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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Interest and dividends received $ 125,583 $ 120,161
Service charges and other fees received 15,036 18,130
Interest paid (7,984) (8,402)
Net cash paid to vendors and employees (63,504) (38,837)
Income taxes paid (35,500) (38,200)
(Payments to) proceeds from FDIC loss share agreement (1,372) 312
Net cash provided by operating activities 32,259 53,164
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from redemption of FHLB stock 8,899 11,435
Proceeds from maturity of interest-earning balances from depository institutions 1,494 0
Proceeds from sale of investment securities 14,271 99,155
Proceeds from repayment of investment securities 143,151 249,749
Proceeds from maturity of investment securities 47,199 25,867
Purchases of investment securities (413,458) (368,829)
Net decrease in loan and lease finance receivables 184,031 111,102
Proceeds from sales of premises and equipment 663 5
Purchase of premises and equipment (964) (1,541)
Proceeds from sales of other real estate owned 2,254 12,872
Cash acquired on purchase of American Security Bank, net of cash paid 50,038 0
Net cash provided by investing activities 37,578 139,815
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in transaction deposits 392,737 69,142
Net decrease in time deposits (32,172) (10,807)
Repayment of junior subordinated debentures 0 (41,238)
Net decrease in other borrowings (69,000) (26,000)
Net (decrease) increase in customer repurchase agreements (31,792) 18,397
Cash dividends on common stock (21,117) (19,414)
Repurchase of common stock (4,908) (61)
Proceeds from exercise of stock options 5,109 780
Tax benefit related to exercise of stock options 796 59
Net cash provided by (used in) financing activities 239,653 (9,142)
NET INCREASE IN CASH AND CASH EQUIVALENTS 309,490 183,837
CASH AND CASH EQUIVALENTS, beginning of period 94,693 98,431
CASH AND CASH EQUIVALENTS, end of period 404,183 282,268
RECONCILIATION OF NET EARNINGS TO NET CASH PROVIDED BY OPERATING ACTIVITIES    
Net earnings 54,145 46,081
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Gain on sale of loans held-for-sale (5,330) 0
Gain on sale of investment securities 0 (2,094)
Loss on sale of premises and equipment, net 71 6
Gain on sale of other real estate owned (117) (3,053)
Amortization of capitalized prepayment penalty on borrowings 136 136
Increase in bank owned life insurance (1,161) (1,322)
Net amortization of premiums and discounts on investment securities 10,044 13,938
Accretion of SJB discount (3,174) (7,849)
Provision for loan losses (15,100) (6,200)
Valuation adjustment on other real estate owned 0 87
Change in FDIC loss share asset 3,174 7,467
(Payments to) proceeds from FDIC loss share agreement (1,372) 312
Stock-based compensation 1,531 893
Depreciation and amortization, net 858 1,603
Change in accrued interest receivable 331 193
Change in accrued interest payable 12 (317)
Change in other assets and liabilities (11,789) 3,283
Total adjustments (21,886) 7,083
Net cash provided by operating activities 32,259 53,164
Net cash provided by investing activities 37,578 139,815
Net cash provided by (used in) financing activities 239,653 (9,142)
NET INCREASE IN CASH AND CASH EQUIVALENTS 309,490 183,837
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING ACTIVITIES    
Securities purchased and not settled 56,430 67,483
Transfer of loans to other real estate owned $ 478 $ 1,492