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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating activities:    
Net income $ 84,712 $ 43,448
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 7,959 7,775
Amortization of intangible assets 9,353 7,031
Net accretion on securities, loans and borrowings (4,784) (2,345)
Stock-based compensation 3,396 2,730
Provision for loan losses 6,127 3,289
Amortization of mortgage servicing rights 229 248
Income from bank-owned life insurance policies (784) (746)
Net (gain) loss on sale of loans and other assets (146) 257
Change in other assets and other liabilities 5,558 30,397
Net cash provided by operating activities 111,620 92,084
Investing activities:    
Proceeds from maturities of available-for-sale investment securities 69,637 73,770
Proceeds from maturities of other investment securities 7,408 10,006
Purchases of available-for-sale investment securities (31,669) (34,842)
Purchases of other securities (21) (1,447)
Net change in loans 13,647 70,094
Cash paid for acquisitions, net of cash acquired of $16 and $51,793, respectively (1,737) (105,402)
Settlement of bank-owned life insurance policies 0 1,779
Purchases of premises and equipment, net (5,298) (5,390)
Net cash provided by investing activities 51,967 8,568
Financing activities:    
Net increase in deposits 69,573 101,243
Net change in borrowings (179,297) (134,838)
Issuance of common stock 4,644 2,829
Purchases of treasury stock (150) (3,078)
Sales of treasury stock 6,174 6,169
Increase in deferred compensation arrangements 150 3,078
Cash dividends paid (34,611) (28,849)
Withholding taxes paid on share-based compensation (954) (1,368)
Net cash used in financing activities (134,471) (54,814)
Change in cash and cash equivalents 29,116 45,838
Cash and cash equivalents at beginning of period 221,038 173,857
Cash and cash equivalents at end of period 250,154 219,695
Supplemental disclosures of cash flow information:    
Cash paid for interest 7,896 6,010
Cash paid for income taxes 12,681 20,154
Supplemental disclosures of noncash financing and investing activities:    
Dividends declared and unpaid 17,547 16,331
Transfers from loans to other real estate 1,845 2,048
Acquisitions:    
Common stock issued 0 340,737
Fair value of assets acquired, excluding acquired cash and intangibles 115 1,960,935
Fair value of liabilities assumed $ 31 $ 1,869,876