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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating activities:    
Net income $ 20,079 $ 19,702
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of premises and equipment, and amortization 3,245 3,090
Amortization of intangible assets 658 578
Benefit from reversal of provision for loan losses (564) (436)
Amortization of investment securities premium, net 2,334 1,645
Originations of loans for resale (58,952) (55,669)
Proceeds from sale of loans originated for resale 59,009 55,656
Gain on sale of loans (1,692) (1,459)
Change in market value of mortgage servicing rights 1,399 (15)
Provision for losses on foreclosed assets 32 241
Gain on sale of foreclosed assets (149) (426)
Loss on disposal of fixed assets 39 83
Increase in cash value of life insurance (1,377) (1,350)
Life insurance proceeds in excess of cash value (238)  
Equity compensation vesting expense 697 698
Tax effect of equity compensation exercise or release 182 (30)
Change in:    
Reserve for unfunded commitments 408 (20)
Interest receivable (816) (789)
Interest payable (47) (181)
Other assets and liabilities, net (629) 4,249
Net cash from operating activities 23,618 25,567
Investing activities:    
Proceeds from maturities of securities available for sale 26,359 13,941
Proceeds from maturities of securities held to maturity 50,963 45,078
Purchases of securities available for sale (155,444) (220,383)
Purchases of securities held to maturity   (146,100)
Loan origination and principal collections, net (135,638) (112,372)
Loans purchased (22,503)  
Proceeds from sale of loans other than loans originated for sale 27,049  
Improvement of foreclosed assets   (511)
Proceeds from sale of other real estate owned 2,497 1,033
Proceeds from sale of premises and equipment 1 2
Purchases of premises and equipment (9,053) (1,293)
Cash acquired in acquisition 156,316  
Net cash used by investing activities (59,453) (420,605)
Financing activities:    
Net decrease in deposits (51,101) (38,741)
Net change in other borrowings 7,136 (2,541)
Tax effect of equity compensation exercise or release (182) 30
Repurchase of common stock (335) (31)
Dividends paid (6,841) (5,473)
Exercise of stock options 483 569
Net cash used by financing activities (50,840) (46,187)
Net change in cash and cash equivalents (86,675) (441,225)
Cash and cash equivalents and beginning of year 303,461 610,728
Cash and cash equivalents at end of period 216,786 169,503
Supplemental disclosure of noncash activities:    
Unrealized gain (loss) on securities available for sale 13,298 (4,737)
Loans transferred to foreclosed assets 853 1,649
Market value of shares tendered in-lieu of cash to pay for exercise of options and/or related taxes 2,331 667
Supplemental disclosure of cash flow activity:    
Cash paid for interest expense 2,869 2,909
Cash paid for income taxes 12,540 $ 7,395
Assets acquired in acquisition 161,231  
Liabilities assumed in acquisition $ 161,231