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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net income attributable to First Banks, Inc. $ 16,173 $ 14,406
Net income (loss) attributable to noncontrolling interest in subsidiary 151 (445)
Less: net loss from discontinued operations (5,398) (4,581)
Net income from continuing operations 21,722 18,542
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of bank premises and equipment 5,794 6,083
Amortization and accretion of investment securities 13,326 6,759
Originations of loans held for sale (173,065) (191,526)
Proceeds from sales of loans held for sale 190,182 179,001
Provision for loan losses 0 2,000
(Benefit) provision for current income taxes (274) 216
Provision for deferred income taxes 3,956 709
Decrease in deferred tax asset valuation allowance (3,662) (709)
Decrease in accrued interest receivable 8 2,247
Increase in accrued interest payable 7,068 5,765
Gain on loans sold and held for sale (3,125) (5,983)
Net loss (gain) on investment securities 71 (517)
(Increase) decrease in fair value of servicing rights (624) 2,191
Write-downs on other real estate and repossessed assets 809 6,253
Other operating activities, net 5,759 5,447
Net cash provided by operating activities – continuing operations 67,945 36,478
Net cash used in operating activities – discontinued operations (4,553) (4,352)
Net cash provided by operating activities 63,392 32,126
Cash flows from investing activities:    
Net cash paid for sale of assets and liabilities of discontinued operations, net of cash and cash equivalents sold (115,044) 0
Proceeds from sales of investment securities available for sale 118,583 207,619
Maturities of investment securities available for sale 243,019 390,460
Maturities of investment securities held to maturity 85,760 228
Purchases of investment securities available for sale (306,063) (957,724)
Purchases of investment securities held to maturity (19,895) 0
Net (purchases) redemptions of Federal Reserve Bank and Federal Home Loan Bank stock (345) 963
Proceeds from sales of commercial loans 6,681 18,283
Net decrease in loans 38,544 196,331
Recoveries of loans previously charged-off 7,785 14,917
Purchases of bank premises and equipment (3,327) (3,342)
Net proceeds from sales of other real estate and repossessed assets 20,535 26,548
Other investing activities, net 1,467 761
Net cash provided by (used in) investing activities – continuing operations 77,700 (104,956)
Net cash provided by investing activities – discontinued operations 1,699 2,724
Net cash provided by (used in) investing activities 79,399 (102,232)
Cash flows from financing activities:    
(Decrease) increase in demand, savings and money market deposits (4,681) 20,208
Decrease in time deposits (123,856) (129,577)
Increase (decrease) in other borrowings 9,203 (13,235)
Net cash used in financing activities – continuing operations (119,334) (122,604)
Net cash (used in) provided by financing activities – discontinued operations (26,758) 42,491
Net cash used in financing activities (146,092) (80,113)
Net decrease in cash and cash equivalents (3,301) (150,219)
Cash and cash equivalents, beginning of period 518,846 474,158
Cash and cash equivalents, end of period 515,545 323,939
Supplemental disclosures of cash flow information:    
Cash paid for interest on liabilities 5,056 10,004
Cash received for income taxes (126) (12)
Noncash investing and financing activities:    
Reclassification of investment securities from available for sale to held to maturity 242,540 729,142
Loans transferred to other real estate and repossessed assets $ 5,221 $ 12,948