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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating activities:      
Net income $ 173,979,487 $ 127,224,695 $ 95,509,402
Adjustments to reconcile net income to net cash provided by operating activities:      
Net amortization/accretion of premium/discount on securities 12,846,572 8,630,048 5,231,583
Depreciation, amortization and accretion (23,618,474) 16,995,490 10,268,576
Provision for loan losses 23,663,944 18,328,058 9,188,497
Gains on mortgage loans sold, net (18,624,621) (15,754,473) (7,668,960)
Gain (Loss) on Sale of Investments 8,264,639 (395,186) (552,063)
Stock-based compensation expense 19,538,083 10,970,849 7,341,603
Deferred tax expense excluding expense associated with revaluation of deferred tax assets/liabilities 28,164,871 14,390,035 5,819,463
Deferred tax asset/liability revaluation 31,485,672 0 0
Losses (gains) on disposition of other real estate and other investments (202,980) 140,992 (433,911)
Income from equity method investment (37,957,692) (31,402,923) (20,591,484)
Excess tax benefit from stock compensation (5,365,493) (4,604,007) (4,116,120)
Gains on other loans sold, net (1,488,140) (885,320) 0
Other loans held for sale:      
Other loans held for sale originated (177,433,682) (112,669,589) 0
Other loans held for sale sold 176,062,619 90,966,938 0
Mortgage loans held for sale:      
Mortgage loans held for sale originated (1,100,866,370) (784,213,817) (524,679,767)
Mortgage loans held for sale sold 1,090,489,558 803,498,453 519,134,000
Increase in other assets (33,297,361) (17,411,223) (2,359,490)
(Decrease) increase in other liabilities (17,699,526) 2,829,656 (7,487,499)
Net cash provided by operating activities 147,941,106 126,638,676 84,603,830
Activities in securities available-for-sale:      
Purchases (1,290,716,532) (583,330,035) (342,192,699)
Sales 363,898,141 72,829,440 189,029,458
Maturities, prepayments and calls 323,235,144 280,805,769 146,441,236
Activities in securities held-to-maturity:      
Purchases 0 (560,000) (1,550,995)
Maturities, prepayments and calls 4,115,000 6,200,000 8,185,000
Increase in loans, net (1,558,646,425) (966,207,993) (668,297,036)
Purchases of premises and equipment and software (53,498,776) (17,058,292) (10,870,851)
Payments to Acquire Life Insurance Policies (55,000,000) 0 0
Proceeds from sales of software, premises, and equipment 23,038 2,187,381 782,482
Proceeds from sale of mortgage servicing rights 0 6,747,626 0
Acquisitions, net of cash acquired 155,141,674 17,608,471 5,876,592
Increase in equity method investment 0 (74,100,000) (75,440,530)
Dividends received from equity method investment 21,650,046 28,982,009 7,152,000
Increase in other investments (7,804,237) (27,508,882) (1,712,685)
Net cash used in investing activities (2,097,602,927) (1,253,404,506) (742,598,028)
Financing activities:      
Net increase in deposits 1,488,273,894 822,306,826 783,352,902
Net increase (decrease) in repurchase agreements (12,754,500) 6,622,260 (32,784,245)
Advances from Federal Home Loan Bank:      
Issuances 1,964,750,001 1,934,000,000 1,135,000,000
Payments (1,051,066,604) (1,934,093,153) (1,092,781,984)
Proceeds from subordinated debt and other borrowings, net of issuance costs 0 243,226,783 59,129,504
Repayment of other borrowings (220,100) (74,000,302) (50,290,006)
Principal payments of capital lease obligation (148,641) (70,401) 0
Proceeds from Issuance of Common Stock 192,193,750 0 0
Exercise of common stock options and stock appreciation rights, net of shares surrendered for taxes 493,347 11,589,495 3,602,805
Excess tax benefit from stock compensation 0 4,604,007 4,116,120
Common dividends paid (35,907,449) (24,725,598) (18,307,075)
Net cash provided by financing activities 2,545,613,698 989,459,917 791,038,021
Net increase (decrease) in cash and cash equivalents 595,951,877 (137,305,913) 133,043,823
Cash and cash equivalents, beginning of year 183,645,420 320,951,333 187,907,510
Cash and cash equivalents, end of year $ 779,597,297 $ 183,645,420 $ 320,951,333