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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net income (loss) $ 20,104 $ (3,242)
Adjustments to reconcile net income (loss) to net cash used in operating activities    
Provision for loan and lease losses 6,817 6,195
Provision for loan repurchases 2,055 1,363
Net revenue on mortgage banking activities (70,400) (52,862)
Net gain on sale of loans (15,901) (4,520)
Net amortization (accretion) of securities 544 953
Depreciation on premises and equipment 4,850 2,785
Amortization of intangibles 2,773 1,707
Amortization of debt issuance cost 484 289
Stock option compensation expense 357 336
Stock award compensation expense 4,196 969
Change in fair value of converted stock options related to business acquisition 0 9
Stock appreciation right expense 1,364 1,130
Bank owned life insurance income (167) (130)
Operating loss on equity investment 538 410
Impairment on intangible assets 0 976
Net gain on sale of securities available for sale (522) (319)
Gain on sale of mortgage servicing rights (2,268) 0
Gain on sale of other real estate owned 0 (224)
Loss (Gain) on sale or disposal of property and equipment 787 (1)
Increase in valuation allowances on other real estate owned 0 97
Tax effect of dividends paid on unvested equity awards 401 0
Repurchase of mortgage loans (4,188) 0
Originations of loans held for sale from mortgage banking (2,028,108) (1,388,622)
Originations of other loans held for sale (1,040,301) 0
Proceeds from sales of and principal collected on loans held for sale from mortgage banking 2,035,343 1,276,104
Proceeds from sales of and principal collected on other loans held for sale 571,447 0
Change in deferred loan (costs) fees (1,229) (414)
Amortization of premiums and discounts on purchased loans (28,000) (13,714)
Change in accrued interest receivable (721) (5,423)
Change in other assets (3,874) 14,209
Change in accrued interest payable and other liabilities 2,574 13,496
Net cash used in operating activities (541,045) (148,443)
Cash flows from investing activities:    
Proceeds from sales of securities available-for-sale 52,245 127,286
Proceeds from maturities and calls of securities available-for-sale 1,231 12,157
Proceeds from principal repayments of securities available-for-sale 28,792 82,924
Purchases of securities available-for-sale (222,033) (51,526)
Net cash (used) acquired in acquisitions (1,000) 5,786
Loan originations and principal collections, net (232,859) (415,272)
Purchase of loans (25,218) (852,913)
Redemption of Federal Home Loan Bank stocks 0 25
Purchase of Federal Home Loan Bank and other bank stocks (12,832) (5,972)
Proceeds from sale of loans held for investment 142,482 219,211
Net change in time deposits in financial institutions (54) 2,089
Proceeds from sale of other real estate owned 48 3,600
Proceeds from sale of mortgage servicing rights 17,177 0
Proceeds from sale of premises and equipment 30 0
Additions to premises and equipment (7,081) (49,609)
Payments of capital lease obligations (682) (218)
Net cash used in investing activities (259,754) (922,432)
Cash flows from financing activities:    
Net increase in deposits 712,865 1,391,343
Net increase (decrease) in Federal Home Loan Bank advances 55,000 (91,833)
Net proceeds from issuance of common stock 53,901 47,953
Net proceeds from issuance of preferred stock 0 37,943
Net proceeds from issuance of tangible equity units 64,959 0
Payment of Amortizing Debt (1,032) 0
Purchase of treasury stock (280) (1,402)
Proceeds from exercise of stock options 993 0
Dividends paid on preferred stock (2,742) (1,234)
Dividends paid on common stock (7,998) (4,528)
Net cash provided by financing activities 875,666 1,378,242
Net change in cash and cash equivalents 74,867 307,367
Cash and cash equivalents at beginning of period 110,118 108,643
Cash and cash equivalents at end of period 184,985 416,010
Supplemental cash flow information    
Interest paid on deposits and borrowed funds 23,953 15,722
Income taxes paid 4,311 0
Income taxes refunds received 264 0
Supplemental disclosure of noncash activities    
Transfer from loans to other real estate owned, net 653 0
Transfer of loans receivable to loans held for sale, net of transfer of $989 and $0 from allowance for loan and lease losses for the nine months ended September 30, 2014 and 2013, respectively 65,584 105,126
Transfer of loans held for sale to loans receivable 117,116 0
Transfer of deposits to deposits held for sale 0 462,768
Equipment acquired under capital leases $ 989 $ 1,239