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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities:    
Net income attributable to First Banks, Inc. $ 22,033 $ 22,879
Net income (loss) attributable to noncontrolling interest in subsidiary 113 (229)
Less: net loss from discontinued operations, net of tax (6,279) (6,763)
Net income from continuing operations, net of tax 28,425 29,413
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of bank premises and equipment 8,710 9,095
Amortization and accretion of investment securities 19,692 11,471
Originations of loans held for sale (233,259) (325,844)
Proceeds from sales of loans held for sale 272,245 305,523
Provision for loan losses 0 2,000
(Benefit) provision for current income taxes (248) 186
Provision for deferred income taxes 6,715 5,516
Decrease in deferred tax asset valuation allowance (6,512) (5,624)
Decrease in accrued interest receivable 714 1,498
Increase in accrued interest payable 10,763 8,945
Gain on loans sold and held for sale (4,439) (10,308)
Net gain on investment securities (37) (1,306)
(Increase) decrease in fair value of servicing rights (907) 4,608
Write-downs on other real estate and repossessed assets 2,230 7,939
Other operating activities, net 4,426 9,819
Net cash provided by operating activities – continuing operations 108,518 52,931
Net cash used in operating activities – discontinued operations (5,422) (6,421)
Net cash provided by operating activities 103,096 46,510
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 143,675 315,238
Maturities of investment securities available for sale 314,707 576,635
Maturities of investment securities held to maturity 117,859 57,531
Purchases of investment securities available for sale (306,063) (1,226,473)
Purchases of investment securities held to maturity (21,473) 0
Net redemptions of Federal Reserve Bank and Federal Home Loan Bank stock 192 366
Proceeds from sales of commercial loans 7,681 20,386
Cash paid for purchase of one-to-four-family residential real estate loans 0 141,048
Net decrease in loans 43,401 272,489
Recoveries of loans previously charged-off 13,469 22,819
Purchases of bank premises and equipment (4,882) (4,042)
Net proceeds from sales of other real estate and repossessed assets 25,557 33,837
Other investing activities, net 3,601 216
Net cash provided by (used in) investing activities – continuing operations 222,680 (72,046)
Net cash provided by investing activities – discontinued operations 2,168 4,426
Net cash provided by (used in) investing activities 224,848 (67,620)
Cash flows from financing activities:    
Increase in demand, savings and money market deposits 21,751 8,236
Decrease in time deposits (137,152) (183,780)
Increase (decrease) in other borrowings 11,052 (22,622)
Net cash used in financing activities – continuing operations (104,349) (198,166)
Net cash (used in) provided by financing activities – discontinued operations (28,286) 36,140
Net cash used in financing activities (132,635) (162,026)
Net increase (decrease) in cash and cash equivalents 195,309 (183,136)
Cash and cash equivalents, beginning of period 518,846 474,158
Cash and cash equivalents, end of period 714,155 291,022
Supplemental disclosures of cash flow information:    
Cash paid for interest on liabilities 7,313 14,017
Cash received for income taxes 213 458
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 $ 8,217 $ 21,788