|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
$47.3m
|
$51.5m
|
$59.2m
|
$64.5m
|
$59.5m
|
$87.9m
|
$81.8m
|
$78.0m
|
$82.8m
|
$98.1m
|
|
Depreciation, Depletion and Amortization
|
|
$3.7m
|
$3.9m
|
$3.8m
|
$3.8m
|
$3.5m
|
$3.2m
|
$3.3m
|
$3.6m
|
$3.7m
|
$4.0m
|
|
Depreciation, Amortization and Accretion, Net
|
|
$3.9m
|
$4.0m
|
$3.8m
|
$5.5m
|
$5.3m
|
$5.0m
|
$5.2m
|
$5.4m
|
$5.0m
|
$4.1m
|
|
Depreciation
|
|
$3.9m
|
$4.0m
|
$3.8m
|
$5.5m
|
$5.3m
|
$5.0m
|
$5.2m
|
$5.4m
|
$3.8m
|
$4.1m
|
|
Deferred Income Tax Expense (Benefit)
|
|
$701k
|
($3.1m)
|
($246k)
|
($1.4m)
|
($2.9m)
|
$2.3m
|
$3.2m
|
$709k
|
($1.7m)
|
($2.9m)
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$458k
|
$636k
|
$710k
|
$859k
|
$944k
|
$850k
|
$1.4m
|
$1.6m
|
$1.4m
|
$1.8m
|
|
Gain (Loss) on Disposition of Property Plant Equipment
|
|
($46k)
|
($40k)
|
$175k
|
($360k)
|
($390k)
|
$165k
|
$354k
|
$408k
|
$102k
|
$665k
|
|
Income Tax Expense (Benefit)
|
|
$19.1m
|
$17.0m
|
$11.3m
|
$7.5m
|
$10.8m
|
$22.7m
|
$19.2m
|
$20.6m
|
$23.9m
|
$29.0m
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Other Operating Assets
|
|
$3.2m
|
$4.4m
|
$15.8m
|
($4.9m)
|
($1.8m)
|
($4.9m)
|
($2.5m)
|
$2.6m
|
($2.0m)
|
$10.3m
|
|
Provision for Loan, Lease, and Other Losses
|
|
—
|
—
|
—
|
—
|
$16.0m
|
—
|
—
|
—
|
—
|
—
|
|
Bank Owned Life Insurance Income
|
|
$2.2m
|
$2.2m
|
$3.7m
|
$2.4m
|
$2.3m
|
$2.8m
|
$2.7m
|
$3.5m
|
$5.2m
|
$4.5m
|
|
Increase (Decrease) in Other Operating Liabilities
|
|
$2.9m
|
$1.6m
|
$9.0m
|
($2.4m)
|
$4.1m
|
($2.4m)
|
$608k
|
($3.6m)
|
$8.0m
|
$3.5m
|
|
Gain (Loss) on Sales of Loans, Net
|
|
$1.8m
|
$1.3m
|
$1.3m
|
$1.9m
|
$7.2m
|
$6.8m
|
$1.5m
|
$395k
|
$294k
|
$320k
|
|
Proceeds from Stock Options Exercised
|
|
—
|
$693k
|
$399k
|
$401k
|
$11k
|
$0
|
$0
|
$0
|
$645k
|
$0
|
|
Debt and Equity Securities, Gain (Loss)
|
|
—
|
—
|
($85k)
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Debt Securities, Available-for-sale, Realized Gain (Loss)
|
|
—
|
—
|
—
|
$3k
|
$1.3m
|
$60k
|
($81k)
|
$4k
|
$8k
|
$2k
|
|
Equipment Expense
|
|
$3.0m
|
$3.0m
|
$2.9m
|
$3.0m
|
$2.7m
|
$2.5m
|
$2.7m
|
$2.9m
|
$2.8m
|
$3.1m
|
|
Equity Securities, FV-NI, Unrealized Gain (Loss)
|
|
—
|
—
|
—
|
—
|
—
|
($218k)
|
($87k)
|
$992k
|
$623k
|
$373k
|
|
Gain (Loss) on Investments
|
|
—
|
—
|
—
|
—
|
—
|
($210k)
|
($982k)
|
$27k
|
$192k
|
($361k)
|
|
Gain (Loss) on Sale of Mortgage Loans
|
|
($1.8m)
|
$1.2m
|
$1.3m
|
$1.7m
|
$7.2m
|
$6.8m
|
$1.5m
|
$395k
|
$294k
|
($320k)
|
|
Goodwill
|
|
$65.5m
|
$65.5m
|
$65.5m
|
$65.5m
|
$65.5m
|
$65.5m
|
$65.5m
|
$65.5m
|
$65.5m
|
$65.5m
|
|
Financing Receivable, Credit Loss, Expense (Reversal)
|
|
—
|
—
|
—
|
—
|
—
|
($6.4m)
|
$4.9m
|
$6.8m
|
$11.0m
|
$12.4m
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$61.4m
|
$62.4m
|
$65.5m
|
$83.5m
|
$62.4m
|
$115.7m
|
$99.7m
|
$85.7m
|
$105.2m
|
$105.0m
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$3.5m
|
$2.4m
|
$2.8m
|
$2.6m
|
$1.5m
|
$2.4m
|
$6.2m
|
$6.3m
|
$8.1m
|
$7.6m
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
($86.1m)
|
($186.6m)
|
($100.6m)
|
($34.5m)
|
($693.5m)
|
($358.6m)
|
($280.0m)
|
($226.6m)
|
($335.7m)
|
($463.2m)
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale
|
|
$104.3m
|
$159.6m
|
$109.7m
|
$174.1m
|
$281.5m
|
$305.4m
|
$193.8m
|
$124.7m
|
$153.2m
|
$209.6m
|
|
Repayments of Long-term Debt
|
|
—
|
$1.4m
|
$0
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Proceeds from Issuance of Common Stock
|
|
$3.0m
|
$1.5m
|
$1.2m
|
$1.3m
|
$926k
|
$965k
|
$1.0m
|
$1.1m
|
$1.8m
|
$1.3m
|
|
Payments for Repurchase of Common Stock
|
|
$382k
|
$0
|
$0
|
—
|
$1.1m
|
$0
|
$0
|
—
|
—
|
—
|
|
Dividends paid
|
|
$22.2m
|
$23.0m
|
$24.4m
|
$26.2m
|
$27.1m
|
$27.9m
|
$29.9m
|
$32.2m
|
$33.4m
|
$36.0m
|
|
Payments of Dividends
|
|
$22.2m
|
$23.0m
|
$24.4m
|
$26.2m
|
$27.1m
|
$27.9m
|
$29.9m
|
$32.2m
|
$33.4m
|
$36.0m
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
($18.2m)
|
$154.8m
|
$1.3m
|
$74.3m
|
$704.7m
|
$216.4m
|
($2.7m)
|
$283.6m
|
$328.6m
|
$352.4m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
—
|
—
|
$264.7m
|
$338.2m
|
$311.8m
|
$128.7m
|
$271.4m
|
$369.5m
|
$363.7m
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Paid, Excluding Capitalized Interest, Operating Activities
|
|
$13.4m
|
$17.3m
|
$28.6m
|
$40.6m
|
$27.0m
|
$15.3m
|
$27.4m
|
$90.4m
|
$126.5m
|
$126.6m
|
|
Income Taxes Paid, Net
|
|
$19.2m
|
$21.4m
|
$9.7m
|
$10.0m
|
$13.3m
|
$19.5m
|
$16.3m
|
$20.7m
|
$20.6m
|
$28.5m
|