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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:        
Net income $ 11,503 $ 9,797 $ 22,513 $ 19,095
Adjustments to reconcile net income to net cash provided by operating activities:        
Provision for loan losses 100 450 100 750
Depreciation of premises and equipment     1,715 1,564
Net amortization of premium and discount     777 373
Amortization of intangibles 156 164 311 328
Share-based compensation     1,156 961
Income from bank-owned life insurance (492) (441) (982) (886)
Net gain on sale of business line 0 0 0 (6,265)
Net gains on loan sales and commissions on loans originated for others (2,748) (1,707) (5,333) (2,946)
Equity in earnings (losses) of unconsolidated subsidiaries 69 107 155 150
Proceeds from sales of loans     244,302 111,075
Loans originated for sale     (232,179) (119,373)
Decrease (increase) in other assets     627 (1,012)
Decrease in other liabilities     (4,288) (2,898)
Net cash provided by operating activities     28,874 916
Cash flows from investing activities:        
Purchases of mortgage-backed securities available for sale     0 9,987
Purchases of other investment securities available for sale     30,228 0
Proceeds from sale of other investment securities available for sale     0 547
Maturities and principal payments of mortgage-backed securities available for sale     26,274 51,724
Maturities and principal payments of other investment securities available for sale     8,162 26,507
Maturities and principal payments of mortgage-backed securities held to maturity     2,573 1,977
Net proceeds from sale of business line     0 7,205
Net increase in loans     (66,792) (112,951)
Purchases of loans, including purchased interest     (2,160) (6,088)
Proceeds from the sale of property acquired through foreclosure or repossession     240 671
Purchases of premises and equipment (1,118) (1,390) (2,344) (2,681)
Net cash used in investing activities     (64,275) (43,076)
Cash flows from financing activities:        
Net (decrease) increase in deposits     (15,699) 80,776
Proceeds from Federal Home Loan Bank advances     323,000 234,000
Repayment of Federal Home Loan Bank advances     (257,976) (200,026)
Proceeds from the exercise of stock options and issuance of other compensation-related equity instruments     586 376
Tax benefit from stock option exercises and issuance of other compensation-related equity instruments     467 391
Cash dividends paid     (11,234) (9,485)
Net cash provided by financing activities     39,144 106,032
Net increase in cash and cash equivalents     3,743 63,872
Cash and cash equivalents at beginning of period     80,350 85,317
Cash and cash equivalents at end of period 84,093 149,189 84,093 149,189
Noncash Investing and Financing Activities:        
Loans charged off $ 355 $ 267 676 1,490
Loans transferred to property acquired through foreclosure or repossession     491 1,016
Supplemental Disclosures:        
Interest payments     11,175 10,440
Income tax payments     $ 9,665 $ 7,965