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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating activities:    
Net income $ 45,109 $ 37,565
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of premises and equipment, and amortization 4,914 5,089
Amortization of intangible assets 2,068 1,050
Provision for (benefit from) loan losses 1,777 (1,588)
Amortization of investment securities premium, net 1,953 2,431
Gain on sale of investment securities (207) (961)
Originations of loans for resale (63,912) (83,907)
Proceeds from sale of loans originated for resale 66,138 85,846
Gain on sale of loans (1,831) (2,293)
Change in market value of mortgage servicing rights (38) 795
Provision for losses on foreclosed assets 89 162
Gain on sale of foreclosed assets (390) (308)
Loss on disposal of fixed assets 206 61
Gain on sale of premises held for sale   (3)
Increase in cash value of life insurance (1,996) (2,043)
Life insurance proceeds in excess of cash value   (108)
Loss on marketable equity securities 92  
Equity compensation vesting expense 1,094 1,184
Change in:    
Reserve for unfunded commitments (864) 270
Interest receivable (5,820) (629)
Interest payable 799 49
Other assets and liabilities, net 10,724 3,155
Net cash from operating activities 59,905 45,817
Investing activities:    
Cash acquired in acquisition, net of consideration paid 30,613  
Proceeds from maturities of securities available for sale 54,510 20,889
Proceeds from maturities of securities held to maturity 54,203 64,969
Proceeds from sale of available for sale securities 293,279 25,757
Purchases of securities available for sale (370,843) (195,465)
Net redemption of restricted equity securities 7,429  
Loan origination and principal collections, net (178,596) (174,914)
Proceeds from sale of foreclosed assets 2,206 1,787
Proceeds from sale of premises held for sale   3,338
Proceeds from sale of premises and equipment 62  
Purchases of premises and equipment (5,736) (10,874)
Life insurance proceeds   649
Net cash from investing activities (112,873) (263,864)
Financing activities:    
Net change in deposits 92,051 31,896
Net change in other borrowings (4,335) 81,237
Repurchase of common stock (834) (1,629)
Dividends paid (12,984) (11,228)
Exercise of stock options 185 193
Net cash from financing activities 74,083 100,469
Net change in cash and cash equivalents 21,115 (117,578)
Cash and cash equivalents at beginning of year 205,428 305,612
Cash and cash equivalents at end of year 226,543 188,034
Supplemental disclosure of noncash activities:    
Unrealized (loss) gain on securities available for sale (29,704) 5,411
Loans transferred to foreclosed assets 511 726
Market value of shares tendered in-lieu of cash to pay for exercise of options and/or related taxes 1,124 3,854
Supplemental disclosure of cash flow activity:    
Cash paid for interest expense 8,010 4,881
Cash paid for income taxes 11,625 $ 15,450
Assets acquired in acquisition plus goodwill recognized, net 1,456,505  
Liabilities assumed in acquisition $ 1,172,068