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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 51,313 $ 29,818
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 4,691 3,961
Amortization of premiums and discounts on securities, net 2,567 2,864
Other amortization and accretion, net 185 (346)
Stock based compensation 5,603 3,787
Origination of loans designated for sale (225,929) (164,878)
Sale of loans designated for sale 239,316 161,587
Provision for loan losses 9,388 3,385
Deferred income taxes 5,675 15,077
Losses on sale of securities 0 26
Gains on sale of loans (7,752) (5,160)
Gains on sale and write-downs of other real estate owned (12) (657)
Losses on disposition of fixed assets 216 1,973
Changes in operating assets and liabilities, net of effects from acquired companies:    
Net decrease (increase) in other assets 17,281 (419)
Net increase (decrease) in other liabilities 3,644 (2,575)
Net cash provided by operating activities 106,186 48,443
CASH FLOWS FROM INVESTING ACTIVITIES    
Maturities and repayments of debt securities available for sale 107,728 176,978
Maturities and repayments of debt securities held to maturity 48,945 64,984
Proceeds from sale of debt securities available for sale 0 7,525
Purchases of debt securities available for sale (104,650) (223,805)
Purchases of debt securities held to maturity 0 (67,563)
Maturities of time deposits with other banks 2,740 2,682
Net new loans and principal repayments (225,570) (277,142)
Purchase of loans held for investment (19,541) (55,352)
Proceeds from the sale of portfolio loans 0 74,211
Proceeds from the sale of other real estate owned 9,260 5,123
Proceeds from sale of FHLB and Federal Reserve Bank Stock 28,751 29,984
Purchase of FHLB and Federal Reserve Bank Stock (33,681) (32,398)
Purchase of VISA Class B stock 0 (6,180)
Redemption of bank owned life insurance 4,232 0
Purchase of bank owned life insurance 0 (30,000)
Net cash from bank acquisition 0 30,225
Additions to bank premises and equipment (3,557) (4,247)
Net cash used in investing activities (185,343) (304,975)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in deposits 50,790 304,005
Net decrease in federal funds purchased and repurchase agreements (27,059) (62,049)
Net increase (decrease) in FHLB borrowings 50,000 (26,000)
Issuance of common stock, net of related expense 0 55,641
Stock based employee benefit plans 1,016 569
Dividends paid 0 0
Net cash provided by financing activities 74,747 272,166
Net increase (decrease) in cash and cash equivalents (4,410) 15,634
Cash and cash equivalents at beginning of period 109,504 109,644
Cash and cash equivalents at end of period 105,094 125,278
Supplemental disclosure of non cash investing activities:    
Transfers from loans to other real estate owned 4,271 448
Transfers from bank premises to other real estate owned 2,052 1,212
Transfers from loans held for investment to loans held for sale $ 0 $ 5,664