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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Operating activities:    
Net income $ 34,146 $ 30,164
Depreciation 5,659 4,941
Amortization of intangible assets 2,090 3,708
Net amortization (accretion) of premiums & discounts on securities, loans and borrowings (1,431) 1,528
Stock-based compensation 2,292 2,001
Provision for loan losses 2,100 3,870
Amortization of mortgage servicing rights 446 382
Income on bank-owned life insurance policies (374) (280)
Gain on investment securities and debt extinguishments, net (14) 0
Net gain on sale of loans and other assets (524) (246)
Net change in loans held for sale 3,538 1,005
Change in other assets and liabilities 2,464 (1,466)
Net cash provided by operating activities 50,392 45,607
Investing activities:    
Proceeds from sales of available-for-sale investment securities 10,795 0
Proceeds from maturities of held-to-maturity investment securities 18,627 42,857
Proceeds from maturities of available-for-sale investment securities 103,299 95,573
Purchases of held-to-maturity investment securities (5,354) (319,772)
Purchases of available-for-sale investment securities (147,898) (71,014)
Sales of other securities 1,195 1,060
Purchases of other securities (2) (8)
Net decrease in loans 10,916 5,158
Cash received from acquisition, net of cash paid of $20,643 and $0 6,258 0
Capital expenditures (4,235) (6,676)
Net cash used in investing activities (6,399) (252,822)
Financing activities:    
Net increase in deposits 51,503 15,489
Net decrease in borrowings (19,779) (25,222)
Issuance of common stock 1,852 3,063
Cash dividends paid (15,997) (14,479)
Excess tax benefits from stock-based compensation 284 455
Net cash provided by (used in) financing activities 17,863 (20,694)
Change in cash and cash equivalents 61,856 (227,909)
Cash and cash equivalents at beginning of period 211,837 361,876
Cash and cash equivalents at end of period 273,693 133,967
Supplemental disclosures of cash flow information:    
Cash paid for interest 30,134 34,870
Cash paid for income taxes 9,689 0
Supplemental disclosures of noncash financing and investing activities:    
Dividends declared and unpaid 8,831 7,955
Transfers from loans to other real estate 3,405 1,816
Acquisitions:    
Fair value of assets acquired, excluding acquired cash and intangibles 814,144 0
Fair value of liabilities assumed $ 791,222 $ 0