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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income $ 29,926 $ 12,868
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 1,581 1,524
Provision for credit losses 46 22,264
Deferred income taxes 3,834 (183)
Net amortization of debt securities 1,937 1,054
Amortization of intangible assets 1,415 1,491
Gain (Loss) on Sale of Debt Investments 0 (4)
Mortgage loans originated-for-sale (49,065) (33,537)
Proceeds from mortgage loans sold 52,908 30,888
Sale of other real estate (47) 52
Sale of state tax credits (326) (124)
Share-based Payment Arrangement, Noncash Expense 1,275 960
Net accretion of loan discount (736) (2,510)
Changes in other assets and liabilities, net    
Increase (Decrease) in Other Operating Assets and Liabilities, Net (46,423) (2,181)
Net cash (used in) provided by operating activities (3,675) 32,562
Cash flows from investing activities:    
Net increase in loans (69,907) (134,482)
Sale of debt securities, available-for-sale 0 207
Paydown or maturity of debt securities, available-for-sale 69,953 55,932
Paydown or maturity of debt securities, held-to-maturity 18,220 1,595
Redemption of other investments 752 24,310
Sale of state tax credits held for sale 1,632 1,186
Sale of other real estate 450 443
Payments for the purchase of:    
Available-for-sale debt securities (118,791) (69,336)
Other investments (3,660) (28,809)
State tax credits held for sale 0 (3,780)
Fixed assets, net (489) (918)
Net cash used in investing activities (101,840) (153,652)
Cash flows from financing activities:    
Net increase in noninterest-bearing deposit accounts 198,389 27,223
Net increase in interest-bearing deposit accounts 331,666 191,659
Proceeds from FHLB advances, net 0 (300)
Repayments of Long-term Debt (2,857) (1,429)
Net decrease in other borrowings (68,835) (57,825)
Cash dividends paid on common stock (5,627) (4,743)
Payments for Repurchase of Common Stock 0 (15,347)
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture (1,109) (1,721)
Net cash provided by financing activities 451,627 137,517
Net increase in cash and cash equivalents 346,112 16,427
Cash and cash equivalents, beginning of period 537,703 167,256
Cash and cash equivalents, end of period 883,815 183,683
Noncash transactions:    
Cash paid during the period for interest 4,836 13,026
Income Taxes Paid, Net 30,167 0
Transfer to other real estate owned in settlement of loans 1,236 0
Right-of-use assets obtained in exchange for lease obligations $ 0 $ 200