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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating Activities    
Net Income $ 24,228 $ 16,369
Adjustment to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 6,548 15,297
Deferred tax expense 4,918 3,848
Depreciation and amortization 8,436 4,736
Net (gains) losses on securities and other assets (2,843) 418
Net amortization of premiums and discounts on securities 1,000 1,162
Net accretion of premiums and discounts on long term debt (37) (58)
Increase In Cash Surrender Value of BOLI 2,576 2,860
Decrease in interest receivable 668 606
Decrease in interest payable (288) (1,284)
Increase (decrease) in income taxes payable 998 (250)
Other-net 5,685 5,708
Net cash provided by operating activities 46,737 43,692
Investing Activities    
Proceeds from sales 0 42
Proceeds from maturities and redemptions 152,846 195,806
Purchases (153,310) (360,010)
Purchases of FHLB stock (18,659) (10,670)
Proceeds from the redemption of FHLB stock 10,025 4,984
Proceeds from bank owned life insurance 939 1,439
Proceeds from sale of loans 3,112 20,348
Proceeds from sale of other assets 9,500 2,853
Net increase in loans (66,085) (77,496)
Purchases of premises and equipment (6,229) (3,106)
Net cash used in investing activities (67,861) (225,810)
Financing Activities    
Net increase (decrease) in federal funds purchased 13,000 (24,000)
Net increase in other short-term borrowings 206,259 109,621
Net (decrease) increase in deposits (143,441) 175,186
Repayments of other long-term debt (7,675) (29,797)
Early repayment of subordinated debt 0 34,702
Discount on dividend reinvestment plan purchases (65) (55)
Dividends paid (13,205) (10,842)
Proceeds from sale of treasury stock 192 176
Purchase of treasury stock (13,369) (24,469)
Net cash provided by financing activities 41,696 161,118
Net increase (decrease) in cash and cash equivalents 20,572 (21,000)
Cash and cash equivalents at January 1 77,439 102,982
Cash and cash equivalents at June 30 $ 98,011 $ 81,982