock (392) (497)
Proceeds from exercise of stock options 285 3,313
Tax benefit related to exercise of stock options 0 614
Net cash (used in) provided by financing activities (47,946) 36,683
Net increase in cash and cash equivalents 133,489 295,604
Cash and cash equivalents, beginning of period 106,097 105,768
Cash and cash equivalents, end of period 239,586 401,372
Reconciliation of Net Earnings to Net Cash Provided by Operating Activities    
Net earnings 23,391 15,833
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Gain on sale of loans 1,101 0
Gain on sale of premises and equipment, net 0 (1)
Gain on sale of other real estate owned 0 (112)
Amortization of capitalized prepayment penalty on borrowings 0 521
Increase in bank owned life insurance (638) (630)
Net amortization of premiums and discounts on investment securities 5,177 5,025
Accretion of PCI discount (800) (980)
Provision for unfunded loan commitments 0 (500)
Valuation adjustment on other real estate owned 248 33
Change in FDIC loss share liability/asset 53 299
(Payments to) proceeds from FDIC, loss share agreement (174) 265
Stock-based compensation 654 732
Depreciation and amortization, net 137 (271)
Change in accrued interest receivable 160 322
Change in accrued interest payable 3 (855)
Change in other assets and liabilities 4,220 8,434
Total adjustments 7,939 12,282
Net cash provided by operating activities 31,330 28,115
Supplemental Disclosure of Non-cash Investing Activities    
Securities purchased and not settled 4,152 2,350
Transfer of loans to other real estate owned 0 2,824
Issuance of common stock for CCB acquisition $ 21,642 $ 0