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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 10,296 $ 6,756
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision (benefit) for loan losses (1,119) 6,000
Depreciation and amortization of bank premises and equipment 715 767
Amortization of premium, net of accretion of discount 1,821 1,774
Net loss from fair value adjustments 644 123
Net loss from sale of loans   9
Net gain from sale of securities   (2,858)
Income from bank owned life insurance (776) (825)
Stock-based compensation expense 2,581 1,993
Deferred compensation (1,192) (423)
Amortization of core deposit intangibles   117
Excess tax benefit from stock-based payment arrangements (675) (245)
Deferred income tax provision 2,925 904
Decrease in prepaid FDIC assessment   927
Increase (decrease) in other liabilities (2,748) 2,089
Decrease in other assets 1,917 3,004
Net cash provided by operating activities 14,389 20,112
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of bank premises and equipment (342) (283)
Net redemptions of Federal Home Loan Bank of New York shares 1,327 3,651
Purchases of securities available for sale (48,277) (171,018)
Proceeds from sales and calls of securities 1,871 96,396
Proceeds from maturities and prepayments of securities available for sale 20,715 37,461
Net (originations) and repayment of loans (57,488) 4,426
Purchases of loans (11,649) (452)
Proceeds from sale of real estate owned 1,062 1,793
Proceeds from sale of delinquent loans 5,424 8,166
Net cash used in investing activities (87,357) (19,860)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in non-interest bearing deposits 3,604 4,445
Net increase in interest-bearing deposits 98,091 72,700
Net increase in mortgagors' escrow deposits 16,072 14,025
Net repayment from short-term borrowed funds (29,500) (121,500)
Proceeds from long-term borrowings   110,271
Repayment of long-term borrowings   (69,912)
Purchases of treasury stock (1,659) (954)
Excess tax benefit from stock-based payment arrangements 675 245
Proceeds from issuance of common stock upon exercise of stock options 343 22
Cash dividends paid (4,513) (3,973)
Net cash provided by financing activities 83,113 5,369
Net increase (decrease) in cash and cash equivalents 10,145 5,621
Cash and cash equivalents, beginning of period 33,485 40,425
Cash and cash equivalents, end of period 43,630 46,046
SUPPLEMENTAL CASH FLOW DISCLOSURE    
Interest paid 12,646 15,652
Income taxes paid 4,680 1,581
Taxes paid if excess tax benefits were not tax deductible 5,355 1,826
Non-cash activities:    
Securities purchased not yet settled 1,000 14,308
Loans transferred to Other Real Estate Owned 115 679
Loans provided for the sale of Other Real Estate Owned 308 2,088
Loans held for investment transferred to loans held for sale   $ 7,682