XML 20 R9.htm IDEA: XBRL DOCUMENT v3.4.0.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net income $ 18,341 $ 8,776
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation, amortization and accretion, net 17,569 12,097
Provision (recovery) for loan losses 1,959 641
Provision (recovery) for deferred taxes (703) (1,236)
(Gain) loss on other assets 10 (646)
(Gain) loss on sale of securities available for sale, net (50) 1,243
Capital lease obligations interest expense (63) (66)
Net change in accrued interest receivable (2,431) (1,245)
Change in bank-owned life insurance value (754) (565)
Net change in other assets (6,092) 619
Net change in accrued interest payable (105) (157)
Net change in accrued expenses and other liabilities 14,454 19,432
Net cash provided by (used in) operating activities 42,135 38,893
Cash flows from investing activities:    
Purchase of securities available-for-sale (454,450) (376,357)
Proceeds from sales of securities available-for-sale 100,298 264,631
Proceeds from maturities and principal repayments of securities available-for-sale 52,991 53,414
Purchase of securities held to maturity (147,906) (33,526)
Proceeds from maturities and principal repayments of securities held to maturity 6,059 4,078
Purchase of bank owned life insurance (10,000) 0
Loans sold 88 (5,472)
Net change in loans receivable (73,243) (46,786)
Proceeds from sales of foreclosed real estate 0 43
Net cash paid for acquisition 0 (92,308)
Federal Home Loan Bank stock purchases (403,981) (215,085)
Federal Home Loan Bank stock redemptions 405,960 223,080
Proceeds from the sale of premises and equipment 13 2,096
Purchase of premises and equipment (3,663) (2,148)
Net cash provided by (used in) investing activities (527,834) (224,340)
Cash flows from financing activities:    
Net change in checking, savings, and money market deposits 602,597 437,012
Net change in time deposits (39,370) (72,881)
Net change in federal funds (75,000) (209,000)
Net change in securities sold under agreements to repurchase (2,381) 1,226
Principal payments on capital lease obligations (62) (56)
Cash dividends paid (2,174) (1,686)
Stock compensation 666 0
Proceeds from issuance of common stock 13,245 25,883
Net cash provided by (used in) financing activities 497,521 180,498
Net change in cash and cash equivalents 11,822 (4,949)
Cash and cash equivalents at beginning of period 27,658 29,832
Cash and cash equivalents at end of period 39,480 24,883
Cash paid during the period for:    
Interest 1,516 1,292
Income taxes 1,789 3,120
Franchise taxes 39 39
Other taxes 58 41
Supplemental schedule of non-cash investing activities:    
Sale of available-for-sale securities accrued 10,499 0
Capital lease obligation 0 2,259
Securities transferred from available for sale to held to maturity $ 0 $ 310