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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating activities      
Net income $ 78,409 $ 76,425 $ 75,074
Adjustments to reconcile net income to net cash provided by operating activities      
Provision for loan losses 25,431 18,285 19,539
Depreciation and amortization of premises and equipment 9,023 8,646 8,324
Net accretion on securities 5,278 2,554 3,216
Amortization of intangible assets 3,928 4,864 5,047
Stock based compensation 4,378 4,086 3,521
Bank owned life insurance income (5,195) (4,334) (5,349)
Trading security purchases (287) (810) (1,626)
(Gains) losses in trading securities (594) 226 (388)
Proceeds from sale of loans held for sale 96,603 72,498 7,050
Originations and purchases of loans held for sale (96,692) (69,677) (10,215)
Net gains on sales of loans held for sale (499) (239) (17)
Net security losses (gains) 644 (3,087) (92)
Net gains on sales of other real estate owned (687) (1,337) (459)
Gain on sale of equity investment 0 (4,179) (19,401)
Gain on asset sold (2,462) 0 0
Impairment write-down 2,565 0 0
Prepayment penalties on long-term debt 0 0 17,902
Net decrease (increase) in other assets 364 15,386 (19,601)
Net (decrease) increase in other liabilities (10,697) 5,236 5,286
Net cash provided by operating activities 109,510 124,543 87,811
Investing activities      
Net cash (used in) acquisitions (2,000) (3,100) 0
Securities available for sale:      
Proceeds from maturities, calls, and principal paydowns 324,781 299,302 236,133
Proceeds from sales 98,466 15,091 189
Purchases (597,428) (481,262) (197,652)
Securities held to maturity:      
Proceeds from maturities, calls, and principal paydowns 100,893 79,212 44,756
Purchases (157,418) (95,272) (49,479)
Other:      
Net increase in loans (344,448) (315,363) (212,238)
Proceeds from FHLB stock redemption 158,818 60,852 78,441
Purchases of Federal Reserve and FHLB stock (169,178) (64,899) (64,203)
Proceeds from settlement of bank owned life insurance 1,477 1,541 6,064
Purchase of bank owned life insurance (47,250) 0 0
Purchases of premises and equipment, net (3,308) (8,193) (9,003)
Proceeds from sales of equity investment 0 4,179 19,639
Proceeds from sales of other real estate owned 6,635 3,908 3,612
Net cash used in investing activities (629,960) (504,004) (143,741)
Financing activities      
Net increase in deposits 368,845 305,238 409,381
Net increase (decrease) in short-term borrowings 239,222 125,679 (139,240)
Proceeds from issuance of long-term debt 23,880 0 120,051
Repayments of long-term debt (50,240) (498) (315,831)
Proceeds from the issuance of shares to employee benefit plans and other stock plans 3,700 7,649 6,256
Purchase of treasury stock (17,193) (26,797) (72)
Cash dividends (38,880) (38,149) (36,905)
Net cash provided by financing activities 529,334 373,122 43,640
Net increase (decrease) in cash and cash equivalents 8,884 (6,339) (12,290)
Cash and cash equivalents at beginning of year 140,297 146,636 158,926
Cash and cash equivalents at end of year 149,181 140,297 146,636
Cash paid during the period for:      
Interest 22,466 20,908 23,387
Income taxes, net of refund 40,879 28,684 38,912
Noncash investing activities:      
Loans transferred to other real estate owned 6,863 3,293 4,330
Preferred stock acquired from sale of equity investment 0 0 2,762
Transfer of available for sale securities to held to maturity portfolio 0 0 332,115
Acquisitions:      
Fair value of assets acquired $ 2,584 $ 4,100 $ 0