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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 24,239 $ 27,034
Adjustments to reconcile net income to net cash provided by operating activities:    
Net amortization (accretion) of premiums and discounts on investments 2,209 11
Provision for loan losses 7,304 3,894
Securities (gains) losses (677) (7)
Securities impairment loss 11 110
Gain on exchange of bank owned life insurance   (928)
(Gain) loss on sale of other real estate 46 232
Restricted stock compensation 366  
Depreciation and amortization 3,741 2,329
Other, net 2,345 (5,300)
NET CASH FROM OPERATING ACTIVITIES 39,584 27,375
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sales of securities available-for-sale 9,015 3,368
Redemption of restricted stock 1,172  
Purchases of restricted stock (186)  
Purchases of customer list (114)  
Redemption of bank owned life insurance 7,319  
Purchase of bank owned life insurance (1,551) (4,500)
Calls, maturities and principal reductions on securities available-for-sale 99,465 98,661
Purchases of securities available-for-sale (96,953) (127,003)
Loans made to customers, net of repayment 24,248 (23,755)
Proceeds from sales of other real estate owned 3,210 3,285
Net change in federal funds sold (44,048) 5,104
Additions to premises and equipment (7,318) (374)
NET CASH FROM INVESTING ACTIVITIES (5,741) (45,214)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net change in deposits (15,945) 23,857
Net change in short-term borrowings (56,025) 6,531
Dividends paid (12,425) (12,231)
Repayments on other borrowings (20,090) (1,583)
NET CASH FROM FINANCING ACTIVITIES (104,485) 16,574
NET CHANGE IN CASH AND CASH EQUIVALENTS (70,642) (1,265)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 134,280 58,511
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 63,638 $ 57,246