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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income $ 23,340 $ 22,335
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,027 2,256
Deferred taxes 396 935
Stock-based compensation 387 344
Excess tax benefits of stock-based compensation 148 10
Provision for loan losses 4,220 2,080
Write-downs of other real estate owned and other repossessed assets 363 1,161
Gains on sale of mortgage loans held for sale (1,113) (478)
Securities (gains) losses (130) 111
Losses on sale of assets, net 61 43
Proceeds from sale of mortgage loans held for sale 42,455 20,310
Funding of mortgage loans held for sale (41,071) (19,900)
Amortization of securities premiums and discounts, net 1,372 1,349
Change in cash surrender value of bank owned life insurance (793) (711)
Mortgage servicing rights:    
Fair value adjustments 30 507
New servicing assets created (297) (145)
Changes in:    
Other assets (9,372) 1,123
Other liabilities (4,204) (684)
Net cash provided by operating activities 17,819 30,646
Certificates of deposit in other banks:    
Maturity of certificates of deposit 1,532 95
Securities available-for-sale (AFS):    
Purchase of AFS securities (13,816) (175,553)
Proceeds from the sales of AFS securities 40,944 112,949
Proceeds from prepayments and maturities of AFS securities 30,512 35,776
Securities held-to-maturity (HTM):    
Proceeds from maturities of HTM securities 1 0
Change in loans, net (66,589) (17,970)
Purchase of premises and equipment (1,067) (702)
Proceeds from sale of premises and equipment (23) 18
Redemption of stock by Federal Home Loan Bank 0 7,746
Additional investment in Federal Reserve Bank stock (18) (1)
Proceeds from sale of other real estate and other repossessed assets 4,015 3,150
Additional investment in other real estate and other repossessed assets (85) 0
Net cash used in investing activities (4,594) (34,492)
Cash flows from financing activities:    
Change in deposits, net 38,814 32,115
Change in repurchase agreements, federal funds purchased, and other short-term borrowings, net 7,769 12,652
Advances from Federal Home Loan Bank 70,000 0
Payments on advances from Federal Home Loan Bank (80,058) (58)
Issuance of common stock 593 594
Netting of common stock (189) 0
Excess tax benefits of stock-based compensation (148) (10)
Dividends paid (10,492) (10,115)
Net cash provided by financing activities 26,289 35,178
Net increase in cash and cash equivalents 39,514 31,332
Cash and cash equivalents at beginning of period 105,517 106,641
Cash and cash equivalents at end of period 145,031 137,973
Supplemental disclosures:    
Income taxes paid 12,475 6,720
Interest paid 5,337 5,431
Non-cash activities:    
Loans to facilitate the sale of other real estate and repossessed assets 2,165 5,225
Common stock dividends accrued, paid in subsequent quarter 214 201
Real estate acquired in settlement of loans $ 5,969 $ 3,469