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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating activities:      
Net income (loss) $ 95,509,402 $ 70,471,167 $ 57,726,201
Adjustments to reconcile net income to net cash provided by operating activities:      
Net amortization/accretion of premium/discount on securities 5,231,583 4,526,497 4,438,303
Depreciation and amortization 10,268,576 9,282,197 9,245,876
Provision for loan losses 9,188,497 3,634,660 7,856,522
Investment gains (losses) on sales and impairments, net (552,063) (29,221) 1,466,475
Gain on mortgage loans sold, net (7,668,960) (5,630,371) (6,243,411)
Stock-based compensation expense 7,341,603 5,308,167 4,082,132
Deferred tax expense (benefit) 5,819,463 394,452 1,841,044
Losses on disposition of other real estate and other investments (433,911) (74,807) 3,103,008
Gains from equity method investment (20,591,484) 0 0
Excess tax benefit from stock compensation (4,116,120) (1,698,521) (389,415)
Mortgage loans held for sale:      
Loans originated (524,679,767) (331,135,205) (385,173,288)
Loans sold 519,134,000 335,577,000 419,761,000
Decrease in other assets (3,229,986) 4,014,267 11,567,952
(Decrease) increase in other liabilities (7,487,499) 417,873 (2,847,047)
Net cash provided by operating activities 83,733,334 95,058,155 126,435,352
Activities in available-for-sale securities:      
Purchases (342,192,699) (149,051,923) (233,887,505)
Sales 189,029,458 2,360,478 23,439,144
Maturities, prepayments and calls 146,441,236 123,949,792 143,322,733
Activities in held-to-maturity securities:      
Purchases (1,550,995) (923,652) (3,496,186)
Sales 0 0 0
Maturities, prepayments and calls 8,185,000 1,229,874 3,623,800
Increase in loans, net (668,297,036) (455,357,214) (447,907,395)
Purchases of premises and equipment and software (10,870,851) (5,878,562) (5,293,919)
Proceeds from sales of software, premises and equipment 782,482 0 0
Purchase of bank owned life insurance 0 0 (38,352,344)
Acquisitions of CapitalMark and Magna, net of cash acquired 5,876,592 0 0
Increase in equity-method investment, net of dividends received (68,288,530) 0 0
Increase in other investments (1,712,685) (4,208,447) (6,141,232)
Net cash used in investing activities (742,598,028) (487,879,654) (564,692,904)
Financing activities:      
Net increase in deposits 783,352,902 249,132,187 518,284,740
Net (decrease) increase in repurchase agreements (32,784,245) 23,529,404 (44,202,149)
Advances from Federal Home Loan Bank:      
Issuances 1,135,000,000 790,000,000 600,000,000
Payments (1,092,781,984) (685,093,244) (585,144,603)
Net (decrease) increase in subordinated debt and other borrowings 9,709,994 (2,500,000) (7,500,000)
Exercise of common stock options, stock appreciation rights and restricted shares, net of shares surrendered for taxes 3,602,805 6,421,689 2,894,908
Excess tax benefit from stock compensation 4,116,120 1,698,521 389,415
Common stock dividends paid (18,307,075) (11,398,285) (2,814,691)
Net cash provided by financing activities 791,908,517 371,790,272 481,907,620
Net increase (decrease) in cash and cash equivalents 133,043,823 (21,031,227) 43,650,068
Cash and cash equivalents, beginning of year 187,907,510 208,938,737 165,288,669
Cash and cash equivalents, end of year $ 320,951,333 $ 187,907,510 $ 208,938,737