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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:  
Net Income (Loss)$ 22,641$ (93,321)
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided By Operating Activities:  
Depreciation and Amortization of Premises and Equipment1,6051,729
Amortization of Premiums and Accretion of Discounts on Investments Securities, Net2,052476
Amortization of Other Intangible Assets569902
Amortization of Servicing Assets487705
Share-Based Compensation Expense440748
Provision for Credit Losses8,100117,496
Net Gain on Sales of Investment Securities(1,634)(117)
Net Gain on Sales of Loans(1,044)(443)
Loss on Sales of Other Real Estate Owned59981
Provision for Valuation Allowance on Other Real Estate Owned4708,444
Impairment Loss on Investment Securities 790
Lower of Cost or Fair Value Adjustment for Loans Held for Sale2,903 
Deferred Tax Benefit 3,608
Origination of Loans Held for Sale(28,656)(21,050)
Net Proceeds from Sales of Loans Held for Sale20,011119,560
Loss on Investment in Affordable Housing Partnership660660
Decrease in Accrued Interest Receivable8231,050
Increase in Servicing Asset(481)(60)
Increase in Cash Surrender Value of Bank-Owned Life Insurance(701)(703)
Increase in Other Assets(401)(4,547)
Decrease in Income Tax Receivable 47,366
(Decrease) Increase in Accrued Interest Payable(2,476)1,121
(Decrease) Increase in Other Liabilities(510)223
Net Cash Provided By Operating Activities25,457184,718
CASH FLOWS FROM INVESTING ACTIVITIES:  
Proceeds from Redemption of Federal Home Loan Bank and Federal Reserve Bank Stock3,3203,374
Proceeds from Matured or Called Investment Securities Available for Sale171,490100,006
Proceeds from Matured or Called Investment Securities Held to Maturity3519
Proceeds from Sales of Investment Securities Available for Sale152,4683,264
Net Proceeds from Sales of Loans Held for Sale73,126 
Proceeds from Sales of Other Real Estate Owned5,5987,732
Net Decrease in Loans Receivable114,269229,531
Purchases of Federal Reserve Bank Stock(40) 
Purchases of Investment Securities Available for Sale(267,432)(294,669)
Purchases of Investment Securities Held to Maturity(51,844) 
Purchases of Premises and Equipment(633)(711)
Net Cash Provided By Investing Activities200,35748,546
CASH FLOWS FROM FINANCING ACTIVITIES:  
Decrease in Deposits(113,552)(221,941)
Proceeds from Exercise of Stock Options 22
Net Proceeds from Issuance of Common Stock in Private Offering 116,276
Repayment of Long-Term Federal Home Loan Bank Advances(259)(244)
Net Change in Short-Term Federal Home Loan Bank Advances and Other Borrowings(132,861)811
Net Cash Used In Financing Activities(246,672)(105,076)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS(20,858)128,188
Cash and Cash Equivalents at Beginning of Period249,720154,110
CASH AND CASH EQUIVALENTS AT END OF PERIOD228,862282,298
Cash Paid During the Period for:  
Interest Paid23,90028,875
Income Taxes Paid, Net of Refunds3(49,971)
Non-Cash Activities:  
Loan Provided in the Sale of Loans Held for Sale5,750 
Transfer of Loans to Other Real Estate Owned3,93811,745
Transfer of Loans to Loans Held for Sale66,287103,717
Loan Provided in the Sale of Other Real Estate Owned5101,217
Issuance of Stock Warrants in Connection with Common Stock Offering $ 1,967