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Consolidated Statements of Cash Flows (USD $)
6 Months Ended
Jun. 30, 2012
Dec. 31, 2011
Jun. 30, 2011
OPERATING ACTIVITIES      
Net income $ 12,891,000 $ 13,562,000 $ 11,812,000
Items not requiring (providing) cash      
Depreciation and amortization 2,751,000   3,052,000
Provision for loan losses 1,546,000   6,003,000
Net (accretion) amortization of investment securities (138,000)   12,000
Stock-based compensation expense 769,291   613,000
Net accretion on assets covered by FDIC loss share agreements (1,494,000)   (2,317,000)
Deferred income taxes (802,000)   (2,495,000)
Bank owned life insurance income (723,000)   (817,000)
Changes in      
Interest receivable 2,151,000   2,160,000
Mortgage loans held for sale 7,481,000   7,254,000
Assets held in trading accounts (271,000)   221,000
Other assets 2,014,000   3,318,000
Accrued interest and other liabilities 1,816,000   (1,208,000)
Income taxes payable 897,000   2,215,000
Net cash provided by operating activities 28,888,000   29,823,000
INVESTING ACTIVITIES      
Net collections of covered loans 43,343,000   31,873,000
Net (originations) collections of loans (41,648,000)   30,637,000
Purchases of premises and equipment, net (1,288,000)   (7,550,000)
Proceeds from sale of covered other real estate owned 7,875,000   4,281,000
Proceeds from sale of foreclosed assets held for sale 2,364,000   15,307,000
Proceeds from sale of available-for-sale securities 730,000   2,933,000
Proceeds from maturities of available-for-sale securities 153,832,000   126,831,000
Purchases of available-for-sale securities (149,254,000)   (159,974,000)
Proceeds from maturities of held-to-maturity securities 310,755,000   128,571,000
Purchases of held-to-maturity securities (310,695,000)   (69,750,000)
Purchase of bank owned life insurance (25,000)   (25,000)
Cash received on FDIC loss share 9,682,000   21,249,000
Net cash provided by investing activities 25,671,000   124,383,000
FINANCING ACTIVITIES      
Net change in deposits (21,113,000)   (1,589,000)
Dividends paid (6,838,000)   (6,588,000)
Net change in other borrowed funds 696,000   (41,056,000)
Net change in federal funds purchased and securities sold under agreements to repurchase (44,546,000)   (15,579,000)
Net shares issued under stock compensation plans 324,000   473,000
Repurchase of common stock (7,706,000)    
Net cash used in financing activities (79,183,000)   (64,339,000)
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (24,624,000)   89,867,000
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 570,206,000 541,927,000 452,060,000
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 545,582,000 $ 570,206,000 $ 541,927,000