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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Operating Activities    
Net income $ 17,442 $ 19,445
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization and accretion 1,412 810
Provision for loan losses 3,625 2,372
Depreciation of premises and equipment 2,195 2,276
Deferred income tax expense (benefit) 263 (1,271)
Accretion of gain from sale of interest rate floors   (295)
Net periodic employee benefit cost 262 192
Net realized investment securities (gains) (497) (3,128)
Stock-compensation expense 657 665
Increase in value of bank-owned life insurance (1,462) (1,503)
Proceeds from bank-owned life insurance   (14)
Change in accrued interest receivable 454 (440)
Change in other assets 545 3,051
Change in other liabilities (1,647) 3,222
Net Cash Provided by Operating Activities 23,249 25,410
Investing Activities    
Proceeds from sale of money market and mutual fund securities available-for-sale   471,831
Purchases of money market and mutual fund securities available-for-sale   (525,502)
Proceeds from sales of securities available-for-sale 15,642 56,101
Proceeds from maturities and calls of securities available-for-sale 51,167 64,844
Proceeds from maturities and calls of securities held-to-maturity 4,158  
Purchases of securities available-for-sale (66,560) (74,287)
Net (increase) in loans (23,152) (34,123)
Purchases of premises and equipment (4,944) (2,149)
Acquisition of Virginia Savings Bancorp, net of cash acquired of $25,060 20,389  
Net Cash Used in Investing Activities (3,300) (43,285)
Financing Activities    
Net increase in noninterest-bearing deposits 40,841 15,568
Net increase in interest-bearing deposits 10,580 47,678
Net (decrease) increase in short-term borrowings (65,976) 14,489
Purchases of treasury stock (7,915) (15,085)
Proceeds from exercise of stock options 488 153
Dividends paid (10,326) (10,462)
Net Cash (Used in) Provided by Financing Activities (32,308) 52,341
(Decrease) increase in Cash and Cash Equivalents (12,359) 34,466
Cash and cash equivalents at beginning of period 146,399 66,379
Cash and Cash Equivalents at End of Period $ 134,040 $ 100,845