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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash Flow From Operating Activities:    
Net income $ 37,699 $ 34,140
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 1,340 417
Depreciation and amortization 3,604 3,123
Change in deferred taxes 5,571 2,341
Share-based compensation 1,235 1,130
Tax benefit from stock options exercised (3) (35)
Loans originated for sale (199,281) (176,552)
Proceeds from sales of loans 190,321 175,492
Gain on sale of insurance subsidiary (8,265)
Gains on sales of securities available for sale (1,703) (932)
Change in interest receivable 1,064 396
Change in interest payable (41) (19)
Other adjustments (5,237) 5,170
Net cash provided by operating activities 34,569 36,406
Cash Flows from Investing Activities:    
Net change in interest-bearing deposits (30,218) 21,773
Purchases of:    
Securities available for sale (96,873) (101,627)
Securities held to maturity (76,395) (55,415)
Proceeds from sales of securities available for sale 85,081 42,117
Proceeds from maturities of:    
Securities available for sale 32,286 31,917
Securities held to maturity 54,810 44,035
Change in Federal Reserve and Federal Home Loan Bank stock 19,537 7,578
Net change in loans (102,735) (213,356)
Net cash and cash equivalents paid in acquisition (12,004)
Net cash received from sale of insurance subsidiary 15,155
Proceeds from the sale of other real estate owned 4,633 4,444
Other adjustments (1,671) 1,464
Net cash used in investing activities (111,545) (213,919)
Net change in :    
Demand and savings deposits 173,705 51,914
Certificates of deposit and other time deposits (56,969) (8,357)
Borrowings 279,518 200,467
Repayment of borrowings (290,687) (71,916)
Cash dividends on common stock (10,264) (7,246)
Stock issued under employee benefit plans 216 231
Stock issued under dividend reinvestment and stock purchase plans 384 310
Stock options exercised 211 619
Tax benefit from stock options exercised 3 35
Stock redeemed (840) (1,232)
Net cash provided by financing activities 95,277 164,825
Net Change in Cash and Cash Equivalents 18,301 (12,688)
Cash and Cash Equivalents at beginning of period 102,170 118,616
Cash and Cash Equivalents at end of period 120,471 105,928
Additional cash flow information:    
Interest paid 13,555 12,129
Income tax paid 3,155 3,000
Loans transferred to other real estate owned 320 3,360
Fixed assets transferred to other real estate owned 360 1,003
Non-cash investing activities using trade date accounting 4,414 1,887
In conjunction with the acquisition, liabilities were assumed as follows:    
Fair value of assets acquired 141,724
Cash received (paid) in acquisition (14,500)
Less: Common stock issued
Liabilities assumed $ 0 $ 127,224