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Consolidated Statements of Cash Flow (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 42,520 $ 22,608
Adjustments to reconcile to net cash provided by operating activities:    
Provision for credit losses   19,583
Depreciation and amortization 4,670 4,455
Net amortization of securities premiums and discounts 369 (461)
Realized securities gains (95) (50)
Gain on sales of loans (2,010) (781)
Cash receipts from the sale of loans originated for sale 114,517 56,879
Cash disbursements for loans originated for sale (98,043) (61,258)
Deferred income tax benefit (738) (1,211)
Gain on sale of other assets (2,584) (2,183)
Decrease in interest receivable 235 196
Decrease in interest payable (329) (543)
Amortization of stock-based compensation arrangements 576 426
Excess tax benefit from stock-based compensation arrangements (1,551) (95)
Other, net 10,833 (2,302)
Net cash provided by operating activities 68,370 35,263
INVESTING ACTIVITIES    
Net cash received from acquisitions, net of cash paid   18,397
Net cash paid from sale of assets and liabilities, net of cash received (13,733)  
Net increase in federal funds sold   1,000
Purchases of held for investment debt securities   (295)
Purchases of available for sale debt securities (210,662) (234,059)
Proceeds from maturities, calls and paydowns of held for investment debt securities 7 237
Proceeds from maturities, calls and paydowns of available for sale debt securities 243,597 142,818
Purchase of equity securities (171) (39)
Proceeds from paydowns and sales of equity securities 194 408
Net change in loans 32,053 (308,102)
Purchases of premises, equipment and computer software (7,718) (11,349)
Purchase of tax credits (1,262) (219)
Other, net 2,858 4,988
Net cash provided by (used in) investing activities 45,163 (386,215)
FINANCING ACTIVITIES    
Net change in deposits 1,344,608 44,559
Net change in short-term borrowings 2,650 300
Issuance of common stock in connection with stock options, net 1,309 232
Common stock acquired   (3,098)
Net cash settlement of options (5,479)  
Cash dividends paid (11,125) (10,462)
Net cash provided by financing activities 1,331,963 31,531
Net increase/(decrease) in cash, due from banks and interest-bearing deposits 1,445,496 (319,421)
Cash, due from banks and interest-bearing deposits at the beginning of the period 1,616,912 1,868,281
Cash, due from banks and interest-bearing deposits at the end of the period 3,062,408 1,548,860
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash paid during the period for interest 3,155 10,410
Cash paid during the period for income taxes 1,300 1,175
Noncash investing and financing activities:    
Fair value of assets acquired in acquisitions   47,838
Liabilities assumed in acquisitions   45,040
Unpaid common stock dividends declared $ 11,134 $ 10,463