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Cash Flow Statement

Entire IR Site Press Releases Only Filings Only
As-reported financial charting
 2012 Y2013 Y2014 Y2015 Y2016 Q3 YTD
Source Document12/31/201412/31/201512/31/201512/31/20159/30/2016
Currency CodeUSDUSDUSDUSDUSD
(in thousands)     
      
Cash Flows from Operating Activities 
Net income 22,35728,72632,77439,00638,239
Adjustments to reconcile net income to net cash provided by operating activities 
Stock-based and non-cash compensation 9911,0791,1871,4181,309
Depreciation and amortization 8,759NANANANA
Depreciation NA5,4665,5725,6975,330
Amortization of intangible assets NA3,1322,8843,1923,157
Provision for loan losses 16,5007,5002,0001,6004,050
Fair value adjustment on employee stock ownership plan shares allocated (322)NANANANA
Provision for deferred income taxes 8,57110,11012,7152,985(1,948)
Amortization of security premiums and discounts, net 9,7308,7447,3058,3605,407
Accretion of premiums and discounts on time deposits and trust preferred securities, net NANANANA(529)
Accretion of premiums and discounts on portfolio loans, net NA00(1,476)(4,329)
Net security (gains) losses (1,597)(553)(776)(380)(1,230)
Gain on sales of loans, net (12,535)(10,227)(4,723)(5,843)(8,130)
Net losses on disposition of premises and equipment 0(533)(19)35536
Net gains on disposition of OREO properties (274)NANANANA
Increase (decrease) in deferred compensation (70)(49)363201NA
Premises and equipment impairment 1,42100670650
Increase in cash surrender value of bank owned life insurance (1,603)(1,189)(796)(1,454)(1,257)
Change in assets and liabilities 
Decrease in other assets 8,3689,6202,112(137)5,790
Increase (decrease) in other liabilities 992(63)(650)(1,329)1,125
Decrease in interest payable NANANANA(61)
(Increase) decrease in income taxes receivable NANANANA(1,073)
Net cash provided by operating activities before activities for loans originated for sale 61,28861,76359,94852,86546,536
Loans originated for sale (576,862)(450,226)(222,976)(267,737)(1,218,032)
Proceeds from sales of loans 564,643486,616231,139276,3771,139,884
Net cash (used in) provided by operating activities 49,06998,15368,11161,505(31,612)
Cash Flows from Investing Activities 
Proceeds from sales of securities classified available for sale 59,57016,36574,11325,06849,378
Proceeds from sales of securities classified held to maturity NANANANA399
Proceeds from maturities of securities classified available for sale 217,797203,908185,329200,780183,329
Proceeds from maturities of securities classified held to maturity 00104801,333
Purchase of securities classified available for sale (454,538)(83,718)(182,123)(235,291)(121,633)
Purchase of securities classified held to maturity 0(839)(1,026)(16,287)(2,103)
Net decrease (increase) in portfolio loans (33,680)(258,366)(126,604)(118,398)62,154
Proceeds from disposition of premises and equipment 772,85678312864
Proceeds from sale of other real estate owned (“OREO”) properties 14,9503,6452,7391,0903,911
Purchases of premises and equipment (8,611)(2,549)(3,778)(4,114)(6,748)
Net cash received in acquisitions NA0012,11425,575
Proceeds from the redemption of Federal Home Loan Bank (“FHLB”) stock NANANANA17,640
Purchase of FHLB stock NANANANA(23,478)
Net cash provided by (used in) investing activities (204,435)(118,698)(51,262)(134,246)190,621
Cash Flows from Financing Activities 
Net decrease in certificates of deposit (116,287)(108,828)(86,300)(86,574)(131,917)
Net (decrease) increase in demand, money market and savings deposits 333,125(2,326)118,010232,931(48,112)
Proceeds from FHLB short term advances NANANANA57,700
Repayment of FHLB long term advances NANANANA(4,906)
Proceeds from short-term borrowings NANANANA10,000
Cash dividends paid (24,427)(14,040)(17,224)(18,619)(16,263)
Value of shares surrendered upon vesting of restricted stock units to satisfy tax obligations 0(237)(45)(269)(261)
Redemption of SBLF preferred stock NA00(72,664)NA
Net increase (decrease) in securities sold under agreements to repurchase 11,15733,32426,545(25,921)16,551
Principal payments on long-term debt (12,000)(7,000)00NA
Proceeds from long-term debt 0050,00030,000NA
Cash payment for fractional shares related to reverse stock split NA00(5)0
Purchase of treasury stock NA00(6,296)0
Common stock issuance costs NANANANA(246)
Net cash used in financing activities 191,568(99,107)90,98652,583(117,454)
Net increase (decrease) in cash and cash equivalents 36,202(119,652)107,835(20,158)41,555
Cash and cash equivalents, beginning of period 315,053351,255231,603339,438319,280
Cash and cash equivalents, ending of period 351,255231,603339,438319,280360,835
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION 
Cash payments for 
Interest 15,5239,0866,6656,2826,658
Income taxes 1,0454,7496,39517,17013,900
Non-cash investing and financing activities 
Real estate acquired in settlement of loans 9,6742,0686601,2512,175
Employee stock ownership plan shares allocated 417NANANANA


Data shown on this page is extracted directly from the company’s documents. SNL makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, SNL, as always, stands by its commitment to the quality of the data.

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