XML 30 R5.htm IDEA: XBRL DOCUMENT v2.3.0.15
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash Flows From Operating Activities:  
Net income$ 17,518$ 15,229
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation and amortization3,2953,077
Gains on sales of securities(48)0
Provision for loan losses1,8503,000
Stock-based compensation expense1,0431,133
Increase (decrease) in income tax liability531(1,751)
Increase in pension liability286640
Other operating activities, net(1,447)355
Net cash provided by operating activities23,02821,683
Cash Flows From Investing Activities:  
Proceeds from sales of securities available-for-sale5,4050
Proceeds from maturities of securities available-for-sale10,1852,770
Purchase of securities available-for-sale(19,974)(11,548)
Net decrease (increase) in loans15,517(48,252)
Increase in payments in excess of funding(30,222)(17,474)
Purchases of premises and equipment, net(1,765)(890)
Net cash used in investing activities(20,854)(75,394)
Cash Flows From Financing Activities:  
Net increase in noninterest-bearing demand deposits12,8837,877
Net increase in interest-bearing demand and savings deposits31,80419,729
Net (decrease) increase in time deposits(13,485)35,777
Net increase in accounts and drafts payable167,132124,694
Cash dividends paid(4,519)(3,945)
Distribution of stock awards, net(249)(251)
Other financing activities, net1144
Net cash provided by financing activities193,680183,885
Net increase in cash and cash equivalents195,854130,174
Cash and cash equivalents at beginning of period138,92979,294
Cash and cash equivalents at end of period334,783209,468
Supplemental information:  
Cash paid for interest3,3863,568
Cash paid for income taxes$ 6,211$ 7,621