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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating activities    
Net income $ 58,801 $ 57,298
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for loan losses 17,266 12,506
Depreciation and amortization of premises and equipment 6,765 6,494
Net accretion on securities 3,781 1,851
Amortization of intangible assets 2,976 3,636
Stock based compensation 3,096 3,397
Bank owned life insurance income (3,898) (3,418)
Purchases of trading securities (34) (767)
Gains on trading securities (441) 660
Proceeds from sales of loans held for sale 71,170 50,998
Originations and purchases of loans held for sale (73,393) (49,125)
Net gains on sales of loans held for sale (459) (108)
Net security gains (30) (43)
Net gain on sales of other real estate owned (625) (1,241)
Gain on the sale of equity investment 0 (4,179)
Gain on asset sold (2,462) 0
Impairment write-down 2,565 0
Net (increase) decrease in other assets (16,599) 8,846
Net decrease in other liabilities 11,395 6,252
Net cash provided by operating activities 79,874 93,057
Investing activities    
Net cash (used in) provided by acquisitions (2,000) 0
Securities available for sale:    
Proceeds from maturities, calls, and principal paydowns 250,441 229,347
Proceeds from sales 48 0
Purchases (352,056) (272,596)
Securities held to maturity:    
Proceeds from maturities, calls, and principal paydowns 76,676 61,379
Purchases (90,476) (74,951)
Other:    
Net increase in loans (291,349) (294,187)
Proceeds from FHLB stock redemption 108,227 39,740
Purchases of Federal Reserve and FHLB stock (113,872) (41,115)
Proceeds from settlement of bank owned life insurance 1,478 1,541
Purchase of bank owned life insurance (45,000) 0
Purchases of premises and equipment (4,652) (4,999)
Proceeds from sales of equity investment 0 4,179
Proceeds from the sales of other real estate owned 5,153 3,049
Net cash used in investing activities (457,382) (348,613)
Financing activities    
Net increase in deposits 344,395 301,022
Net increase in short-term borrowings 142,546 45,530
Proceeds from issuance of long-term debt 3,880 0
Repayments of long-term debt (20,183) (310)
Proceeds from the issuance of shares to employee benefit plans and other stock plans 1,106 3,028
Purchase of treasury stock (17,193) (26,797)
Cash dividends (28,903) (28,553)
Net cash provided by financing activities 425,648 293,920
Net increase in cash and cash equivalents 48,140 38,364
Cash and cash equivalents at beginning of period 140,297 146,636
Cash and cash equivalents at end of period 188,437 185,000
Cash paid during the period for:    
Interest 17,269 16,252
Income taxes paid 29,173 19,027
Noncash investing activities:    
Loans transferred to other real estate owned 2,363 2,699
Acquisitions:    
Fair value of assets acquired $ 1,703 $ 0