Condensed Financial Information (parent company only) (Tables)

12 Months Ended

Dec. 31, 2017

Condensed Balance Sheets



	December 31, 2017		December 31, 2016
Assets
Cash	$	31,527	$	31,944
Investment in subsidiaries	1,411,360		978,291
Investment securities	31		18,765
Premises and equipment	1,252		1,260
Interest receivable	5		47
Goodwill	448		448
Cash surrender value of life insurance	787		1,082
Tax asset, deferred and receivable			521
Other assets	3,480		5,274
Total assets	$	1,448,890	$	1,037,632
Liabilities
Subordinated debentures and term loans	$	138,241	$	127,427
Interest payable	968		880
Other liabilities	6,218		7,668
Total liabilities	145,427		135,975
Stockholders' equity	1,303,463		901,657
Total liabilities and stockholders' equity	$	1,448,890	$	1,037,632

Condensed Statements of Income and Comprehensive Income



	December 31, 2017			December 31, 2016			December 31, 2015
Income
Dividends from subsidiaries	$	33,014		$	33,546		$	39,032
Gain on the sale of insurance subsidiary							8,265
Gain on cancellation of subordinated debentures							1,250
Loss on sale of available for sale securities	(50		)
Other income	350			143			197
Total income	33,314			33,689			48,744
Expenses
Interest expense	7,572			7,185			6,661
Salaries and employee benefits	4,118			639			3,023
Net occupancy and equipment expenses	797			832			464
Other outside services	1,810			967			1,455
Professional services	442			279			636
Other expenses	(385		)	(470		)	1,234
Total expenses	14,354			9,432			13,473
Income before income tax benefit (expense) and equity in undistributed income of subsidiaries	18,960			24,257			35,271
Income tax benefit (expense)	5,946			3,243			(974		)
Income before equity in undistributed income of subsidiaries	24,906			27,500			34,297
Equity in undistributed income of subsidiaries	71,164			53,551			31,087
Net income available to common stockholders	$	96,070		$	81,051		$	65,384

Net income	$	96,070		$	81,051		$	65,384
Other comprehensive income (loss)	10,673			(12,219		)	268
Comprehensive income	$	106,743		$	68,832		$	65,652

Condensed Statement of Cash Flows



	Year Ended December 31,
	2017			2016			2015
Cash Flow From Operating Activities:
Net income	$	96,070		$	81,051		$	65,384
Adjustments to Reconcile Net Income to Net Cash:
Share-based compensation	1,215			1,166			843
Distributions in excess of (equity in undistributed) income of subsidiaries	(71,164		)	(53,551		)	(31,087		)
Gain on sale of insurance subsidiary							(8,265		)
Gain on cancellation of subordinated debentures							(1,250		)
Loss on sale of available for sale securities	50
Net Change in:
Other assets	3,358			833			(441		)
Other liabilities	(1,900		)	849			(1,486		)
Investment in subsidiaries - operating activities	1,112			(1,938		)	197
Net cash provided by operating activities	28,741			28,410			23,895
Cash Flow From Investing Activities:
Purchase of securities available for sale				(19,804		)
Net cash received (paid) in acquisition	37						(14,500		)
Proceeds from business divestitures							16,000
Other							575
Net cash provided (used) in investing activities	37			(19,804		)	2,075
Cash Flow From Financing Activities:
Cash dividends	(31,820		)	(22,203		)	(15,654		)
Repayment of borrowings							(3,750		)
Stock issued under employee benefit plans	519			462			460
Stock issued under dividend reinvestment and stock purchase plan	991			835			661
Stock options exercised	2,398			2,602			1,531
Stock redeemed	(1,283		)	(1,980		)	(1,640		)
Net cash used by financing activities	(29,195		)	(20,284		)	(18,392		)
Cash, beginning of the year	31,944			43,622			36,044
Cash, end of year	$	31,527		$	31,944		$	43,622