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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 $ 29,636 $ 20,648
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 2,680 3,911
Depreciation of premises and equipment 2,982 2,754
Amortization, net 5,098 5,573
Increase in accrued interest receivable (206) (655)
Decrease in other assets 220 5,178
Origination of loans held-for-sale (105,844) (122,826)
Proceeds from sales of loans held-for-sale 101,976 122,934
Gain on mortgage banking activities, net (1,837) (1,930)
Gain on sale of securities, net (943) (2,550)
Stock-based compensation expense 2,242 1,646
Excess tax benefits from share-based payment arrangements (478) (112)
Increase in accrued interest payable 1,543 1,573
Decrease in other liabilities (788) (5,351)
Loss (gain) on sale of assets acquired through foreclosure and valuation adjustments, net 56 (190)
Deferred income tax (benefit) expense (5,722) 1,664
Increase in value of bank-owned life insurance (282) (88)
Increase in capitalized interest for reverse mortgages, net (2,785) (520)
Net cash provided by operating activities 27,548 31,659
Investing activities:    
Maturities and Calls of investment securities 2,305 310
Sale of investment securities available-for-sale 141,439 220,331
Purchase of investment securities available-for-sale (168,454) (213,302)
Repayments of investment securities available-for-sale 27,177 44,422
Repayments on reverse mortgages 8,235  
Disbursements for reverse mortgages (665) (35)
Net increase in loans (93,558) (82,146)
Net increase in stock of Federal Home Loan Bank of Pittsburgh (1,718) (8,167)
Sales of assets acquired through foreclosure, net 3,222 4,178
Investment in premises and equipment, net (1,388) (1,505)
Net cash (used for) provided by investing activities (83,405) (35,914)
Financing activities:    
Net decrease in demand and saving deposits (65,036) (122,920)
Decrease in time deposits (6,635) (92,226)
Increase in brokered deposits 31,732 2,117
Increase in loan payable 40  
Repayment of reverse mortgage trust bonds payable (21,990)  
Receipts from FHLB advances 57,176,960 11,058,000
Repayments of FHLB advances (57,056,651) (11,069,000)
Receipts from federal funds purchased and securities sold under agreement to repurchase 12,259,350 21,576,204
Repayments of federal funds purchased and securities sold under agreement to repurchase (12,270,350) (21,288,714)
Dividends paid (2,141) (3,425)
Issuance of common stock and exercise of common stock options 863 739
Redemption of preferred stock   (19,997)
Excess tax benefits from share-based payment arrangements 478 112
Net cash provided by (used for) financing activities 46,620 40,890
Increase (decrease) in cash and cash equivalents (9,237) 36,635
Cash and cash equivalents at beginning of period 484,426 500,887
Cash and cash equivalents at end of period 475,189 537,522
Supplemental Disclosure of Cash Flow Information:    
Cash paid for interest during the period 6,134 6,264
Cash paid for income taxes, net 12,231 9,607
Loans transferred to assets acquired through foreclosure 3,196 6,475
Loans transferred to portfolio from HFS 2,169  
Other comprehensive income (loss) 18,299 (25,724)
Non-Cash Goodwill Adjustment, Net $ 135