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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash Flows from Operating Activities:  
Net income$ 21,947$ 16,840
Adjustments to reconcile net income to net cash provided by operating activities:  
Provision for loan losses3,7004,500
Depreciation of premises and equipment2,3252,316
Foreclosed and repossessed property valuation adjustments392221
Net gain on sale of premises(208)0
Net amortization of premium and discount1,149384
Net amortization of intangibles705854
Share-based compensation1,037666
Income from bank-owned life insurance(1,446)(1,399)
Net gains on loan sales and commissions on loans originated for others(2,139)(1,889)
Net realized gains on securities(197)(737)
Net impairment losses recognized in earnings191417
Net losses on interest rate swap contracts6113
Equity in losses of unconsolidated subsidiaries433197
Proceeds from sales of loans94,803114,423
Loans originated for sale(101,795)(123,680)
Decrease in other assets877777
Decrease in other liabilities(3,328)(1,148)
Net cash provided by operating activities18,45212,855
Cash Flows from Investing Activities:  
Purchases of: Mortgage-backed securities available for sale(94,352)(65,423)
Purchases of: Other investment securities available for sale(5,000)(15,609)
Purchases of: Mortgage-backed securities held to maturity(11,954)0
Proceeds from sale of: Mortgage-backed securities available for sale42,78364,052
Proceeds from sale of: Other investment securities available for sale2,9409,851
Maturities and principal payments of: Mortgage-backed securities available for sale81,613116,017
Maturities and principal payments of: Other investment securities available for sale35512,000
Maturities and principal payments of: Mortgage-backed securities held to maturity1060
Net increase in loans(88,373)(93,626)
Purchases of loans, including purchased interest(5,985)(1,429)
Proceeds from the sale of property acquired through foreclosure or repossession2,133598
Purchases of premises and equipment(2,237)(1,421)
Purchases of bank-owned life insurance0(5,000)
Net proceeds from the sale of premises1,2790
Equity investments in real estate limited partnerships(449)(881)
Net cash (used in) provided by investing activities(77,141)19,129
Cash Flows from Financing Activities:  
Net increase in deposits49,820133,744
Net (decrease) increase in other borrowings(2,401)423
Proceeds from Federal Home Loan Bank advances333,975184,540
Repayment of Federal Home Loan Bank advances(338,599)(311,507)
Issuance of treasury stock, including deferred compensation plan activity044
Net proceeds from the issuance of common stock under dividend reinvestment plan754762
Net proceeds from the exercise of stock options and issuance of other compensation-related equity instruments725531
Tax benefit from stock option exercises and issuance of other compensation-related equity instruments6841
Cash dividends paid(10,603)(10,162)
Net cash provided by (used in) financing activities33,739(1,584)
Net (decrease) increase in cash and cash equivalents(24,950)30,400
Cash and cash equivalents at beginning of period92,73657,260
Cash and cash equivalents at end of period67,78687,660
Noncash Investing and Financing Activities:  
Loan charged off2,9144,006
Net transfers from loans to property acquired through foreclosure or repossession1,2511,555
Supplemental Disclosures:  
Interest payments26,94134,229
Income tax payments$ 9,799$ 8,143