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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net income $ 10,935 $ 11,010
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 500 0
Depreciation of premises and equipment 888 882
Net amortization of premium and discount 390 358
Amortization of intangibles 323 155
Share-based compensation 592 580
Income from bank-owned life insurance (499) (490)
Net gains on loan sales and commissions on loans originated for others (2,134) (2,585)
Net gain on sale of portfolio loans (135) 0
Equity in earnings (losses) of unconsolidated subsidiaries 88 86
Proceeds from sales of loans 96,741 117,571
Loans originated for sale (79,498) (116,502)
(Increase) decrease in other assets (11,971) 169
Increase (decrease) in other liabilities 6,872 (1,948)
Net cash provided by operating activities 23,092 9,286
Cash flows from investing activities:    
Purchases of mortgage-backed securities available for sale (31,055) 0
Purchases of other investment securities available for sale (19,995) 0
Maturities and principal payments of mortgage-backed securities available for sale 10,548 12,533
Maturities and principal payments of other investment securities available for sale 4,501 4,986
Maturities and principal payments of mortgage-backed securities held to maturity 935 1,137
Purchases of Federal Home Loan Bank Stock (2,199) 0
Net increase in loans (35,705) (20,620)
Net Proceeds from Sale of Portfolio Loans 510 0
Purchases of loans, including purchased interest (98) (856)
Purchases of premises and equipment (1,177) (1,226)
Net cash used in investing activities (73,735) (4,046)
Cash flows from financing activities:    
Net increase (decrease) in deposits (54,604) 28,325
Proceeds from Federal Home Loan Bank advances 272,500 120,000
Repayment of Federal Home Loan Bank advances (164,284) (140,305)
Proceeds from stock option exercises and issuance of other equity instruments 75 698
Tax benefit from stock option exercises and other equity instruments 25 106
Cash dividends paid (5,803) (5,381)
Net cash provided by financing activities 47,909 3,443
Net (decrease) increase in cash and cash equivalents (2,734) 8,683
Cash and cash equivalents at beginning of period 97,631 80,350
Cash and cash equivalents at end of period 94,897 89,033
Noncash Investing and Financing Activities:    
Loans charged off 1,475 321
Loans transferred to property acquired through foreclosure or repossession 610 230
Supplemental Disclosures:    
Interest payments 4,986 5,459
Income tax payments $ 706 $ 310