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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
OPERATING ACTIVITIES:      
Net income $ 46,555 $ 64,882 $ 5,457
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 7,457 7,788 8,593
Deferred income and expense, net of amortization 3,200 2,864 1,645
Amortization of core deposit intangibles 1,941 2,092 2,276
(Gain) loss on sale of securities, net (1,022) (51) 5
Other-than-temporary impairment losses (recovery) (409) 409 (3,000)
Net change in valuation of financial instruments carried at fair value 2,278 16,515 624
Purchases of securities—trading (32,413) (5,408) 0
Proceeds from sales of securities—trading 34,308 5,073 0
Principal repayments and maturities of securities—trading 6,509 15,880 15,409
Deferred taxes 7,528 (35,007) 0
Increase (decrease) in current taxes payable (10,818) 1,089 0
Equity-based compensation 1,049 440 136
Increase in cash surrender value of BOLI (1,999) (2,554) (1,910)
Gain on sale of loans, net of capitalized servicing rights (6,498) (10,154) (3,226)
(Gain) loss on disposal of real estate held for sale and property and equipment (2,521) (4,614) 1,465
Provision for losses on loans and real estate held for sale 785 18,178 50,064
Origination of loans held for sale (429,718) (503,492) (278,733)
Proceeds from sales of loans held for sale 445,402 504,734 282,444
Net change in:      
Other assets 19,421 (818) 17,960
Other liabilities 4,331 3,569 2,104
Net cash provided from operating activities 95,366 81,415 101,313
INVESTING ACTIVITIES:      
Purchases of available-for-sale securities (197,911) (413,482) (622,192)
Principal repayments and maturities of available-for-sale securities 84,424 389,414 328,037
Proceeds from sales of securities available-for-sale 103,274 13,282 28,179
Purchases of securities held-to-maturity (26,221) (23,007) (12,480)
Principal repayments and maturities of securities held-to-maturity 9,788 11,806 12,074
Origination of loans, net of principal repayments (149,125) 55,830 31,926
Purchases of loans and participating interest in loans (48,725) (18,477) (27,893)
Purchases of property and equipment, net of sales (8,601) (5,613) (3,587)
Proceeds from sale of real estate held for sale, net 16,944 40,834 94,957
Proceeds from FHLB stock repurchase program 1,315 666 0
Other (288) 1,226 (234)
Net cash provided from (used by) investing activities (215,126) 52,479 (171,213)
FINANCING ACTIVITIES      
Increase (decrease) in deposits, net 60,122 82,150 (115,544)
Advances, net of repayments of FHLB borrowings 16,993 (6) (32,806)
Increase (decrease) in other borrowings, net 6,423 (75,495) (23,695)
Cash dividends paid (7,799) (6,470) (8,827)
Cash proceeds from issuance of stock for stockholder reinvestment plan 72 36,317 21,556
Redemption of preferred stock 0 (121,528) 0
Net cash provided from (used by) financing activities 75,811 (85,032) (159,316)
NET INCREASE (DECREASE) IN CASH AND DUE FROM BANKS (43,949) 48,862 (229,216)
CASH AND DUE FROM BANKS, BEGINNING OF YEAR 181,298 132,436 361,652
CASH AND DUE FROM BANKS, END OF YEAR 137,349 181,298 132,436
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:      
Interest paid in cash 13,362 20,712 35,114
Taxes paid (received) in cash 22,828 9,631 (13,048)
NON-CASH INVESTING AND FINANCING TRANSACTIONS:      
Loans, net of discounts, specific loss allowances and unearned income, transferred to real estate owned and other repossessed assets $ 3,448 $ 14,070 $ 53,518