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Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash Flows From Operating Activities    
Net Income $ 46,307,000 $ 41,071,000
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for loan and lease losses 3,411,000 4,039,000
Stock-based compensation expense 1,836,000 1,224,000
Depreciation, amortization and accretion 14,630,000 17,057,000
Net realized gain on sale of securities 1,064,000 519,000
Net realized gain on sale of other assets (289,000) 453,000
Net realized (gain) loss on sale of other real estate owned (2,992,000) (2,972,000)
Write-down on other real estate owned 793,000 2,554,000
Net change in:    
Loans held for sale (3,104,000) (15,000)
Interest receivable 319,000 23,000
Interest payable (105,000) (20,000)
Other assets 1,579,000 3,062,000
Other liabilities 3,292,000 (2,589,000)
Net cash provided by operating activities 64,613,000 63,368,000
Cash Flows From Investing Activities    
Payments for (Proceeds from) Loans and Leases (175,260,000) (201,162,000)
Purchases of securities available for sale (37,070,000) (22,804,000)
Purchases of premises and equipment (4,805,000) (8,383,000)
Payments to Acquire Federal Home Loan Bank Stock (1,440,000) 0
Proceeds from FDIC reimbursement on loss-sharing asset 4,009,000 3,982,000
Proceeds from sales of securities available for sale 72,166,000 30,704,000
Proceeds from principal repayments and maturities of securities available for sale 135,102,000 83,788,000
Proceeds from Sales of Assets, Investing Activities 30,871,000 1,095,000
Proceeds from sales of other real estate and other personal property owned [1] 11,553,000 15,932,000
Payment to FDIC Related to Loss-Sharing Asset (487,000) (2,217,000)
Net cash provided by (used in) investing activities 34,639,000 (99,065,000)
Cash Flows From Financing Activities    
Net increase (decrease) in deposits 119,651,000 25,594,000
Increase (Decrease) in Federal Funds Purchased and Securities Sold under Agreements to Repurchase, Net (12,850,000) 0
Proceeds from Federal Home Loan Bank advances 1,319,000,000 1,168,000,000
Proceeds from Federal Reserve Bank borrowings 1,010,000 50,000
Proceeds from exercise of stock options 519,000 425,000
Repayment of Federal Home Loan Bank advances (1,490,000,000) (1,094,000,000)
Repayment of Federal Reserve Bank borrowings (1,010,000) (50,000)
Payment of common stock dividends (36,851,000) (18,783,000)
Payments of Ordinary Dividends, Preferred Stock and Preference Stock (66,000) (37,000)
Repayments of Subordinated Debt 8,248,000 0
Purchase and retirement of common stock 874,000 601,000
Net cash used by financing activities (109,719,000) 80,598,000
Increase (Decrease) in cash and cash equivalents (10,467,000) 44,901,000
Cash and cash equivalents at beginning of period 188,170,000 179,561,000
Cash and cash equivalents at end of period 177,703,000 224,462,000
Supplemental Information:    
Cash paid for interest 2,188,000 1,968,000
Cash paid for income tax 7,281,000 8,200,000
Non-cash investing and financing activities    
Loans transferred to other real estate owned $ 7,836,000 $ 7,841,000
[1] Reclassified to conform to the current period’s presentation. The reclassification was limited to removing the separate line item for “Sales of covered other real estate owned” and including the prior period activity in the line item for sales of other real estate and other personal property owned.