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Consolidated Condensed Statements of Cash Flows (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash Flows From Operating Activities    
Net Income $ 14,411 $ 12,972
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for loan and lease losses and losses on covered loans 4,029 28,500
Stock-based compensation expense 763 705
Depreciation, amortization and accretion 6,900 6,084
Net realized gain on FDIC assisted bank acquisitions 0 (9,818)
Net realized gain on sale of securities 0 (58)
Net realized gain on sale of other assets (3) (14)
Net realized gain on sale of other real estate owned (5,455) (1,644)
Gain on termination of cash flow hedging instruments (222) (1,128)
Write-down on other real estate owned 4,559 1,793
Deferred income tax benefit 0 142
Net change in:    
FDIC loss-sharing asset, net of cash received 20,139 (16,340)
Loans held for sale 99 0
Interest receivable (1,940) 469
Interest payable (1) (459)
Other assets 1,287 5,651
Other liabilities (2,045) 11,327
Net cash provided by operating activities 42,521 38,182
Cash Flows From Investing Activities    
Loans originated and acquired, net of principal collected (27,829) 97,279
Purchases of securities available for sale (269,966) (64,054)
Purchases of premises and equipment (2,388) (1,054)
Proceeds from FDIC reimbursement on loss-sharing asset 44,892 0
Proceeds from sales of securities available for sale 0 69,328
Proceeds from principal repayments and maturities of securities available for sale 60,247 42,790
Proceeds from disposal of premises and equipment 20 60
Proceeds from sales of covered other real estate owned 11,081 9,347
Proceeds from sales of other real estate and other personal property owned 7,874 3,190
Capital improvements on other real estate properties (468) (579)
Decrease in Small Business Administration secured borrowings (642) 0
Net cash acquired in business combinations 39,010 145,534
Net cash (used in) provided by investing activities (138,169) 301,841
Cash Flows From Financing Activities    
Net increase in deposits (134,906) (345,080)
Proceeds from issuance of common stock 0 229,129
Proceeds from exercise of stock options 410 509
Proceeds from Federal Home Loan Bank Advances 100 0
Proceeds from Federal Reserve Bank borrowings 100 0
Repayment of Federal Home Loan Bank advances (11,401) (30,197)
Repayment of Federal Reserve Bank borrowings (100) 0
Payment of preferred stock dividends 0 (1,922)
Payment of common stock dividends (3,154) (675)
Payments for Repurchase of Common Stock (32) 0
Net decrease in other borrowings 0 87
Net cash provided by (used in) financing activities (148,983) (148,149)
(Decrease) Increase in cash and cash equivalents (244,631) 191,874
Cash and cash equivalents at beginning of period 514,130 305,074
Cash and cash equivalents at end of period 269,499 496,948
Supplemental Information:    
Cash paid for interest 8,097 11,888
Non-cash investing activities    
Assets acquired in FDIC assisted acquisitions (excluding cash and cash equivalents) 257,104 1,075,166
Liabilities assumed in FDIC assisted acquisitions 296,114 1,210,882
Loans transferred to other real estate owned $ 8,240 $ 15,019