XML 42 R8.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Statements Of Cash Flows - Equity Component [Domain] - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating Activities    
Net income $ 29,975 $ 26,560
Adjustments to reconcile net income to net cash provided by operating activities:    
Accretion and amortization (2,976) (2,599)
Provision for loan losses 3,724 1,798
Depreciation of premises and equipment 3,027 3,011
Deferred income tax expense 4,549 2,615
Pension Expense 413 286
Realized investment securities gains (2,130) (901)
Stock-compensation expense 1,060 889
Increase in value of bank-owned life insurance (1,547) (1,520)
Loans originated for sale (9,191) (2,454)
Proceeds from the sale of loans originated for sale 9,327 3,129
Gain on sale of loans (167) (84)
Gain on sale of insurance division (11,084) 0
Change in accrued interest receivable (1,012) (861)
Change in other assets 5,703 (5,986)
Change in other liabilities (19,307) (9,919)
Net Cash Provided by Operating Activities 10,364 13,964
Investing Activities    
Proceeds from sales of securities available-for-sale 290 1,660
Proceeds from maturities and calls of securities available-for-sale 33,323 26,237
Proceeds from maturities and calls of securities held-to-maturity 7,648 1,254
Purchases of securities available-for-sale (67,911) (13,530)
Purchases of securities held-to-maturity 0 (10,226)
Net (increase) decrease in loans (31,705) 29,225
Purchases of premises and equipment (978) (664)
Proceeds from Divestiture of Businesses 15,250 0
Net Cash (Used In) Provided by Investing Activities (44,083) 33,956
Financing Activities    
Net increase in noninterest-bearing deposits 18,250 7,163
Net increase (decrease) in interest-bearing deposits 11,985 (5,638)
Net increase (decrease) in short-term borrowings 18,240 (4,656)
Purchases of treasury stock 0 (8,363)
Proceeds from exercise of stock options, net of tax benefit 996 553
Proceeds from Warrant Exercises 1,896 0
Dividends paid (12,452) (12,115)
Net Cash Provided by (Used in) Financing Activities 38,915 (23,056)
Increase in Cash and Cash Equivalents 5,196 24,864
Cash and cash equivalents at beginning of period 148,228 85,876
Cash and Cash Equivalents at End of Period $ 153,424 $ 110,740