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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
OPERATING ACTIVITIES    
Net income $ 16,093 $ 12,835
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 5,014 1,207
Provision for unfunded loan commitments 125 198
Depreciation, amortization and accretion 906 1,460
Net amortization of discounts and premiums on securities 915 913
Stock-based compensation expense 731 240
Mortgage loans originated for sale (18,478) (21,481)
Proceeds from the sale of mortgage loans 19,014 21,777
Gain on the sale of mortgage loans, net (231) (203)
Gain on sale of credit card portfolio (2,066) 0
Pension plan curtailment gain (1,017) 0
Net increase in interest receivable (2,768) (2,288)
Net increase (decrease) in interest payable 875 (374)
Net (increase) decrease in other assets (714) 2,945
Net increase in other liabilities 7,267 2,061
Net Cash Provided by Operating Activities 25,666 19,290
INVESTING ACTIVITIES    
Purchases of securities available-for-sale (25,168) (6,373)
Proceeds from maturities, prepayments and calls of securities available-for-sale 17,028 6,389
Net (purchases of) proceeds from Federal Home Loan Bank stock (305) 4,024
Net increase in loans (151,841) (30,588)
Purchases of premises and equipment (468) (849)
Proceeds from the sale of premises and equipment 3 7
Proceeds from the sale of credit card portfolio 25,019 0
Net cash paid in excess of cash acquired from bank merger 0 (16,347)
Net Cash Used in Investing Activities (135,732) (43,737)
FINANCING ACTIVITIES    
Net increase in core deposits 13,688 240,719
Net increase (decrease) in certificates of deposit 128,885 (43,417)
Net (decrease) increase in securities sold under repurchase agreements (2,061) 16,116
Net decrease in short-term borrowings (1,000) (159,150)
Repayments of long-term borrowings (575) (605)
Repayment of junior subordinated debt 0 (8,500)
Treasury shares issued-net 0 (79)
Common stock issuance costs 0 (123)
Cash dividends paid to common shareholders (6,601) (5,357)
Net Cash Provided by Financing Activities 132,336 39,604
Net increase in cash and cash equivalents 22,270 15,157
Cash and cash equivalents at beginning of period 99,399 109,580
Cash and Cash Equivalents at End of Period 121,669 124,737
Supplemental Disclosures    
Interest paid 4,508 3,781
Income taxes paid, net of refunds 1,794 1,500
Net assets acquired from bank merger, excluding cash and cash equivalents 0 44,019
Transfers of loans to other real estate owned $ 49 $ 0