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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating Activities  
Net income$ 20,991$ 11,033
Adjustments to reconcile net income to net cash provided by operating activities:  
Provision for credit losses29,90453,552
Deferred tax expense (benefit)1,387(7,229)
Depreciation and amortization7,0588,142
Net losses on securities and other assets5,8616,372
Net amortization of premiums and discounts on securities79424
Net amortization of premiums and discounts on long-term debt(96)(692)
Income from increase in cash surrender value of bank owned life insurance(4,158)(3,935)
Decrease in interest receivable1,0632,642
Decrease in interest payable(1,921)(1,419)
(Decrease) increase in income tax payable(718)5,022
Other-net(1,222)9,330
Net cash provided by operating activities58,94382,842
Transactions with securities held to maturity:  
Proceeds from maturities and redemptions014,520
Transactions with securities available for sale:  
Proceeds from sales75,074141,585
Proceeds from maturities and redemptions358,875344,273
Purchases(489,963)(252,794)
Proceeds from the redemption of FHLB stock6,9690
Proceeds from bank owned life insurance880
Proceeds from sale of loans5,7630
Proceeds from sales of other assets7,0375,657
Net decrease in loans184,440281,884
Purchases of premises and equipment(6,542)(4,074)
Net cash provided by investing activities141,741531,051
Financing Activities  
Net decrease in federal funds purchased(800)(105,000)
Net decrease in other short-term borrowings(13,281)(691,912)
Net (decrease) increase in deposits(132,912)192,189
Repayments of other long-term debt(24,444)(97,030)
Proceeds from issuance of long-term debt050,000
Proceeds from issuance of common stock14483,913
Discount on dividend reinvestment plan purchases(48)(28)
Dividends paid(9,418)(4,261)
Proceeds from reissuance of treasury stock724,104
Purchase of treasury stock(9)(8)
Net cash used in financing activities(180,696)(568,033)
Net increase in cash and cash equivalents19,98845,860
Cash and cash equivalents at January 169,85889,559
Cash and cash equivalents at September 30$ 89,846$ 135,419