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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 23,934 $ 6,746
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation, amortization, net of discount accretion 2,023 2,293
Stock-based compensation expense 398 27
Provision for loan losses 2,600 5,262
Valuation adjustment of loans held for sale 668 0
Valuation adjustment of OREO 390 27
Proceeds from sales of loans 37,904 11,695
Originations of loans held for sale (43,822) (20,326)
Deferred gain on transfer of assets 0 (1,474)
Net gains on sales of SBA and other loans (2,963) (1,160)
Net change in bank owned life insurance (305) (184)
Net gains on sales and calls of securities available for sale (816) 0
Net gains on sales of OREO (61) (2)
Net valuation losses on interest rate swaps and caps (3) 11
Change in accrued interest receivable 1,186 (83)
Change in deferred income taxes 6,058 2,391
Change in prepaid FDIC insurance 960 1,181
Change in investments in affordable housing partnership 513 0
Change in FDIC loss share receivable (27) 0
Change in other assets (5,227) 628
Change in accrued interest payable (34) (97)
Change in other liabilities 12,197 2,774
Net cash provided by operating activities 35,573 9,709
CASH FLOWS FROM INVESTING ACTIVITIES    
Net change in loans receivable (1,028) (14,680)
Proceeds from sales of securities available for sale 1,883 0
Proceeds from sales of OREO 2,066 422
Proceeds from matured term federal funds 40,000 0
Proceeds from sales of equipment 3 0
Purchase of premises and equipment (752) (397)
Purchase of securities available for sale 0 (19,808)
Redemption of Federal Home Loan Bank Stock 1,309 702
Purchase of term federal funds (20,000) 0
Proceeds from matured, called, or paiddown securities available for sale 39,334 34,359
Net cash provided by (used in) investing activities 62,815 598
CASH FLOWS FROM FINANCING ACTIVITIES    
Net change in deposits (20,428) (16)
Net change in secured borrowings 0 3,550
Payment of cash dividends on Preferred Stock (1,410) (837)
Proceeds from FHLB borrowings 0 0
Repayment of FHLB borrowings (11,062) (50,000)
Issuance of additional stock pursuant to various stock plans 81 6
Tax effects on issuance of shares from stock plan 0 0
Net cash used in financing activities (32,819) (47,297)
NET CHANGE IN CASH AND CASH EQUIVALENTS 65,569 (36,990)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 300,110 172,331
CASH AND CASH EQUIVALENTS, END OF PERIOD 365,679 135,341
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest paid 7,730 8,408
Income taxes paid (refunds received) (4,250) 45
SUPPLEMENTAL DISCLOSURES OF NON-CASH ACTIVITIES    
Transfer from loans receivable to other real estate owned 412 1,574
Transfer from loan receivables to loans held for sale 0 2,496
Non-cash goodwill adjustment, net $ 591 $ 0