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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating activities:  
Net income$ 54,154$ 47,426
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation8,6087,447
Amortization of intangible assets3,2514,985
Net (accretion) amortization of premiums & discounts on securities, loans and borrowings(1,356)1,957
Stock-based compensation3,0382,767
Provision for loan losses3,1435,270
Amortization of mortgage servicing rights667574
Income on bank-owned life insurance policies(581)(356)
Gain on investment securities and debt extinguishments, net(8)0
Net gain on sale of loans and other assets(281)(46)
Net change in loans held for sale4,4101,011
Change in other assets and liabilities5,556495
Net cash provided by operating activities80,60071,530
Investing activities:  
Proceeds from sales of available-for-sale investment securities13,3710
Proceeds from maturities of held-to-maturity investment securities54,15260,039
Proceeds from maturities of available-for-sale investment securities151,997116,889
Purchases of held-to-maturity investment securities(7,424)(323,745)
Purchases of available-for-sale investment securities(176,188)(109,227)
Sales of other securities1,1971,061
Purchases of other securities(3,075)(5)
Net decrease in loans9,03814,519
Cash received from acquisition, net of cash paid of $20,704 and $06,1970
Purchases of premises and equipment(6,895)(11,497)
Net cash provided by (used in) investing activities42,370(251,966)
Financing activities:  
Net increase in deposits133,15441,849
Net decrease in borrowings(19,884)(25,271)
Issuance of common stock2,2733,388
Cash dividends paid(24,828)(22,434)
Excess tax benefits from stock-based compensation355584
Net cash provided by (used in) financing activities91,070(1,884)
Change in cash and cash equivalents214,040(182,320)
Cash and cash equivalents at beginning of period211,837361,876
Cash and cash equivalents at end of period425,877179,556
Supplemental disclosures of cash flow information:  
Cash paid for interest45,97051,145
Cash paid for income taxes14,7506,050
Supplemental disclosures of noncash financing and investing activities:  
Dividends declared and unpaid9,5757,959
Transfers from loans to other real estate4,0113,639
Acquisitions:  
Fair value of assets acquired, excluding acquired cash and intangibles815,8280
Fair value of liabilities assumed$ 791,222$ 0