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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating Activities    
Net income $ 116,462 $ 96,040
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 38,043 23,266
Depreciation of premises, furniture, and equipment 11,693 10,477
Net amortization of premium on securities 11,444 12,334
Net securities gains 0  
Net securities gains   (3,481)
Gains on sales of 1-4 family mortgages and corporate loans held-for-sale (4,475) (5,354)
Net (gains) losses on sales and valuation adjustments of OREO (318) 944
Amortization of the FDIC indemnification asset 906 906
Net losses (gains) on sales and valuation adjustments of premises, furniture, and equipment 5,423 (364)
BOLI income (4,280) (4,095)
Share-based compensation expense 9,164 8,554
Tax benefit related to share-based compensation 208 252
Amortization of other intangible assets 5,368 6,059
Originations of mortgage loans held-for-sale (175,408) (183,907)
Proceeds from sales of mortgage loans held-for-sale 193,476 190,544
Net increase in equity securities (1,191) 0
Net increase in trading securities 0 (2,505)
Net increase in accrued interest receivable and other assets (14,725) (191,492)
Net decrease in accrued interest payables and other liabilities (1,949) (8,463)
Net cash provided by (used in) operating activities 189,841 (50,285)
Investing Activities    
Proceeds from maturities, repayments, and calls of securities available-for-sale 233,659 251,160
Proceeds from sales of securities available-for-sale 0 437,401
Purchases of securities available-for-sale (595,477) (289,244)
Proceeds from maturities, repayments, and calls of securities held-to-maturity 1,087 7,663
Purchases of securities held-to-maturity 0 (10)
Net purchases of FHLB stock (18,020) (7,330)
Net increase in loans (649,197) (392,384)
Premiums paid on BOLI, net of proceeds from claims 106 132
Proceeds from sales of OREO 12,951 17,460
Proceeds from sales of premises, furniture, and equipment 549 13,135
Purchases of premises, furniture, and equipment (20,738) (11,680)
Net cash received from acquisitions 0 41,717
Net cash (used in) provided by investing activities (1,035,080) 68,020
Financing Activities    
Net increase in deposit accounts 473,789 356,020
Net increase (decrease) in borrowed funds 358,662 (178,472)
Cash dividends paid (32,942) (26,852)
Restricted stock activity (4,241) (3,679)
Net cash provided by financing activities 795,268 147,017
Net (decrease) increase in cash and cash equivalents (49,971) 164,752
Cash and cash equivalents at beginning of period 346,570 262,148
Cash and cash equivalents at end of period 296,599 426,900
Supplemental Disclosures of Cash Flow Information:    
Income taxes (refunded) paid (7,001) 14,310
Interest paid to depositors and creditors 43,270 27,538
Dividends declared, but unpaid 11,250 10,184
Stock issued for acquisitions, net of issuance costs 0 534,090
Non-cash transfers of loans to OREO 4,026 3,770
Non-cash transfers of loans held-for-investment to loans held-for-sale 12,373 42,970
Non-cash transfer of trading securities and securities available-for-sale to equity securities $ 27,855 $ 0