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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income $ 83,697 $ 43,929
Adjustments to net income:    
Depreciation and amortization expense 5,487 3,378
Provision for credit losses 5,995 6,238
Share-based compensation expense 6,362 4,246
Loss on sale and disposal of premises and equipment 52 235
Loss (gain) on sale of or write down of other real estate owned 21 (94)
Net amortization on securities 5,326 5,693
Net accretion of deferred loan fees/costs and discounts/premiums for loans acquired 3,936 1,373
Gain on sale of investment securities available-for-sale (1,399) (2,989)
Originations of loans held for sale (108,071) (130,040)
Proceeds from the sales of and principal payments from loans held for sale 126,329 100,938
Gain on sale of loans (8,830) (9,137)
Deferred income tax expense 26,864 1,651
Change in accrued expenses and other liabilities, net 20,004 10,147
Income from bank owned life insurance, net (2,038) (1,349)
Amortization of core deposit intangible 8,963 4,033
Change in accrued interest receivable and other assets, net (20,511) 1,664
Net cash provided by operating activities 152,187 39,916
Cash flows from investing activities:    
Net decrease (increase) in interest-bearing time deposits with financial institutions 247 (493)
Proceeds from sale of other real estate owned 496 182
Increase in loans, net (196,416) (391,186)
Purchase of loans held for investment (61,562) (13,582)
Purchase of held-to-maturity securities (29,002) (10,924)
Principal payments on held-to-maturity securities 839 849
Purchase of securities available-for-sale (390,459) (157,773)
Principal payments on securities available-for-sale (103,179) (54,624)
Proceeds from sale or maturity of securities available-for-sale 394,536 248,043
Proceeds from bank owned life insurance death benefit 0 199
Purchases of premises and equipment (9,365) (2,421)
Change in FHLB, FRB, and other stock, at cost (30,586) (11,301)
Change in cash acquired in acquisitions, net 146,571 76,531
Net cash used in investing activities (71,522) (207,252)
Cash flows from financing activities:    
Net (decrease) increase in deposit accounts (90,653) 203,119
Net change in short-term borrowings 86,211 (74,344)
Repayment of long-term FHLB borrowings (10,500) 0
Proceeds from exercise of stock options and warrants 1,911 4,325
Restricted stock surrendered and canceled (1,586) (1,259)
Net cash (used in) provided by financing activities (14,617) 131,841
Net (decrease) increase in cash and cash equivalents 66,048 (35,495)
Cash and cash equivalents, beginning of period 197,164 156,857
Cash and cash equivalents, end of period 263,212 121,362
Supplemental cash flow disclosures:    
Interest paid 33,290 12,696
Income taxes paid 27,806 1,405
Noncash investing activities during the period:    
Transfers from loans to other real estate owned 15 0
Security settled (purchases) in subsequent period (9,988) 18,755
Transfers from portfolio loans to loans held for sale 662 31,685
Assets acquired (liabilities assumed and capital created) in acquisitions (See Note 4):    
Investment securities 392,858 442,923
FHLB and other stock 16,768 9,739
Loans 2,352,388 1,364,688
Core deposit intangible 71,943 28,123
Deferred income tax 4,536 11,623
Goodwill 312,239 268,075
Fixed assets 9,122 34,902
Other assets 80,478 45,475
Deposits (2,506,929) (1,669,550)
Other borrowings (254,923) (139,034)
Other liabilities (24,859) (8,352)
Common stock and additional paid-in capital $ (601,172) $ (464,982)