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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating Activities    
Net income $ 93,072 $ 63,110
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 21,935 26,795
Depreciation of premises, furniture, and equipment 8,093 7,584
Net amortization of premium on securities 6,609 7,738
Gains on sales of 1-4 family mortgages and corporate loans held-for-sale (3,391) (3,134)
Net (gains) losses on sales and valuation adjustments of OREO (1,169) 493
Amortization of the FDIC indemnification asset 604 604
Net losses on sales and valuation adjustments of premises, furniture, and equipment 1,252 5,449
BOLI income (3,645) (2,877)
Share-based compensation expense 6,863 6,196
Tax benefit related to share-based compensation 160 158
Amortization of other intangible assets 4,987 3,596
Originations of mortgage loans held-for-sale (164,398) (114,142)
Proceeds from sales of mortgage loans held-for-sale 154,191 130,900
Net increase in equity securities (2,918) (586)
Net decrease in accrued interest receivable and other assets 19,027 8,072
Net (decrease) increase in accrued interest payables and other liabilities (36,151) 16,100
Net cash provided by operating activities 105,121 156,056
Investing Activities    
Proceeds from maturities, repayments, and calls of securities available-for-sale 167,502 154,136
Proceeds from sales of securities available-for-sale 93,332 0
Purchases of securities available-for-sale (460,066) (462,071)
Proceeds from maturities, repayments, and calls of securities held-to-maturity 3,162 718
Purchases of securities held-to-maturity (2,837) 0
Net purchases of FHLB stock (27,683) (13,070)
Net increase in loans (394,713) (479,514)
Premiums paid on BOLI, net of proceeds from claims 3,260 113
Proceeds from sales of OREO 5,236 8,638
Proceeds from sales of premises, furniture, and equipment 2,291 150
Purchases of premises, furniture, and equipment (10,360) (16,891)
Net cash paid for acquisition (13,532) 0
Net cash used in investing activities (634,408) (807,791)
Financing Activities    
Net increase in deposit accounts 117,722 438,938
Net increase in borrowed funds 499,553 266,160
Purchase of treasury stock (21,190) 0
Cash dividends paid (25,636) (21,619)
Restricted stock activity (3,770) (4,047)
Net cash provided by financing activities 566,679 679,432
Net increase in cash and cash equivalents 37,392 27,697
Cash and cash equivalents at beginning of period 289,258 346,570
Cash and cash equivalents at end of period 326,650 374,267
Supplemental Disclosures of Cash Flow Information:    
Income taxes paid (refunded) 16,948 (18,898)
Interest paid to depositors and creditors 47,750 25,056
Dividends declared, but unpaid 15,377 11,248
Stock issued for acquisitions, net of issuance costs 101,496 0
Non-cash transfers of loans to OREO 322 1,172
Non-cash transfers of loans to other assets 13,175 0
Non-cash transfers of loans held-for-investment to loans held-for-sale 4,762 9,546
Non-cash transfer of trading securities and securities available-for-sale to equity securities 0 $ 27,855
Non-cash recognition of right-of-use asset/liability $ 143,561