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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating Activities    
Net income $ 46,816 $ 42,430
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 4,600 9,000
Gains on sales of loans (3,137) (6,041)
Proceeds from sales of loans 105,870 181,644
Loans originated for sale (106,861) (165,845)
Net gains on sales of other real estate and repossessed assets (1,443) (2,265)
Depreciation of premises and equipment 6,431 6,552
Amortization of intangible assets 2,211 2,794
Gain on sale of investment securities 0 (1,104)
Net amortization of premiums and discounts on investment securities 3,183 3,054
Share-based compensation expense 1,881 2,131
Contributions to defined benefit pension plan 0 (15,000)
Net (increase) decrease in interest receivable and other assets (2,297) 6,634
Net increase (decrease) in interest payable and other liabilities 403 (786)
Net cash provided by operating activities 57,657 63,198
Investment securities – available-for-sale:    
Proceeds from sales 0 38,028
Proceeds from maturities, calls and principal reductions 109,004 121,959
Purchases 0 (289,189)
Investment securities – held-to-maturity:    
Proceeds from maturities, calls and principal reductions 75,168 51,962
Purchases (120,367) (104,733)
Net increase in loans (407,835) (371,423)
Proceeds from sales of other real estate and repossessed assets 8,735 13,229
Purchases of premises and equipment and branch bank property, net of disposals (11,250) (5,166)
Net cash used in investing activities (346,545) (545,333)
Financing Activities    
Net increase in interest- and noninterest-bearing demand deposits and savings accounts 401,440 393,262
Net decrease in time deposits (91,898) (123,400)
Net increase (decrease) in short-term borrowings (4,342) 47,132
Repayment of FHLB advances 0 (34,289)
Cash dividends paid (21,647) (17,658)
Proceeds from issuance of common stock, net of issuance costs 76,175 53,925
Proceeds from directors’ stock plans and exercise of stock options, net of shares withheld 1,211 517
Cash paid for payroll taxes upon conversion of restricted stock units (701) (379)
Net cash provided by financing activities 360,238 319,110
Net increase (decrease) in cash and cash equivalents 71,350 (163,025)
Cash and cash equivalents at beginning of period 310,788 656,135
Cash and cash equivalents at end of period 382,138 493,110
Supplemental Disclosure of Cash Flow Information:    
Interest paid 11,305 13,888
Loans transferred to other real estate and repossessed assets 7,870 4,528
Closed branch offices transferred to other real estate 0 382
Income Taxes Paid, Net $ 19,900 $ 12,950