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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating Activities    
Net income $ 12,031 $ 11,993
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 1,136 1,369
Depreciation and amortization expense 1,459 1,590
Investment securities amortization and accretion, net 831 1,209
Stock-based compensation expense 431 159
Amortization of intangible assets 574 574
Net gain on sale of investment securities (451) (138)
Net increase in other real estate owned valuation allowance and loss on disposition 43 31
Originations of mortgage loans held for sale (399) (22,641)
Proceeds from the sale of mortgage loans 416 20,467
Gain on sale of mortgage loans (17) (652)
Decrease in trading assets 82 19
(Increase) decrease in other assets (1,840) 2,939
Increase (decrease) in other liabilities 271 (3,456)
Net cash provided by operating activities 14,567 13,463
Investing Activities    
Proceeds from sales and maturities of available-for-sale securities 75,517 75,669
Purchase of available-for-sale securities (29,036) (108,954)
Purchase of held-to-maturity securities (9,847) 0
Net increase in loans (118,348) (40,340)
Purchase of Federal Home Loan Bank stock (706) 0
Proceeds from sale of Federal Home Loan Bank and Federal Reserve Bank stock 51 1,310
Proceeds from the sale of other real estate owned 890 103
Recoveries of previously charged-off loans 383 325
Cash settlement in Branch Acquisition 0 (3,278)
Purchase of premises and equipment (494) (586)
Net cash used by investing activities (81,590) (75,751)
Financing Activities    
Net increase (decrease) in deposits 43,725 (35,382)
Repayments on Federal Home Loan Bank long-term advances (36) (257)
Net increase in other borrowed funds 34,832 88,428
Common stock repurchased (7,475) 0
Exercise of stock options and issuance of restricted stock, net of repurchase for tax withholdings and tax benefit 152 83
Cash dividends paid on common stock (4,065) (3,978)
Net cash provided by financing activities 67,133 48,894
Net increase (decrease) in cash and cash equivalents 110 (13,394)
Cash and cash equivalents at beginning of year 51,355 58,290
Cash and cash equivalents at end of period 51,465 44,896
Supplemental information    
Interest paid 6,075 6,765
Income taxes paid 3,720 5,400
Transfer from loans to other real estate owned $ 955 $ 976