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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating activities    
Net income $ 12,339 $ 12,133
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 1,909 1,376
Depreciation and amortization of property, plant, and equipment 1,841 2,109
Amortization of premiums on investments, net 1,763 5,477
Amortization of FDIC indemnification asset, net 2,487 3,411
Amortization of intangible assets 555 556
Gain on sale of loans, net   (263)
Equity-based compensation expense 75 43
Restricted stock awards 284 175
Issuance of treasury stock to 401(k) plan 235 220
Loss on sale of property, plant, and equipment, net 340 18
Loss on sale of other real estate 1,278 659
Loss (gain) on sale of securities 78 (190)
Net impairment losses recognized in earnings 11  
FHLB debt prepayment fees   1,702
Proceeds from sale of mortgage loans   10,753
Originations of mortgage loans   (9,611)
(Increase) decrease in accrued interest receivable (108) 196
Decrease in other operating activities 2,296 658
Net cash provided by operating activities 25,383 29,422
Investing activities    
Proceeds from sale of securities available for sale 26,479 266
Proceeds from maturities, prepayments, and calls of securities available for sale 19,838 13,105
Proceeds from maturities and calls of securities held to maturity 190 190
Payments to acquire securities available for sale (1,174) (69,712)
Payments to acquire securities held to maturity   (15,003)
(Originations of) proceeds from loans, net (98,565) 17,355
(Payments for) proceeds from FHLB stock, net (4,842) 1,279
Cash paid in mergers, acquisitions, and divestitures, net   (88)
Proceeds from the FDIC 2,573 1,805
Proceeds from sale of (payments to acquire) property, plant, and equipment, net 160 (530)
Proceeds from sale of other real estate 3,506 2,868
Net cash used in investing activities (51,835) (48,465)
Financing activities    
(Decrease) increase in noninterest-bearing deposits, net (508) 6,709
Decrease in interest-bearing deposits, net (48,336) (87,247)
Increase in federal funds purchased 42,000  
(Repayments of) proceeds from securities sold under agreements to repurchase, net (25,222) 416
Proceeds from (repayments of) FHLB and other borrowings, net 75,000 (27,000)
Redemption of preferred stock   (2,367)
Proceeds from stock options exercised 179 41
Excess tax benefit from equity-based compensation   5
Payments for repurchase of treasury stock (19,191) (11,497)
Payments of common dividends (4,956) (4,856)
Payments of preferred dividends   (219)
Net cash provided by (used in) financing activities 18,966 (126,015)
Net decrease in cash and cash equivalents (7,486) (145,058)
Cash and cash equivalents at beginning of period 51,787 237,660
Cash and cash equivalents at end of period 44,301 92,602
Supplemental transactions - noncash items    
Transfer of loans to other real estate 2,123 3,411
Loans originated to finance other real estate 42 37
Supplemental disclosure - cash flow information    
Cash paid for interest 4,926 6,404
Cash paid for income taxes $ 1,300 $ 6,900