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Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating Activities    
Net income $ 66,293,000 $ 147,617,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 88,108,000 34,433,000
Depreciation of premises, furniture, and equipment 12,540,000 12,182,000
Net amortization of premium on securities 16,203,000 11,897,000
Net securities gains (13,323,000) 0
Gains on sales of 1-4 family mortgages and corporate loans held-for-sale (14,091,000) (6,327,000)
Net losses (gains) on sales and valuation adjustments of OREO 221,000 (2,358,000)
Amortization of the FDIC indemnification asset 892,000 906,000
Net losses on sales and valuation adjustments of premises, furniture, and equipment 9,033,000 1,226,000
BOLI income (5,503,000) (5,597,000)
Share-based compensation expense 11,242,000 10,018,000
Tax benefit related to share-based compensation 271,000 311,000
Amortization of other intangible assets 8,400,000 7,737,000
Originations of mortgage loans held-for-sale (592,196,000) (335,903,000)
Proceeds from sales of mortgage loans held-for-sale 551,105,000 297,967,000
Net increase in equity securities (12,885,000) (2,951,000)
Net (increase) decrease in accrued interest receivable and other assets (111,925,000) 1,244,000
Net increase (decrease) in accrued interest payables and other liabilities 80,487,000 (22,628,000)
Net cash provided by operating activities 94,872,000 149,774,000
Investing Activities    
Proceeds from maturities, repayments, and calls of securities available-for-sale 986,145,000 305,973,000
Proceeds from sales of securities available-for-sale 281,869,000 93,332,000
Purchases of securities available-for-sale (1,499,176,000) (703,216,000)
Proceeds from maturities, repayments, and calls of securities held-to-maturity 9,934,000 3,873,000
Purchases of securities held-to-maturity (10,050,000) (2,837,000)
Net purchases of FHLB stock (22,711,000) (31,062,000)
Net increase in loans (1,078,458,000) (655,871,000)
Premiums paid on BOLI, net of proceeds from claims 3,922,000 4,720,000
Proceeds from sales of OREO 3,709,000 9,430,000
Proceeds from sales of premises, furniture, and equipment 1,132,000 2,538,000
Purchases of premises, furniture, and equipment (7,680,000) (13,540,000)
Net cash received from (paid for) acquisition 142,282,000 (13,532,000)
Net cash used in investing activities (1,189,082,000) (1,000,192,000)
Financing Activities    
Net increase in deposit accounts 1,570,219,000 370,061,000
Net increase in borrowed funds 286,890,000 745,665,000
Swap termination costs (14,285,000) 0
Net proceeds from the issuance of preferred stock 221,047,000 0
Repurchases of common stock (22,557,000) (33,928,000)
Cash dividends paid (52,522,000) (41,138,000)
Restricted stock activity (3,063,000) (3,833,000)
Net cash provided by financing activities 1,985,729,000 1,036,827,000
Net increase in cash and cash equivalents 891,519,000 186,409,000
Cash and cash equivalents at beginning of period 299,221,000 289,258,000
Cash and cash equivalents at end of period 1,190,740,000 475,667,000
Supplemental Disclosures of Cash Flow Information:    
Income taxes paid 40,012,000 29,331,000
Interest paid to depositors and creditors 65,198,000 80,017,000
Dividends declared, but unpaid 15,859,000 15,281,000
Stock issued for acquisitions, net of issuance costs 71,883,000 101,496,000
Non-cash transfers of loans to OREO 121,000 519,000
Non-cash transfers of loans to other assets 0 13,175,000
Non-cash transfer of loans held-for-sale to loans held-for-investment (243,000)  
Non-cash transfers of loans held-for-investment to loans held-for-sale   9,444,000
Non-cash recognition of right-of-use asset/liability $ 0 $ 143,561,000