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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating Activities    
Net Income $ 32,223 $ 33,219
Adjustment to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 18,011 14,838
Deferred tax expense 9,441 2,507
Depreciation and amortization 6,899 5,736
Net gains on securities and other assets (892) (1,392)
Net amortization of premiums and discounts on securities 278 1,075
Net amortization of premiums and discounts on long term debt (88) (84)
Income from increase in cash surrender value of bank owned life insurance (4,219) (4,369)
Decrease in interest receivable 1,807 1,426
Decrease in interest payable (1,297) (2,087)
(Decrease) increase in income taxes payable (1,093) 6,294
Increase (Decrease) in FDIC insurance 9,205 3,500
Other-net (2,434) (6,067)
Net cash provided by operating activities 67,841 54,596
Investing Activities    
Proceeds from sales 671 0
Proceeds from maturities and redemptions 258,097 410,909
Purchases (410,435) (395,337)
Purchases of FHLB stock (15,378) 0
Proceeds from the redemption of FHLB stock 9,902 7,317
Proceeds from bank owned life insurance 2,092 2,071
Proceeds from sale of loans 20,760 15,981
Proceeds from sales of other assets 10,880 15,301
Net increase in loans (94,250) (185,018)
Purchases of premises and equipment (4,576) (6,468)
Net cash used in investing activities (222,237) (135,244)
Financing Activities    
Net decrease in federal funds purchased (23,000) (54,800)
Net increase in other short-term borrowings 218,401 203,792
Net increase (decrease) in deposits 59,945 (10,206)
Repayments of other long-term debt (29,883) (25,358)
Repayments of subordinated debentures (34,702) 0
Discount on dividend reinvestment plan purchases (84) (67)
Dividends paid (16,630) (13,633)
Proceeds from reissuance of treasury stock 176 617
Purchase of treasury stock (29,553) (9,112)
Tax benefit of stock options exercised 0 1
Net cash provided by financing activities 144,670 91,234
Net (decrease) increase in cash and cash equivalents (9,726) 10,586
Cash and cash equivalents at January 1 102,982 78,478
September 30, 2013 $ 93,256 $ 89,064