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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows From Operating Activities:    
Net income $ 17,924 $ 16,967
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 6,964 6,476
Net gains on sales of securities (387) (2,910)
Stock-based compensation expense 1,471 1,543
Provision for loan losses (1,000)
Increase in income tax benefit (121) (1,156)
Increase in income tax liability 973 1,513
Increase in pension liability 3,102 3,626
Other operating activities, net (3,311) (254)
Net cash provided by operating activities 25,615 25,805
Cash Flows From Investing Activities:    
Proceeds from sales of securities available-for-sale 21,491 99,347
Proceeds from maturities of securities available-for-sale 29,970 31,390
Purchase of securities available-for-sale (57,637) (142,014)
Net increase in loans (25,781) (1,508)
Net (increase) decrease in payments in excess of funding (5,808) 11,368
Purchases of premises and equipment, net (3,549) (4,320)
Net cash used in investing activities (41,314) (5,737)
Cash Flows From Financing Activities:    
Net increase in noninterest-bearing demand deposits 20,561 13,938
Net decrease in interest-bearing demand and savings deposits (37,855) (41,054)
Net decrease in time deposits (5,177) (13,611)
Net increase (decrease) in accounts and drafts payable 105,503 (30,198)
Cash dividends paid (7,406) (7,203)
Purchase of common shares for treasury (9,217) (9,426)
Other financing activities, net (779) (767)
Net cash provided by (used in) financing activities 65,630 (88,321)
Net increase (decrease) in cash and cash equivalents 49,931 (68,253)
Cash and cash equivalents at beginning of period 253,172 294,335
Cash and cash equivalents at end of period 303,103 226,082
Supplemental information:    
Cash paid for interest 1,517 3,313
Cash paid for income taxes $ 5,128 $ 4,501