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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating activities:      
Net income $ 40,554 $ 44,811 $ 43,818
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation of premises and equipment, and amortization 6,787 6,474 5,906
Amortization of intangible assets 1,389 1,377 1,157
Provision for (benefit from reversal of) loan losses 89 (5,970) (2,210)
Amortization of investment securities premium, net 3,200 4,926 3,458
Gain on sale of investment securities (961)   0
Originations of loans for resale (114,107) (142,619) (111,640)
Proceeds from sale of loans originated for resale 114,788 144,062 115,469
Gain on sale of loans (3,109) (4,037) (3,064)
Change in market value of mortgage servicing rights 718 2,184 701
Provision for losses on foreclosed assets 162 140 502
Gain on sale of foreclosed assets (711) (262) (991)
Provision for losses on fixed assets   782  
Loss on disposal of fixed assets 142 147 129
Gain on sale of premises held for sale (3)    
Increase in cash value of life insurance (2,685) (2,717) (2,786)
Gain on life insurance death benefit (108) (238) (155)
Equity compensation vesting expense 1,586 1,467 1,370
Equity compensation tax effect   (155) 68
Deferred income tax expense 12,473 3,190 681
Change in:      
Reserve for unfunded commitments 445 244 330
Interest receivable (1,745) (1,241) (1,511)
Interest payable 112 44 (204)
Other assets and liabilities, net (3,635) (4,383) 3,789
Net cash from operating activities 55,381 48,226 54,817
Investing activities:      
Proceeds from maturities of securities available for sale 63,942 71,684 33,552
Proceeds from sale of securities available for sale 25,757   2
Purchases of securities available for sale (265,806) (247,717) (341,303)
Proceeds from maturities of securities held to maturity 86,371 121,666 93,784
Purchases of securities held to maturity     (146,100)
Loan origination and principal collections, net (247,837) (251,479) (244,018)
Loans purchased (11,567) (22,503)  
Proceeds from sale of loans other than loans originated for resale   37,880  
Proceeds from sale of premises and equipment   1,682 8
Improvement of foreclosed assets     (195)
Proceeds from sale of other real estate owned 2,872 4,010 5,449
Proceeds from the sale of premises held for sale 3,338    
Purchases of premises and equipment (15,164) (10,930) (5,489)
Life insurance proceeds 649    
Cash received from acquisition, net   156,316  
Net cash used by investing activities (357,445) (139,391) (604,310)
Financing activities:      
Net increase in deposits 113,571 103,063 250,843
Net change in other borrowings 104,673 5,165 3,052
Equity compensation tax effect   155 (68)
Repurchase of common stock (1,629) (1,890) (412)
Dividends paid (15,131) (13,695) (11,849)
Exercise of stock options 396 518 660
Net cash from financing activities 201,880 93,316 242,226
Net change in cash and cash equivalents (100,184) 2,151 (307,267)
Cash and cash equivalents and beginning of year 305,612 303,461 610,728
Cash and cash equivalents at end of year 205,428 305,612 303,461
Supplemental disclosure of noncash activities:      
Unrealized loss on securities available for sale 5,461 (11,015) (1,895)
Loans transferred to foreclosed assets 1,563 2,505 5,240
Due to broker     17,072
Market value of shares tendered in-lieu of cash to pay for exercise of options and/or related taxes 2,225 5,988 2,868
Supplemental disclosure of cash flow activity:      
Cash paid for interest expense 5,609 5,677 5,620
Cash paid for income taxes $ 21,170 27,575 $ 24,315
Assets acquired in acquisition   161,231  
Liabilities assumed in acquisition   $ 161,231