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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities    
Net income $ 18,392 $ 19,775
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 1,757 633
Depreciation and amortization of property, plant, and equipment 3,143 3,286
Amortization of premiums on investments, net 5,872 4,509
Amortization of FDIC indemnification asset, net 5,179 3,166
Amortization of intangible assets 837 532
Gain on sale of loans (439) (536)
Equity-based compensation expense 43 175
Restricted stock awards 191 36
Issuance of treasury stock to 401(k) plan 316  
Loss (gain) on sale of property, plant, and equipment 26 (64)
Loss on sale of other real estate 2,538 2,407
Gain on sale of securities (151) (306)
Net impairment losses recognized in earnings   737
FHLB debt prepayment fees 1,702 3,047
Proceeds from sale of mortgage loans 18,531 23,237
Origination of mortgage loans (16,823) (22,968)
Decrease in accrued interest receivable 405 1,175
Decrease in other operating activities 7,262 2,545
Net cash provided by operating activities 48,781 41,386
Investing activities    
Proceeds from sale of securities available for sale 266 139,544
Proceeds from maturities, prepayments, and calls of securities available for sale 22,350 40,703
Proceeds from maturities and calls of securities held to maturity 190 190
Payments to acquire securities available for sale (81,540) (4,311)
Payments to acquire securities held to maturity (15,003) (30,704)
Originations of loans, net (6,994) (64,120)
Proceeds from the redemption of FHLB stock, net 1,279 3,224
Net cash paid in mergers, acquisitions, and divestitures (88) (202)
Proceeds from the FDIC 2,411 2,937
(Payments to acquire) proceeds from sale of property, plant, and equipment, net (919) (1,389)
Proceeds from sale of other real estate 5,365 8,169
Net cash (used in) provided by investing activities (72,683) 94,041
Financing activities    
Net increase in noninterest-bearing deposits 24,292 57,843
Net decrease in interest-bearing deposits (122,149) (76,310)
Net decrease in federal funds purchased   (16,000)
Securities sold under agreements to repurchase, net 2,334 (3,869)
Repayments of FHLB and other borrowings (28,746) (38,088)
Redemption of preferred stock (2,367)  
Proceeds from stock options exercised 41 9
Excess tax benefit from equity-based compensation 5 1
Payments for repurchase of treasury stock (17,478) (2,168)
Payments of common dividends (7,447) (6,807)
Payments of preferred dividends (219) (683)
Net cash used in financing activities (151,734) (86,072)
Net (decrease) increase in cash and cash equivalents (175,636) 49,355
Cash and cash equivalents at beginning of period 237,660 56,567
Cash and cash equivalents at end of period 62,024 105,922
Supplemental transactions - noncash items    
Transfer of loans to other real estate 4,139 9,631
Loans originated to finance other real estate $ 37 $ 671