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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash flows from operating activities:      
Net income $ 38,827 $ 33,034 $ 25,059
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 4,216 4,377 5,239
Deferred taxes (94) 219 2,918
Stock-based compensation 650 804 536
Excess tax benefits of stock-based compensation 23 205 411
Provision for loan losses 13,262 16,484 17,468
Fair value adjustments to other real estate owned and other repossessed assets 6,464 689 1,368
Securities gains (218) 0 (654)
Gains on sale of mortgage loans held for sale (1,749) (1,642) (4,324)
(Gains)/losses on sale of assets, net (34) 139 56
Proceeds from sale of mortgage loans held for sale 81,095 82,324 217,458
Funding of mortgage loans held for sale (79,427) (79,319) (214,328)
Amortization of securities premiums and discounts, net 3,719 2,422 2,121
Change in cash surrender value of bank owned life insurance (1,407) (1,580) (1,037)
Death benefits received on bank owned life insurance 79 0 0
Mortgage servicing rights:      
Fair value adjustments 1,405 769 107
New servicing assets created (526) (524) (1,345)
Changes in:      
Other assets (746) 1,259 (13,605)
Other liabilities (1,213) 1,644 261
Net cash provided by operating activities 64,326 61,304 37,709
Certificates of deposit in other banks:      
Purchase of certificates of deposit 0 (16,363) (29,400)
Maturity of certificates of deposit 2,887 1,701 29,400
Securities available-for-sale:      
Purchase of securities (312,615) (168,612) (139,999)
Proceeds from sales 12,045 0 43,415
Proceeds from prepayments and maturities 117,996 127,072 97,397
Securities held-to-maturity:      
Purchase of securities (480) (480) (480)
Proceeds from prepayments and maturities 480 13,154 11,705
Change in loans, net 4,632 (75,996) (135,211)
Purchase of premises and equipment (3,116) (2,426) (2,265)
Proceeds from sale of premises and equipment 271 9 24
Additional investment in Federal Reserve Bank stock (449) (23) (11)
Redemption of equity securities 0 0 3
Proceeds from sale of other real estate owned and repossessed assets 9,258 7,480 5,999
Additional investment in other real estate owned (744) (225) (1,928)
Additional investment in bank owned life insurance (2,458) 0 (12,945)
Net cash received in acquisition 0 2,906 0
Net cash used in investing activities (172,293) (111,803) (134,296)
Cash flows from financing activities:      
Change in deposits, net 172,242 79,794 130,375
Change in repurchase agreements, federal funds purchased, and other short-term borrowings, net 32,326 4,853 23,762
Advances from Federal Home Loan Bank 571 40,000 20,000
Payments on advances from Federal Home Loan Bank (200) (40,632) (60,056)
Issuance of common stock 1,291 1,875 2,292
Excess tax benefits of stock-based compensation (23) (205) (411)
Dividends paid (18,742) (18,332) (18,124)
Net cash provided by financing activities 187,465 67,353 97,838
Net increase in cash and cash equivalents 79,498 16,854 1,251
Cash and cash equivalents at beginning of year 158,983 142,129 140,878
Cash and cash equivalents at end of year 238,481 158,983 142,129
Supplemental disclosures:      
Income taxes paid 13,680 15,820 6,695
Interest paid 27,682 36,095 49,424
Loans to facilitate the sale of other real estate owned and other repossessed assets 2,517 1,209 946
Common stock dividends accrued, paid in subsequent quarter 4,753 4,677 4,561
Real estate acquired in settlement of loans $ 31,536 $ 11,806 $ 33,301