XML 132 R117.htm IDEA: XBRL DOCUMENT v3.3.1.900
PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION (Details 3) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:                      
Net income                 $ 21,111 $ 13,763 $ 13,093
Adjustments to reconcile net income to net cash (used in) operating activities:                      
Decrease (increase) in other assets                 6,815 (5,783) 1,366
Increase (decrease) in other liabilities                 10,799 (1,417) 3,483
Net cash used in operating activities                 31,526 25,811 25,029
Cash flows from investing activities:                      
Cash in lieu of fractional shares for business acquisition                 24,628 2,926  
Net cash used in investing activities                 (451,572) (170,548) (301,175)
Cash flows from financing activities:                      
Net proceeds from issuance of subordinated debentures                 78,324    
Repayment of acquired unsecured debt                   1,450  
Net proceeds from issuance of common stock                 779 631 46,237
Net proceeds from exercise of stock options                 80 7 4
Repurchase of surrendered stock from exercise of stock options and vesting of restricted stock awards                 (228) (173) (291)
Excess tax benefit from share based compensation                 50 36 21
Cash dividends paid                 (13,415) (10,657) (6,754)
Other, net                 (303) (192)  
Net cash provided by financing activities                 472,874 150,894 270,470
Net increase (decrease) in cash and cash equivalents                 52,828 6,157 (5,676)
Cash and cash equivalents at beginning of period       $ 51,730       $ 45,573 51,730 45,573 51,249
Cash and cash equivalents at end of period $ 104,558       $ 51,730       104,558 51,730 45,573
Parent Company                      
Cash flows from operating activities:                      
Net income 7,995 $ 7,890 $ 463 4,763 4,168 $ 4,871 $ 4,318 406 21,111 13,763 13,093
Adjustments to reconcile net income to net cash (used in) operating activities:                      
Equity in undistributed earnings of the Bank                 (12,877) (14,751) (14,044)
Amortization                 44 5 5
Decrease (increase) in other assets                 72 76 (105)
Increase (decrease) in other liabilities                 1,228 (48) (5)
Net cash used in operating activities                 9,578 (955) (1,056)
Cash flows from investing activities:                      
Investment in the Bank                 (50,000) (24,000) (6,000)
Cash in lieu of fractional shares for business acquisition                   (1)  
Net cash used in investing activities                 (50,000) (24,001) (6,000)
Cash flows from financing activities:                      
Net proceeds from issuance of subordinated debentures                 78,324    
Repayment of acquired unsecured debt                   (1,450)  
Net proceeds from issuance of common stock                 779 631 46,237
Net proceeds from exercise of stock options                 80 7 4
Repurchase of surrendered stock from exercise of stock options and vesting of restricted stock awards                 (228) (173) (291)
Excess tax benefit from share based compensation                 50 36 21
Cash dividends paid                 (13,415) (10,657) (6,754)
Other, net                 (303) (192)  
Net cash provided by financing activities                 65,287 (11,798) 39,217
Net increase (decrease) in cash and cash equivalents                 24,865 (36,754) 32,161
Cash and cash equivalents at beginning of period       $ 610       $ 37,364 610 37,364 5,203
Cash and cash equivalents at end of period $ 25,475       $ 610       $ 25,475 $ 610 $ 37,364