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Consolidated Statements of Cash Flow - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 99,586 $ 134,879 $ 125,814
Adjustments to reconcile to net cash provided by operating activities:      
Provision for credit losses 62,648 8,287 3,802
Depreciation and amortization 18,424 15,989 13,546
Net amortization of securities premiums and discounts (94) (4,282) (421)
Realized securities losses (gains) 389 (812) (47)
Gain on sales of loans (6,067) (3,619) (2,902)
Cash receipts from the sale of loans originated for sale 415,589 238,324 187,461
Cash disbursements for loans originated for sale (430,653) (237,543) (186,632)
Deferred income tax (benefit) provision (9,491) 1,148 3,155
Gain on other assets (2,345) (1,372) (596)
(Increase)/decrease in interest receivable (325) 887 (3,390)
(Decrease)/increase in interest payable (1,641) (17) 1,179
Amortization of stock-based compensation arrangements 1,516 1,277 1,352
Excess tax benefit from stock-based compensation arrangements (500) (928) (1,112)
Other, net 7,305 6,740 (1,199)
Net cash provided by operating activities 154,341 158,958 140,010
INVESTING ACTIVITIES      
Net cash received from acquisitions, net of cash paid 18,397 77,672 6,248
Net decrease/(increase) in federal funds sold 1,000 (1,000) 23,548
Purchases of held for investment debt securities (1,395) (1,010) (225)
Purchases of available for sale debt securities (605,069) (174,090) (465,684)
Proceeds from maturities, calls and paydowns of held for investment debt securities 561 535 1,089
Proceeds from maturities, calls and paydowns of available for sale debt securities 547,729 508,293 126,909
Proceeds from sales of available for sale debt securities     31,285
Purchase of equity securities (811) (3,966) (3,190)
Proceeds from paydowns and sales of equity securities 445 2,178 1,484
Net change in loans (798,024) (310,053) 49,354
Purchases of premises, equipment and computer software (66,446) (27,054) (51,863)
Purchase of tax credits (2,200) (29,025) (8,864)
Other, net 7,820 7,867 (3,890)
Net cash (used in) provided by investing activities (897,993) 50,347 (293,799)
FINANCING ACTIVITIES      
Net change in deposits 536,063 274,218 (139,510)
Net change in short-term borrowings   (575) 775
Proceeds from long-term borrowings 3,000    
Paydown of long-term borrowings (3,000)    
Issuance of common stock in connection with stock options, net 1,790 2,484 2,238
Common stock acquired (3,098) (1,601) (7,914)
Redemption of Junior Subordinated debentures     (5,155)
Cash dividends paid (42,472) (39,805) (30,265)
Net cash provided by (used in) financing activities 492,283 234,721 (179,831)
Net (decrease)/increase in cash, due from banks and interest-bearing deposits (251,369) 444,026 (333,620)
Cash, due from banks and interest-bearing deposits at the beginning of the period 1,868,281 1,424,255 1,757,875
Cash, due from banks and interest-bearing deposits at the end of the period 1,616,912 1,868,281 1,424,255
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:      
Cash paid during the period for interest 22,056 54,602 41,549
Cash paid during the period for income taxes 26,525 30,975 27,952
Noncash investing and financing activities:      
Stock issued in acquisitions     39,498
Cash consideration for acquisitions 2,861 123,457 24,722
Fair value of assets acquired in acquisitions 47,838 729,378 377,320
Liabilities assumed in acquisitions 45,040 605,921 338,860
Unpaid common stock dividends declared $ 11,125 $ 10,453 $ 9,826