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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash Flows from Operating Activities    
Net income $ 29,064 $ 22,214
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:    
Provision (credit) for loan losses (4,000) 6,000
Provision for losses on other real estate owned 2,740 1,979
Deferred tax liability 2,356 5,425
Depreciation 1,471 1,521
Net losses/(gains) on sale and transfer of other real estate owned 712 (3,605)
Net gains on sale of loans (278)  
Proceeds from sales of loans 25,140  
Originations of loans held-for-sale (24,836)  
Increase in trading securities, net (99,930)  
Write-downs on venture capital investments 137 57
Gain on sales and calls of securities (2,215) (6,232)
Decrease in unrealized loss from interest rate swaps mark-to-market (789) (874)
Amortization/accretion of security premiums/discounts, net 1,314 1,236
Amortization of other intangible assets 1,491 1,498
Excess tax short-fall from share-based payment arrangements 565 234
Stock based compensation expense 546 463
(Decrease)/increase in deferred loan fees, net (527) 207
Decrease in accrued interest receivable 682 1,858
Decrease/(increase) in other assets, net 38,001 (7,148)
Increase in other liabilities 2,316 298
Net cash (used in)/provided by operating activities (26,040) 25,131
Cash Flows from Investing Activities    
Decrease in short-term investments 19,900 36,360
(Increase)/decrease in securities purchased under agreements to resell (50,000) 110,000
Purchase of investment securities available-for-sale (116,807) (7,768)
Proceeds from maturities and calls of investment securities available-for-sale 200,000  
Proceeds from sale of investment securities available-for-sale 30,550 217,261
Purchase of mortgage-backed securities available-for-sale (307,830) (100,496)
Proceeds from repayment and sale of mortgage-backed securities available-for-sale 143,757 356,931
Purchase of investment securities held-to-maturity   (419,460)
Proceeds from maturities and calls of investment securities held-to-maturity 67,979 26,971
Redemptions of Federal Home Loan Bank stock 2,533 2,509
Net decrease/(increase) in loans 131,822 (47,686)
Purchase of premises and equipment (905) (1,069)
Proceeds from sale of other real estate owned 10,186 16,064
Net increase in investment in affordable housing (4,902) (265)
Net cash provided by investing activities 126,283 189,352
Cash Flows from Financing Activities    
Net increase in demand deposits, NOW accounts, money market and savings deposits 88,712 62,800
Net increase in time deposits 42,005 24,839
Net decrease in federal funds purchased and securities sold under agreements to repurchase   (102,000)
Advances from Federal Home Loan Bank 260,000 286,000
Repayment of Federal Home Loan Bank borrowings (485,000) (486,000)
Dividends paid on common stock (787) (786)
Dividends paid on preferred stock (3,225) (3,225)
Proceeds from other borrowings   2,526
Repayment of other borrowings (879)  
Proceeds from shares issued under Dividend Reinvestment Plan 67 54
Proceeds from exercise of stock options 647 1,307
Excess tax short-fall from share-based payment arrangements (565) (234)
Net cash used in financing activities (99,025) (214,719)
Increase/(decrease) in cash and cash equivalents 1,218 (236)
Cash and cash equivalents, beginning of the period 117,888 87,347
Cash and cash equivalents, end of the period 119,106 87,111
Cash paid during the period:    
Interest 30,699 40,765
Income taxes (refunded)/paid (20,424) 21,600
Non-cash investing and financing activities:    
Net change in unrealized holding (loss)/gain on securities available-for-sale, net of tax 4,195 (3,571)
Transfers to other real estate owned from loans held for investment 8,338 14,035
Transfers to other real estate owned from loans held for sale   2,874
Loans transferred from held for investment to held for sale 15,986 2,388
Loans to facilitate the sale of other real estate owned   $ 4,625