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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating activities      
Net income $ 82,151 $ 78,409 $ 76,425
Adjustments to reconcile net income to net cash provided by operating activities      
Provision for loan losses 30,988 25,431 18,285
Depreciation and amortization of premises and equipment 9,056 9,023 8,646
Net accretion on securities 4,786 5,278 2,554
Amortization of intangible assets 3,960 3,928 4,864
Excess tax benefit on stock-based compensation 1,769 1,055 (43)
Stock-based compensation expense 3,644 4,378 4,086
Bank owned life insurance income (5,175) (5,195) (4,334)
Trading security purchases (1,586) (287) (810)
Net unrealized (gains) losses in trading securities (623) (594) 226
Proceeds from sales of loans held for sale 111,284 96,603 72,498
Originations and purchases of loans held for sale (111,206) (96,692) (69,677)
Net gains on sales of loans held for sale (349) (499) (239)
Net security (gains) losses (1,867) 644 (3,087)
Net (gains) on sales and write-down of other real estate owned (221) (687) (1,337)
(Gain) on sale of equity investment (818) 0 (4,179)
Impairment write-down of equity security 1,312 0 0
Impairment write-down of goodwill and intangible assets 1,530 2,565 0
(Gain) on asset sold 0 (2,462) 0
Re-evaluation of deferred tax amounts from Tax Act 4,407 0 0
Net decrease in other assets 28 364 15,386
Net increase (decrease) in other liabilities 3,834 (10,697) 5,236
Net cash provided by operating activities 136,904 110,565 124,500
Investing activities      
Net cash (used in) acquisitions (4,000) (2,000) (3,100)
Securities available for sale:      
Proceeds from maturities, calls and principal paydowns 290,613 324,781 299,302
Proceeds from sales 14,788 98,466 15,091
Purchases (233,804) (597,428) (481,262)
Securities held to maturity:      
Proceeds from maturities, calls, and principal paydowns 103,759 100,893 79,212
Proceeds from sales 764 0 0
Purchases (60,706) (157,418) (95,272)
Other:      
Net increase in loans (419,114) (344,448) (315,363)
Proceeds from Federal Home Loan Bank stock redemption 248,887 158,818 60,852
Purchases of Federal Reserve Bank and Federal Home Loan Bank stock (248,560) (169,178) (64,899)
Proceeds from settlement of bank owned life insurance 799 1,477 1,541
Purchase of bank owned life insurance 0 (47,250) 0
Purchases of premises and equipment, net (6,691) (3,308) (8,193)
Proceeds from sale of equity investment 818 0 4,179
Proceeds from sales of other real estate owned 7,254 6,635 3,908
Net cash provided by (used in) investing activities (305,193) (629,960) (504,004)
Financing activities      
Net increase in deposits 196,948 368,845 305,238
Net increase in short-term borrowings 37,419 239,222 125,679
Proceeds from issuance of long-term debt 25,000 23,880 0
Repayments of long-term debt (40,218) (50,240) (498)
Proceeds from the issuance of shares to employee benefit plans and other stock plans 3,309 6,032 9,356
Cash paid by employer for tax-withholding on stock issuance (3,582) (3,387) (1,664)
Purchase of treasury stock 0 (17,193) (26,797)
Cash dividends (40,104) (38,880) (38,149)
Net cash provided by (used in) financing activities 178,772 528,279 373,165
Net increase (decrease) in cash and cash equivalents 10,483 8,884 (6,339)
Cash and cash equivalents at beginning of year 149,181 140,297 146,636
Cash and cash equivalents at end of year 159,664 149,181 140,297
Cash paid during the year for:      
Interest expense 25,887 22,466 20,908
Income taxes paid, net of refund 33,675 40,879 28,684
Noncash investing activities:      
Loans transferred to other real estate owned 5,981 6,863 3,293
Acquisitions:      
Fair value of assets acquired $ 3,096 $ 2,584 $ 1,756