|
Parent Company Only Financial Information (Details 3) (USD $)
In Thousands, unless otherwise specified
|
3 Months Ended |
12 Months Ended |
|
Dec. 31, 2014
|
Sep. 30, 2014
|
Jun. 30, 2014
|
Mar. 31, 2014
|
Dec. 31, 2013
|
Sep. 30, 2013
|
Jun. 30, 2013
|
Mar. 31, 2013
|
Dec. 31, 2014
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| Cash Flows from Operating Activities |
|
|
|
|
|
|
|
|
|
|
|
| Net income |
$ 7,593 |
$ 9,109 |
$ 8,185 |
$ 7,887 |
$ 6,920 |
$ 7,933 |
$ 7,440 |
$ 6,433 |
$ 32,774 |
$ 28,726 |
$ 22,357 |
| Adjustments to reconcile net income to net cash provided by (used in) operating activities: |
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and amortization |
|
|
|
|
|
|
|
|
8,456 |
8,598 |
8,759 |
| Stock-based compensation |
|
|
|
|
|
|
|
|
1,187 |
1,079 |
991 |
| Fair value adjustment on employee stock ownership plan shares allocated |
|
|
|
|
|
|
|
|
|
|
(322) |
| Changes in assets and liabilities: |
|
|
|
|
|
|
|
|
|
|
|
| Decrease (increase) in other assets |
|
|
|
|
|
|
|
|
2,274 |
9,880 |
8,368 |
| (Decrease) increase in other liabilities |
|
|
|
|
|
|
|
|
(650) |
(63) |
992 |
| Net cash provided by operating activities |
|
|
|
|
|
|
|
|
68,111 |
98,153 |
49,069 |
| Cash Flows from Investing Activities |
|
|
|
|
|
|
|
|
|
|
|
| Decrease in loans |
|
|
|
|
|
|
|
|
(126,604) |
(258,366) |
(33,680) |
| Proceeds from sales of premises and equipment |
|
|
|
|
|
|
|
|
78 |
2,856 |
77 |
| Purchases of premises and equipment |
|
|
|
|
|
|
|
|
(3,778) |
(2,549) |
(8,611) |
| Net cash used in investing activities |
|
|
|
|
|
|
|
|
(51,262) |
(118,698) |
(204,435) |
| Cash Flows from Financing Activities |
|
|
|
|
|
|
|
|
|
|
|
| Value of shares surrendered upon vesting of restricted stock units to cover tax obligations |
|
|
|
|
|
|
|
|
(45) |
(237) |
|
| Cash dividends paid |
|
|
|
|
|
|
|
|
(17,224) |
(14,040) |
(24,427) |
| Net cash provided by (used in) financing activities |
|
|
|
|
|
|
|
|
90,986 |
(99,107) |
191,568 |
| Cash and due from banks, beginning |
|
|
|
231,603 |
|
|
|
351,255 |
231,603 |
351,255 |
315,053 |
| Cash and due from banks, ending |
339,438 |
|
|
|
231,603 |
|
|
|
339,438 |
231,603 |
351,255 |
| Parent |
|
|
|
|
|
|
|
|
|
|
|
| Cash Flows from Operating Activities |
|
|
|
|
|
|
|
|
|
|
|
| Net income |
|
|
|
|
|
|
|
|
32,774 |
28,726 |
22,357 |
| Adjustments to reconcile net income to net cash provided by (used in) operating activities: |
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and amortization |
|
|
|
|
|
|
|
|
112 |
100 |
98 |
| Distributions less than net income of subsidiaries |
|
|
|
|
|
|
|
|
(34,672) |
(28,658) |
(20,960) |
| Stock-based compensation |
|
|
|
|
|
|
|
|
1,187 |
1,079 |
991 |
| Fair value adjustment on employee stock ownership plan shares allocated |
|
|
|
|
|
|
|
|
|
|
(322) |
| Changes in assets and liabilities: |
|
|
|
|
|
|
|
|
|
|
|
| Decrease (increase) in other assets |
|
|
|
|
|
|
|
|
951 |
(62) |
125 |
| (Decrease) increase in other liabilities |
|
|
|
|
|
|
|
|
(1,077) |
381 |
1,435 |
| Net cash provided by operating activities |
|
|
|
|
|
|
|
|
(725) |
1,566 |
3,724 |
| Cash Flows from Investing Activities |
|
|
|
|
|
|
|
|
|
|
|
| Decrease in loans |
|
|
|
|
|
|
|
|
|
68 |
95 |
| Proceeds from sales of premises and equipment |
|
|
|
|
|
|
|
|
|
226 |
|
| Purchases of premises and equipment |
|
|
|
|
|
|
|
|
(114) |
(90) |
(11) |
| Net cash used in investing activities |
|
|
|
|
|
|
|
|
(114) |
204 |
84 |
| Cash Flows from Financing Activities |
|
|
|
|
|
|
|
|
|
|
|
| Proceeds from charter amendment with subsidiary bank |
|
|
|
|
|
|
|
|
60,000 |
50,000 |
|
| Value of shares surrendered upon vesting of restricted stock units to cover tax obligations |
|
|
|
|
|
|
|
|
(45) |
(237) |
|
| Cash dividends paid |
|
|
|
|
|
|
|
|
(17,224) |
(14,040) |
(24,427) |
| Net cash provided by (used in) financing activities |
|
|
|
|
|
|
|
|
42,731 |
35,723 |
(24,427) |
| Net increase (decrease) in cash and due from subsidiary banks |
|
|
|
|
|
|
|
|
41,892 |
37,493 |
(20,619) |
| Cash and due from banks, beginning |
|
|
|
42,645 |
|
|
|
5,152 |
42,645 |
5,152 |
25,771 |
| Cash and due from banks, ending |
$ 84,537 |
|
|
|
$ 42,645 |
|
|
|
$ 84,537 |
$ 42,645 |
$ 5,152 |