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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net income $ 14,365 $ 10,470
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 2,700 3,000
Depreciation of premises and equipment 1,540 1,540
Foreclosed and repossessed property valuation adjustments 392 50
Net gain on sale of premises (203) 0
Net amortization of premium and discount 664 207
Net amortization of intangibles 475 581
Share based compensation 680 395
Earnings from bank-owned life insurance (958) (913)
Net gains on loan sales and commissions on loans originated for others (1,062) (878)
Net realized gains on securities (197) 0
Net impairment losses recognized in earnings 33 417
Net (gains) losses on interest rate swap contracts (41) 53
Equity in losses of unconsolidated subsidiaries 289 102
Proceeds from sales of loans 52,714 59,487
Loans originated for sale (46,587) (57,518)
Decrease in other assets 2,291 2,279
Decrease in other liabilities (5,888) (3,140)
Net cash provided by operating activities 21,207 16,132
Cash flows from investing activities :    
Purchases of: Mortgage-backed securities available for sale (90,855) (44,479)
Purchases of: Other investment securities available for sale 0 (15,000)
Proceeds from sale of: Mortgage-backed securities available for sale 42,783 0
Proceeds from sale of: Other investment securities available for sale 1,000 711
Maturities and principal payments of mortgage-backed securities available for sale 54,494 82,301
Net increase in loans (60,274) (54,553)
Purchases of loans, including purchased interest (3,116) (558)
Proceeds from the sale of property acquired through foreclosure or repossession 1,675 219
Purchases of premises and equipment (1,239) (1,266)
Purchases of bank-owned life insurance 0 (5,000)
Net proceeds from the sale of premises 1,279 0
Equity investments in real estate limited partnerships (294) (414)
Net cash used in investing activities (54,547) (38,039)
Cash flows from financing activities:    
Net (decrease) increase in deposits (40,287) 26,895
Net decrease in other borrowings (1,354) (587)
Proceeds from Federal Home Loan Bank advances 248,078 164,500
Repayment of Federal Home Loan Bank advances (188,360) (156,679)
Issuance of treasury stock, including deferred compensation plan activity 0 44
Net proceeds from the issuance of common stock under dividend reinvestment plan 484 517
Net proceeds from the exercise of stock options and issuance of other compensation-related equity instruments 725 558
Tax benefit from stock option exercises and issuance of other compensation-related equity instruments 68 47
Cash dividends paid (7,005) (6,759)
Net cash provided by financing activities 12,349 28,536
Net (decrease) increase in cash and cash equivalents (20,991) 6,629
Cash and cash equivalents at beginning of period 92,736 57,260
Cash and cash equivalents at end of period 71,745 63,889
Noncash Investing and Financing Activities:    
Loans charged off 2,096 2,538
Net transfers from loans to property acquired through foreclosure or repossession 801 630
Supplemental Disclosures:    
Interest payments 18,710 24,148
Income tax payments $ 5,836 $ 4,513