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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash Flow From Operating Activities:      
Net income $ 81,051 $ 65,384 $ 60,162
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses 5,657 417 2,560
Depreciation and amortization 7,161 6,262 6,007
Change in deferred taxes 8,611 4,444 15,048
Share-based compensation 2,600 2,270 2,177
Tax benefit from stock options exercised (107) (70) (60)
Loans originated for sale (354,265) (364,411) (222,892)
Proceeds from sales of Loans 367,148 367,377 225,158
Gains on sales of loans held for sale (5,918) (5,625) (4,170)
Gain on the sale of insurance subsidiary 8,265
Gain on cancellation of subordinated debentures (1,250)
Gains on sales of securities available for sale (3,389) (2,670) (3,581)
Change in interest receivable (1,779) (2,833) (545)
Change in interest payable 18 (162) 1,332
Other adjustments 72 (4,208) (5,356)
Net cash provided by operating activities 106,860 56,660 75,840
Cash Flows from Investing Activities:      
Net change in interest-bearing deposits 7,856 24,917 24,075
Purchases of:      
Securities available for sale (281,470) (200,154) (110,936)
Securities held to maturity (110,797) (87,282) (142,988)
Proceeds from sales of securities available for sale 167,186 83,647 126,575
Proceeds from maturities of:      
Securities available for sale 73,956 63,124 68,339
Securities held to maturity 119,052 98,581 69,420
Redemption (Purchase) of Federal Reserve and Federal Home Loan Bank stock 19,669 7,268 (413)
Net change in loans (452,781) (350,287) (170,109)
Net cash and cash equivalents received (paid) in acquisition (7,936) (10,084)
Net cash received from sale of insurance subsidiary 15,155
Proceeds from the sale of other real estate owned 9,974 12,567 14,241
Other investing activities (4,490) 9 5,889
Net cash used in investing activities (451,845) (340,391) (125,991)
Net change in :      
Demand and savings deposits 332,600 240,736 53,062
Certificates of deposit and other time deposits (66,920) (79,656) 127,740
Borrowings 1,107,795 491,660 678,290
Repayment of borrowings (982,449) (370,813) (789,563)
Cash dividends on common stock (22,203) (15,654) (10,694)
Stock issued under employee benefit plans 462 460 478
Stock issued under dividend reinvestment and stock purchase plans 835 661 523
Stock options exercised 2,495 1,461 504
Tax benefit from stock options exercised 107 70 60
Stock redeemed (1,980) (1,640) (1,067)
Net cash provided by financing activities 370,742 267,285 59,333
Net Change in Cash and Cash Equivalents 25,757 (16,446) 9,182
Cash and Cash Equivalents, beginning of the year 102,170 118,616 109,434
Cash and Cash Equivalents, end of year 127,927 102,170 118,616
Additional cash flow information:      
Interest paid 26,821 24,903 20,412
Income tax paid 11,999 21,200 6,209
Loans transferred to other real estate owned 1,684 3,644 4,431
Fixed assets transferred to other real estate owned 360 1,600 297
Non-cash investing activities using trade date accounting 14,179 1,559 3,170
Liabilities assumed in conjunction with acquisitions      
Fair value of assets acquired 0 635,047 280,725
Cash received (paid) in acquisition (14,500) (14,208)
Less: Common stock issued 70,402 34,981
Liabilities assumed $ 0 $ 550,145 $ 231,536