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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash Flows From Operating Activities:    
Net Income $ 23,322,000 $ 19,418,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for Credit Losses 3,043,000 3,310,000
Depreciation and amortization 1,596,000 2,915,000
Gains on sale of loans (1,463,000) (3,587,000)
Securities premium amortization (discount accretion), net 1,142,000 683,000
Origination of loans held for sale (125,644,000) (279,612,000)
Proceeds from sale of loans held for sale 128,920,000 264,758,000
Net increase in cash surrender value of BOLI (390,000) (390,000)
(Increase) decrease in deferred income taxes (825,000) 422,000
Decrease in value of other real estate owned 6,000 750,000
Net (gain) loss on sale of other real estate owned (573,000) 17,000
Net gain on sale of investment securities $ (624,000) (2,164,000)
Loss on early extinguishment of debt 1,130,000
Stock-based compensation expense $ 1,430,000 1,148,000
Tax benefits realized from stock compensation (65,000) (1,450,000)
Decrease (increase) in other assets 713,000 (296,000)
Increase in other liabilities 5,911,000 623,000
Net cash provided by operating activities 36,499,000 7,675,000
Cash Flows From Investing Activities:    
Decrease in interest bearing deposits with other banks and short-term investments 698,000 295,000
Purchases of available for sale investment securities (41,378,000) (26,885,000)
Proceeds from maturities of available for sale securities 24,182,000 12,110,000
Proceeds from sale/call of available for sale securities 15,700,000 65,701,000
Purchases of Federal Reserve and Federal Home Loan Bank stock $ (793,000) (2,322,000)
Proceeds from redemption of Federal Reserve and Federal Home Loan Bank stock (8,100,000)
Net increase in loans $ (159,159,000) (134,100,000)
Proceeds from sale of other real estate owned $ 2,572,000 153,000
Purchases of BOLI (389,000)
Purchases of annuities (992,000)
Bank premises and equipment acquired $ (977,000) (348,000)
Net cash used in investing activities (159,155,000) (78,677,000)
Cash Flows From Financing Activities:    
Increase in deposits 31,202,000 273,597,000
Decrease in customer repurchase agreements $ (5,393,000) (2,531,000)
Issuance of common stock 94,698,000
Decrease in short-term borrowings (100,000,000)
Decrease in long-term borrowings (40,000,000)
Payment of dividends on preferred stock (164,000)
Proceeds from exercise of stock options $ 159,000 3,439,000
Tax benefits realized from stock compensation $ 65,000 1,450,000
Payment in lieu of fractional shares (4,000)
Proceeds from employee stock purchase plan $ 157,000 153,000
Net cash provided by financing activities 26,190,000 230,638,000
Net (Decrease) Increase In Cash and Cash Equivalents (96,466,000) 159,636,000
Cash and Cash Equivalents at Beginning of Period 298,363,000 256,025,000
Cash and Cash Equivalents at End of Period 201,897,000 415,661,000
Supplemental Cash Flows Information:    
Interest paid 6,105,000 6,045,000
Income taxes paid $ 7,100,000 $ 8,350,000
Non-Cash Investing Activities    
Transfers from loans to other real estate owned
Transfers from other real estate owned to loans