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Consolidated statements of cash flows - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Dec. 31, 2020
Cash flows from operating activities:      
Net income $ 52,874,000 $ 745,000  
Adjustments to reconcile net income to net cash used in operating activities:      
Depreciation and amortization of fixed assets 2,056,000 1,612,000  
Amortization of core deposit and other intangibles 1,440,000 1,203,000  
Capitalization of mortgage servicing rights (11,594,000) (7,796,000)  
Net change in fair value of mortgage servicing rights (12,601,000) 20,736,000  
Stock-based compensation expense 2,666,000 1,883,000  
Provision for credit losses (11,632,000) 27,964,000  
Provision for credit losses on unfunded commitments (2,222,000) 1,601,000  
Provision for mortgage loan repurchases 440,000 372,000  
Amortization (accretion) of premiums and discounts on acquired loans, net 58,000 (1,578,000)  
Accretion of discounts and amortization of premiums on securities, net 2,150,000 906,000  
Gain from securities, net (83,000) (63,000)  
Originations of loans held for sale (1,757,932,000) (1,097,672,000)  
Proceeds from sale of loans held for sale 1,648,695,000 1,070,137,000  
Gain on sale and change in fair value of loans held for sale (52,811,000) (33,595,000)  
Net gain or write-downs of other real estate owned (496,000) (51,000)  
Loss on other assets 11,000 328,000  
Provision for deferred income taxes 9,639,000 (8,088,000)  
Changes in:      
Other assets and interest receivable (225,000) (118,909,000)  
Accrued expenses and other liabilities (42,615,000) 38,567,000  
Net cash used in operating activities (172,182,000) (101,698,000)  
Activity in available-for-sale securities:      
Maturities, prepayments and calls 61,040,000 27,657,000  
Purchases (131,268,000) (29,632,000)  
Net change in loans 85,150,000 52,701,000  
Purchases of FHLB stock (525,000) 0  
Purchases of premises and equipment (2,050,000) (3,014,000)  
Proceeds from the sale of other real estate owned 2,495,000 1,442,000  
Net cash paid in business combinations (See Note 2) 0 (4,227,000)  
Net cash provided by investing activities 14,842,000 44,927,000  
Cash flows from financing activities:      
Net increase in demand deposits 855,673,000 272,566,000  
Net decrease in time deposits (56,824,000) (40,107,000)  
Net (decrease) increase in securities sold under agreements to repurchase (2,965,000) 4,955,000  
Payment of subordinated debt, net of premium accretion (40,000,000) 0  
Accretion of subordinated debt fair value premium and amortization of issuance costs, net (158,000) 0  
(Payments on) proceeds from other borrowings (15,000,000) 15,000,000  
Share based compensation withholding payments (1,715,000) (838,000)  
Net proceeds from sale of common stock under employee stock purchase program 833,000 446,000  
Dividends paid (5,269,000) (2,838,000)  
Net cash provided by financing activities 734,575,000 249,184,000  
Net change in cash and cash equivalents 577,235,000 192,413,000  
Cash and cash equivalents at beginning of the period 1,317,898,000 232,681,000 $ 232,681,000
Cash and cash equivalents at end of the period 1,895,133,000 425,094,000 1,317,898,000
Supplemental cash flow information:      
Interest paid 14,794,000 10,997,000  
Taxes paid 15,117,000 105,000  
Supplemental noncash disclosures:      
Transfers from loans to other real estate owned 1,395,000 365,000  
Transfers from premises and equipment to other real estate owned 0 841,000  
Loans provided for sales of other real estate owned 330,000 0  
Transfers from loans to loans held for sale 2,521,000 3,101,000  
Transfers from loans held for sale to loans 14,413,000 1,445,000  
Stock consideration paid in business combination 0 35,041,000  
Trade date payable - securities 0 8,273,000 $ 0
Dividends declared not paid on restricted stock units 38,000 28,000  
Decrease to retained earnings for adoption of new accounting standards 0 25,018,000  
Right-of-use assets obtained in exchange for operating lease liabilities $ 157,000 $ 480,000