Condensed Financial Information of Parent Company (Tables)

12 Months Ended

Dec. 31, 2014

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Balance Sheets

CONDENSED BALANCE SHEETS

	As of December 31,
	2014		2013
	(Dollars in thousands)
Assets
Investment in subsidiaries	$	895,972	$	789,448
Other assets, net		19,069		19,120
Total assets	$	915,041	$	808,568
Liabilities	$	36,932	$	36,681
Stockholders’ equity		878,109		771,887
Total liabilities and stockholders’ equity	$	915,041	$	808,568

Condensed Statements of Earnings

CONDENSED STATEMENTS OF EARNINGS

	For the Year Ended December 31,
	2014			2013			2012
	(Dollars in thousands)
Excess in net earnings of subsidiaries	$	66,119		$	33,149		$	(1,261	)
Dividends from the Bank		41,000			63,000			82,300
Other expense, net		(3,098	)		(541	)		(3,759	)
Net earnings	$	104,021		$	95,608		$	77,280

Condensed Statements of Cash Flows

CONDENSED STATEMENTS OF CASH FLOWS

	For the Year Ended December 31,
	2014			2013			2012
	(Dollars in thousands)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net earnings	$	104,021		$	95,608		$	77,280
Adjustments to reconcile net earnings to cash used in operating activities:
Earnings of subsidiaries		(107,119	)		(96,149	)		(81,039	)
Tax settlement received from the Bank		1,812			1,903			5,240
Stock-based compensation		2,988			1,926			2,039
Other operating activities, net		(3,080	)		241			(1,717	)
Total adjustments		(105,399	)		(92,079	)		(75,477	)
Net cash (used in) provided by operating activities		(1,378	)		3,529			1,803
CASH FLOWS FROM INVESTING ACTIVITIES:
Dividends received from the Bank		41,000			63,000			82,300
Net cash provided by investing activities		41,000			63,000			82,300
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayment of junior subordinated debentures		—			(41,238	)		(48,043	)
Cash dividends on common stock		(42,298	)		(29,939	)		(44,552	)
Proceeds from exercise of stock options		5,522			4,517			2,557
Tax benefit from exercise of stock options		1,116			475			194
Repurchase of common stock		(5,474	)		(559	)		(54	)
Net cash used in financing activities		(41,134	)		(66,744	)		(89,898	)
NET DECREASE IN CASH AND CASH EQUIVALIENTS		(1,512	)		(215	)		(5,795	)
CASH AND CASH EQUIVALENTS, beginning of year		15,044			15,259			21,054
CASH AND CASH EQUIVALENTS, end of year	$	13,532		$	15,044		$	15,259