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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities:    
Net income $ 9,808 $ 137,309
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision (credit) for loan and lease losses (1,316) (6,561)
Depreciation and amortization 1,463 1,518
Write down of other real estate, net of gain on sale (65) (584)
Amortization of other intangible assets 1,240 2,248
Net amortization of investment securities 2,191 3,962
Share-based compensation 928 1,168
Net gain on sales of residential loans (1,239) (4,128)
Proceeds from sales of loans held for sale 84,989 212,432
Originations of loans held for sale (82,627) (187,314)
Equity in earnings of unconsolidated subsidiaries (52) (28)
Increase in cash surrender value of bank-owned life insurance (670) (564)
Deferred income taxes 5,535 (119,802)
Net change in other assets and liabilities (1,169) (6,918)
Net cash provided by operating activities 19,016 32,738
Cash flows from investing activities:    
Proceeds from maturities of and calls on investment securities available for sale 32,639 155,045
Purchases of investment securities available for sale (18,923) (164,052)
Proceeds from maturities of and calls on investment securities held to maturity 3,171 2,388
Net loan originations (66,567) (74,798)
Proceeds from sales of loans originated for investment   460
Proceeds from sale of other real estate 771 1,842
Purchases of premises and equipment (416) (1,337)
Distributions from unconsolidated subsidiaries 354 550
Contributions to unconsolidated subsidiaries (60) (50)
Proceeds from redemption of FHLB stock 601 434
Net cash used in investing activities (48,430) (79,518)
Cash flows from financing activities:    
Net increase in deposits 49,594 83,919
Repayments of long-term debt (4) (5)
Net increase in short-term borrowings 93,985  
Cash dividends paid on common stock (3,370)  
Repurchases of common stock and other related costs (68,873)  
Net cash provided by financing activities 71,332 83,914
Net increase in cash and cash equivalents 41,918 37,134
Cash and cash equivalents at beginning of period 49,348 177,375
Cash and cash equivalents at end of period 91,266 214,509
Cash paid during the period for:    
Interest 1,654 14,048
Income taxes   5
Cash received during the year for:    
Income taxes 79  
Supplemental disclosure of noncash investing and financing activities:    
Net change in common stock held by directors' deferred compensation plan (34) (7)
Net reclassification of loans to other real estate $ 372 $ 640