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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating activities    
Net income $ 16,994 $ 17,207
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan and lease losses 16,209 26,663
Provision for depreciation and amortization 3,601 2,837
Stock-based compensation expense 752 708
Pension income (143) (350)
Net amortization of premiums/accretion of discounts on investment securities 2,240 832
Originations of loans held for sale (48,278) (33,691)
Net gains from sales of loans held for sale (940) (989)
Proceeds from sales of loans held for sale 52,410 57,160
Deferred income taxes (1,253) 314
Increase in interest receivable (196) (303)
Decrease (increase) in cash surrender value of life insurance 2,498 (302)
Increase in prepaid expenses (382) (339)
Decrease in indemnification asset 16,612 15,289
Increase (decrease) in accrued expenses 1,985 (14,995)
Decrease in interest payable (543) (54)
Other 5,223 9,873
Net cash provided by operating activities 66,789 79,860
Investing activities    
Proceeds from calls, paydowns and maturities of securities available-for-sale 75,468 53,231
Purchases of securities available-for-sale (291,496) (160,933)
Proceeds from calls, paydowns and maturities of securities held-to-maturity 8,151 626
Net decrease (increase) in interest-bearing deposits with other banks 351,297 (210,971)
Net (increase) decrease in loans and leases, excluding covered loans (6,372) 31,113
Net decrease in covered assets 51,622 121,382
Proceeds from disposal of other real estate owned 6,309 11,949
Purchases of premises and equipment (6,782) (3,096)
Net cash provided by (used in) investing activities 188,197 (156,699)
Financing activities    
Net (decrease) increase in total deposits (241,925) 71,001
Net (decrease) increase in short-term borrowings (20,812) 28,131
Payments on long-term borrowings (792) (25,897)
Cash dividends paid on common stock (15,624) (5,783)
Proceeds from exercise of stock options 180 29
Excess tax benefit on share-based compensation 283 86
Net cash (used in) provided by financing activities (278,690) 67,567
Cash and due from banks:    
Net decrease in cash and due from banks (23,704) (9,272)
Cash and due from banks at beginning of period 149,653 105,981
Cash and due from banks at end of period $ 125,949 $ 96,709