XML 24 R9.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income $ 13,416 $ 12,349
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation, amortization and accretion, net 19,674 13,580
Provision (recovery) for loan losses 1,341 600
Provision (recovery) for deferred taxes (2,424) (1,675)
(Gain) loss on other assets (647) (39)
(Gain) loss on sale of securities available for sale, net 1,191 (97)
Capital lease interest expense (99) 0
Net change in accrued interest receivable (3,013) (2,286)
Net change in other assets 1,391 (490)
Net change in accrued interest payable (39) 8
Net change in accrued expenses and other liabilities 11,714 4,994
Net cash provided by (used in) operating activities 42,505 26,944
Cash flows from investing activities:    
Purchase of securities available for sale (591,786) (267,616)
Proceeds from sales of securities available for sale 463,108 68,167
Proceeds from maturities and principal repayments of securities available for sale 90,786 60,031
Purchase of securities held to maturity (57,949) (10,684)
Proceeds from maturities and principal repayments of securities held to maturity 7,240 14,858
Purchase of bank owned life insurance (10,000) (500)
Loans purchased 0 (1,816)
Loans sold 5,496 0
Net change in loans receivable (91,294) (90,296)
Proceeds from sales of foreclosed real estate 34 0
Net cash paid for acquisition (92,308) 0
Federal Home Loan Bank stock purchases (371,364) (311,171)
Federal Home Loan Bank stock redemptions 368,760 304,320
Proceeds from the sale of premises and equipment 2,100 1,169
Purchase of premises and equipment (3,231) (1,733)
Net cash provided by (used in) investing activities (280,408) (235,271)
Cash flows from financing activities:    
Net change in checking, savings, and money market deposits 202,256 45,294
Net change in time deposits (55,590) (14,518)
Net proceeds from federal funds purchased 56,000 170,000
Net change in securities sold under agreements to repurchase 2,867 (668)
Capital lease amortization (88) 0
Cash dividends paid (2,588) (2,386)
Stock compensation 0 132
Proceeds from issuance of common stock 25,619 1,271
Net cash provided by (used in) financing activities 228,476 199,125
Net change in cash and cash equivalents (9,427) (9,202)
Cash and cash equivalents at beginning of period 29,832 40,063
Cash and cash equivalents at end of period 20,405 30,861
Cash paid during the period for:    
Interest 1,767 1,824
Income taxes 4,002 3,262
Franchise taxes 78 0
Other taxes 47 0
Supplemental schedule of non-cash investing activities:    
Securities transferred from available for sale to held to maturity 310 0
Sale leaseback $ 2,259 $ 0