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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES (net of acquisition)      
Net income $ 139,445 $ 113,747 $ 92,258
Adjustments to reconcile net income to net cash from operating activities:      
Depreciation, amortization, and accretion (14,903) (1,569) (4,530)
Stock-based compensation expense 3,161 2,967 1,046
Provision for loan losses 17,360 9,000 8,000
(Credit) provision for unfunded loan commitments (2,358) 179 381
Valuation adjustment of premises held for sale 1,084 0 0
Valuation adjustment of OREO 2,041 2,228 1,267
Impairment of investments in affordable housing partnership (4,846) 0 0
Net gains on sales of SBA and other loans (15,701) (11,670) (12,935)
Earnings on BOLI (1,219) (1,438) (1,091)
Net change in fair value of derivatives 78 443 0
Net (gains) losses on sale and disposal of premises and equipment (868) 176 64
Net (gains) losses on sales of OREO (79) 16 (1,147)
Net gains on sales or called securities available for sale (301) (950) (424)
Losses on investments in affordable housing partnership 10,266 4,100 1,442
Net change in deferred income taxes 34,740 5,750 (1,376)
Proceeds from sales of loans held for sale 310,345 239,203 171,229
Originations of loans held for sale (276,537) (219,779) (140,466)
Origination of servicing assets (5,492) (4,472) (4,900)
Change in accrued interest receivable (3,099) (2,459) (1,561)
Change in other assets (1,987) 16,418 (4,237)
Change in accrued interest payable 5,098 2,247 152
Change in other liabilities (1,999) (23,532) 4,920
Net cash provided by operating activities 203,921 130,605 108,092
CASH FLOWS FROM INVESTING ACTIVITIES (net of acquisition)      
Net cash received from acquisition - Wilshire Bancorp, Inc. 0 100,127 0
Purchase of interest bearing deposits in other financial institutions and other investments (30,477) (2,962) (44,001)
Proceeds from maturity of interest bearing deposits in other financial institutions and other investments 21,313 13,465 490
Purchase of securities available for sale (572,528) (553,336) (397,885)
Proceeds from matured, called, or paid-down securities available for sale 264,730 238,605 146,407
Proceeds from sales of securities available for sale 128,791 217,079 22,510
Proceeds from sales of other loans 417 634 2,893
Net change in loans receivable (564,536) (487,961) (673,899)
Proceeds from sales of OREO 14,802 17,390 11,309
Purchase of FHLB stock (8,573) (97) (150)
Redemption of FHLB stock 761 13,636 9,510
Purchase of premises and equipment (14,777) (14,320) (10,924)
Proceeds from sales of premises and equipment 5,084 0 7
Investments in affordable housing partnerships (12,342) (5,616) (1,261)
Net cash used in investing activities (767,335) (463,356) (934,994)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net change in deposits 209,477 494,549 647,710
Proceeds from FHLB advances 1,420,000 825,000 350,000
Repayment of FHLB advances and prepayment fees (1,015,000) (806,610) (300,000)
Proceeds from federal funds purchased 69,900 0 0
Cash dividends paid on common stock (67,661) (42,493) (33,407)
Issuance of additional stock pursuant to various stock plans 1,865 1,171 (22)
Tax effects of issuance of shares from various stock plans 0 79 0
Taxes paid in net settlement of restricted stock (501) 0 0
Redemption of common stock warrant 0 0 (1,150)
Net cash provided by financing activities 618,080 471,696 663,131
NET CHANGE IN CASH AND CASH EQUIVALENTS 54,666 138,945 (163,771)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 437,334 298,389 462,160
CASH AND CASH EQUIVALENTS, END OF YEAR 492,000 437,334 298,389
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION      
Interest paid 91,081 62,624 40,466
Income taxes paid 104,158 65,726 61,568
SUPPLEMENTAL DISCLOSURES OF NON-CASH ACTIVITIES      
Transfer from loans receivable to OREO 7,173 5,646 11,373
Loans transferred to held for sale from loans receivable 429 11,885 685
Loans transferred to loans receivable from held for sale 4,100 9,163 0
Transfer from premises and equipment to premises held for sale 3,300 0 0
Loans to facilitate sale of premises 1,350 0 0
Loans to facilitate sale of OREO 2,300 0 0
New commitments to fund affordable housing partnership investments 26,400 1,327 14,794
Assets acquired from Wilshire 0 4,627,604 0
Liabilities assumed from Wilshire 0 4,130,342 0
Common stock issued in consideration for Wilshire 0 55,493,726 0
Parent Company      
CASH FLOWS FROM OPERATING ACTIVITIES (net of acquisition)      
Net income 139,445 113,747 92,258
Adjustments to reconcile net income to net cash from operating activities:      
Stock-based compensation expense 523 0 0
Change in other assets 665 2,172 717
Net cash provided by operating activities 65,264 38,362 29,792
CASH FLOWS FROM INVESTING ACTIVITIES (net of acquisition)      
Net cash received from acquisition - Wilshire Bancorp, Inc. 0 13,248 0
Net cash used in investing activities 0 13,248 0
CASH FLOWS FROM FINANCING ACTIVITIES      
Redemption of common stock warrant 0 0 (1,150)
Net cash provided by financing activities (65,796) (42,493) (34,557)
NET CHANGE IN CASH AND CASH EQUIVALENTS (532) 9,117 (4,765)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 13,859 4,742 9,507
CASH AND CASH EQUIVALENTS, END OF YEAR $ 13,327 $ 13,859 $ 4,742