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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Dec. 31, 2017
Operating activities:          
Net income $ 24,399 $ 14,741 $ 46,064 $ 29,853  
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation and amortization     6,099 3,967  
Provision for loan losses 1,733 1,322 3,730 1,516 $ 2,977
Stock based compensation expense     1,250 1,052  
Tax benefits associated with share based compensation     252 692  
Deferred Income Tax Expense (Benefit)     2,358 (540)  
Origination of loans held for sale     (186,777) (70,736)  
Proceeds from sales of loans held for sale     186,211 79,489  
(Gains)/ losses on sales of loans held for sale     (3,674) (1,443)  
(Gains) losses on sales of other real estate owned     106 (17)  
Investment securities gains 0 (1,273) (63) (1,275)  
Increase (Decrease) in Operating Capital [Abstract]          
Net (increase) decrease in accrued interest receivable     (1,211) (321)  
Net increase in other assets     (443) (1,506)  
Net increase (decrease) in accrued expenses and other liabilities     (2,239) (4,069)  
Other - net     2,712 3,605  
Net cash provided by operating activities     54,375 40,267  
Investing activities:          
Proceeds of other equity securities       4,681  
Purchases of investments held-to-maturity     (12,027)    
Purchases of investments available-for-sale     (497) (115,028)  
Proceeds from sales of investment available-for-sale     994 2,251  
Proceeds from maturities, calls and principal payments of investments held-to-maturity     0 0  
Proceeds from maturities, calls and principal payments of investments available-for-sale     52,798 70,361  
Net increase in loans     (315,872) (223,705)  
Proceeds from the sales of other real estate owned     676 759  
Proceeds from sales of loans held for investment     59,945 18,222  
Acquisition of business activity, net of cash paid     32,552 0  
Expenditures for premises and equipment     (6,788) (2,395)  
Net cash (used) in investing activities     (188,219) (244,854)  
Financing activities:          
Net increase in deposits     263,322 307,901  
Net increase/(decrease) in retail repurchase agreements and federal funds purchased     13,402 2,193  
Proceeds from advances from FHLB     3,920,000 2,220,000  
Repayment of advances from FHLB     (3,861,413) (2,340,000)  
Retirement of subordinated debt     0 (30,000)  
Proceeds from issuance of common stock     829 817  
Stock tendered for payment of withholding taxes     (760) (952)  
Repurchase of common stock     0 0  
Dividends paid     (19,268) (12,561)  
Net cash provided by financing activities     316,112 147,398  
Net increase (decrease) in cash and cash equivalents     182,268 (57,189)  
Cash and cash equivalents at beginning of period     112,500 134,125 134,125
Cash and cash equivalents at end of period $ 294,768 $ 76,936 294,768 76,936 $ 112,500
Supplemental Disclosures:          
Interest payments     26,587 12,391  
Income tax payments     11,598 16,287  
Transfer of Investments Held-to-maturity to Available For Sale Securities     0 0  
Transfer from loans to residential mortgage loans held for sale     60,043 18,053  
Transfers from loans to other real estate owned     $ 289 $ 288