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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash Flow From Operating Activities:    
Net income $ 76,313 $ 47,329
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 4,163 5,260
Depreciation and amortization 4,409 3,669
Change in deferred taxes 3,043 3,697
Share-based compensation 1,653 1,061
Loans originated for sale (178,913) (127,275)
Proceeds from sales of loans held for sale 186,556 136,014
Gains on sales of loans held for sale (2,473) (2,220)
Gains on sales of securities available for sale (2,731) (1,165)
Increase in cash surrender of life insurance (1,985) (1,715)
Gains on life insurance benefits (198) (2,154)
Change in interest receivable (1,400) (750)
Change in interest payable 417 123
Other adjustments (7,132) (4,379)
Net cash provided by operating activities 81,722 57,495
Cash Flows from Investing Activities:    
Net change in interest-bearing deposits (1,572) (23,554)
Purchases of:    
Securities available for sale (260,786) (104,956)
Securities held to maturity (30,220)
Proceeds from sales of securities available for sale 100,293 41,180
Proceeds from maturities of:    
Securities available for sale 36,124 32,838
Securities held to maturity 36,750 36,150
Change in Federal Home Loan Bank stock (763) 40
Net change in loans (337,800) (257,201)
Net cash and cash equivalents received in acquisition 48,528
Proceeds from the sale of other real estate owned 1,746 4,703
Proceeds from life insurance benefits 2,835 5,415
Other adjustments 3,082 (608)
Net cash used in investing activities (420,091) (247,685)
Net change in :    
Demand and savings deposits 291,984 127,901
Certificates of deposit and other time deposits 39,301 79,922
Borrowings 901,407 697,727
Repayment of borrowings (895,568) (688,153)
Cash dividends on common stock (19,808) (14,001)
Stock issued under employee benefit plans 344 246
Stock issued under dividend reinvestment and stock purchase plans 555 446
Stock options exercised 953 2,082
Stock redeemed (1,811) (1,257)
Net cash provided by financing activities 317,357 204,913
Net Change in Cash and Cash Equivalents (21,012) 14,723
Cash and Cash Equivalents at beginning of period 154,905 127,927
Cash and Cash Equivalents at end of period 133,893 142,650
Additional cash flow information:    
Interest paid 29,587 15,235
Income tax paid (refunded) 8,019 10,000
Loans transferred to other real estate owned 252 7,556
Non-cash investing activities using trade date accounting 210 7,759
In conjunction with the acquisitions, liabilities were assumed as follows:    
Fair value of assets acquired 338,725
Cash paid in acquisition (4)
Less: Common stock issued 82,588
Liabilities assumed $ 0 $ 256,133