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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating Activities    
Net income $ 23,262 $ 17,835
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 1,500 1,500
Gains on sales of loans (1,296) (1,589)
Proceeds from sales of loans 45,928 54,280
Loans originated for sale (43,972) (53,238)
Net gains from sales/writedowns of other real estate and repossessed assets (547) (570)
Depreciation of premises and equipment 2,775 2,479
Amortization of intangible assets 2,169 1,825
Net gains on sale of investment securities (19) (579)
Net amortization of premiums and discounts on investment securities 1,493 1,373
Share-based compensation expense 749 755
Net increase in interest receivable and other assets (921) (9,562)
Net decrease in interest payable and other liabilities (11,875) (7,038)
Net cash provided by operating activities 19,246 7,471
Investment securities – available-for-sale:    
Proceeds from sales 0 13,172
Proceeds from maturities, calls and principal reductions 42,925 57,449
Investment securities – held-to-maturity:    
Proceeds from maturities, calls and principal reductions 8,133 7,542
Purchases (16,965) (72,748)
Net increase in loans (101,915) (20,233)
Proceeds from sales of other real estate and repossessed assets 2,901 3,693
Purchases of premises and equipment, net of disposals (2,406) (1,469)
Net cash used in investing activities (67,327) (12,594)
Financing Activities    
Net increase in interest- and noninterest-bearing demand deposits and savings accounts 234,102 247,244
Net decrease in time deposits (40,753) (5,862)
Net decrease in securities sold under agreements to repurchase with customers and other short-term borrowings (113,816) (17,231)
Proceeds from long-term borrowings 50,000 0
Repayment of long-term borrowings (18,558) 0
Cash dividends paid (9,961) (7,899)
Proceeds from directors’ stock plans and exercise of stock options, net of shares withheld 382 447
Cash paid for payroll taxes upon conversion of share-based awards (730) (658)
Net cash provided by financing activities 100,666 216,041
Net increase in cash and cash equivalents 52,585 210,918
Cash and cash equivalents at beginning of period 238,789 183,020
Cash and cash equivalents at end of period 291,374 393,938
Supplemental Disclosure of Cash Flow Information:    
Interest paid 5,080 3,426
Loans transferred to other real estate and repossessed assets 1,667 3,662
Income Taxes Paid $ 0 $ 9,800