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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating activities    
Net income $ 38,800 $ 37,447
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for loan losses 10,878 7,540
Depreciation and amortization of premises and equipment 4,511 4,277
Net accretion on securities 1,816 1,157
Amortization of intangible assets 2,024 2,471
Stock based compensation 2,286 2,676
Bank owned life insurance income (2,562) (2,487)
Purchases of trading securities (270) (649)
Losses (gains) on trading securities 56 (26)
Proceeds from sales of loans held for sale 44,598 24,743
Originations and purchases of loans held for sale (47,298) (26,051)
Net gains on sales of loans held for sale (227) (103)
Net security gains (30) (40)
Net gain on sales of other real estate owned (528) (1,079)
Net (increase) decrease in other assets (6,890) 11,647
Net increase (decrease) in other liabilities 2,892 (6,152)
Net cash provided by operating activities 50,056 55,371
Securities available for sale:    
Proceeds from maturities, calls, and principal paydowns 161,017 125,278
Purchases (238,610) (242,304)
Securities held to maturity:    
Proceeds from maturities, calls, and principal paydowns 41,440 42,950
Purchases (70,065) (41,448)
Other:    
Net increase in loans (164,269) (185,349)
Proceeds from FHLB stock redemption 64,194 19,085
Purchases of Federal Reserve and FHLB stock (72,781) (25,118)
Proceeds from settlement of bank owned life insurance 1,457 1,497
Purchase of bank owned life insurance (45,000) 0
Purchases of premises and equipment (2,083) (2,671)
Proceeds from the sales of other real estate owned 4,583 2,597
Net cash used in investing activities (320,117) (305,483)
Financing activities    
Net increase in deposits 135,573 71,874
Net increase in short-term borrowings 223,943 195,190
Repayments of long-term debt (20,141) (240)
Proceeds from the issuance of shares to employee benefit plans and other stock plans (1,857) 492
Purchase of treasury stock (17,193) (10,672)
Cash dividends (18,958) (18,957)
Net cash provided by financing activities 301,367 237,687
Net increase (decrease) in cash and cash equivalents 31,306 (12,425)
Cash and cash equivalents at beginning of period 140,297 146,636
Cash and cash equivalents at end of period 171,603 134,211
Cash paid during the period for:    
Interest 10,926 10,628
Income taxes paid 20,809 9,027
Noncash investing activities:    
Loans transferred to other real estate owned $ 1,608 $ 2,203