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Condensed Consolidated Statements of Cash Flows (unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net income $ 11,869 $ 9,304
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,061 1,007
Deferred taxes 771 (337)
Stock based compensation 146 154
Excess tax benefits of stock-based compensation 336 16
Provision for loan losses 1,160 4,387
Write-downs of other real estate owned and other repossessed assets 179 418
Gains on sale of mortgage loans held for sale (617) (381)
(Gains)/losses on sale of assets, net (35) 37
Proceeds from sale of mortgage loans held for sale 26,731 18,181
Funding of mortgage loans held for sale (27,220) (18,296)
Amortization of securities premiums and discounts, net 1,287 656
Change in cash surrender value of bank owned life insurance (344) (332)
Mortgage servicing rights    
Fair value adjustments (207) 46
New servicing assets created (151) (136)
Changes in:    
Other assets (392) (2,785)
Other liabilities 10,090 (224)
Net cash provided by operating activities 24,664 11,715
Certificates of deposit in other banks:    
Maturity of certificates of deposit (1,117) 3,973
Securities available-for-sale (AFS):    
Purchase of AFS securities (123,695) (90,186)
Proceeds from prepayments and maturities of AFS securities 33,626 18,902
Change in loans, net 8,803 8,752
Purchase of premises and equipment (1,436) (1,774)
Proceeds from sale of premises and equipment 73 0
Additional investment in Federal Home Loan Bank stock (1) (34)
Proceeds from sale of other real estate and other repossessed assets 2,089 1,169
Additional investment in other real estate and other repossessed assets (90) (14)
Net cash used in investing activities (81,748) (59,212)
Cash flows from financing activities:    
Change in deposits, net 69,194 86,118
Change in repurchase agreements, federal funds purchased, and other short-term borrowings, net 15,773 11,102
Advances from Federal Home Loan Bank 0 570
Payments on advances from Federal Home Loan Bank (20,047) (49)
Issuance of common stock 1,993 396
Excess tax benefits of stock-based compensation (336) (16)
Dividends paid (4,753) (4,660)
Net cash provided by financing activities 61,824 93,461
Net increase in cash and cash equivalents 4,740 45,964
Cash and cash equivalents at beginning of period 238,481 158,983
Cash and cash equivalents at end of period 243,221 204,947
Supplemental disclosures:    
Income taxes paid 3,800 3,600
Interest paid 5,290 6,808
Non-cash activities:    
Loans to facilitate the sale of other real estate and other repossessed assets 952 40
Common stock dividends accrued, paid in subsequent quarter 4,783 4,695
Real estate acquired in settlement of loans $ 5,370 $ 6,322