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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities    
Net income $ 41,638 $ 38,800
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for loan losses 14,946 10,878
Depreciation and amortization of premises and equipment 4,488 4,511
Net accretion on securities 2,430 1,816
Amortization of intangible assets 2,006 2,024
Excess tax benefit on stock-based compensation 1,526 0
Stock based compensation 2,638 2,286
Bank owned life insurance income (2,629) (2,562)
Trading securities purchases (1,293) (270)
Losses on trading securities 145 56
Proceeds from sales of loans held for sale 60,650 44,598
Originations and purchases of loans held for sale (62,163) (47,298)
Net gains on sales of loans held for sale (223) (227)
Net security (gains) (2) (30)
Net (gain) on sales of other real estate owned (704) (528)
Impairment write-down 1,312 0
Net (increase) in other assets (3,261) (6,890)
Net increase in other liabilities 4,405 2,892
Net cash provided by operating activities 65,909 50,056
Investing activities    
Net cash used in acquisitions (4,000) 0
Securities available for sale:    
Proceeds from maturities, calls and principal paydowns 136,898 161,017
Purchases (162,723) (238,610)
Securities held to maturity:    
Proceeds from maturities, calls and principal paydowns 52,883 41,440
Proceeds from sales 764 0
Purchases (41,334) (70,065)
Other:    
Net increase in loans (186,546) (164,269)
Proceeds from Federal Home Loan Bank stock redemption 112,841 64,194
Purchases of Federal Reserve and Federal Home Loan Bank stock (118,848) (72,781)
Proceeds from settlement of bank owned life insurance 0 1,457
Purchase of bank owned life insurance 0 (45,000)
Purchases of premises and equipment, net (2,604) (2,083)
Proceeds from the sales of other real estate owned 6,420 4,583
Net cash used in investing activities (206,249) (320,117)
Financing activities    
Net increase in deposits 41,596 135,573
Net increase in short-term borrowings 149,482 223,943
Repayments of long-term debt (15,129) (20,141)
Proceeds from the issuance of shares to employee benefit plans and other stock plans 2,007 986
Cash paid by employer for tax-withholding on stock issuance (2,823) (2,843)
Purchase of treasury stock 0 (17,193)
Cash dividends (20,044) (18,958)
Net cash provided by financing activities 155,089 301,367
Net increase in cash and cash equivalents 14,749 31,306
Cash and cash equivalents at beginning of period 149,181 140,297
Cash and cash equivalents at end of period 163,930 171,603
Cash paid during the period for:    
Interest 12,404 10,926
Income taxes paid 12,886 20,809
Noncash investing activities:    
Loans transferred to other real estate owned 4,882 1,608
Acquisitions:    
Fair value of assets acquired $ 3,096 $ 0