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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Operating activities:          
Net income $ 28,276 $ 24,399 $ 58,593 $ 46,064  
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation and amortization     6,724 6,099  
Provision for loan losses 1,633 1,733 1,505 3,730 $ 9,023
Stock based compensation expense     1,473 1,250  
Tax benefits associated with share based compensation     57 252  
Deferred Income Tax Expense (Benefit)     1,795 2,358  
Origination of loans held for sale     (299,401) (186,777)  
Proceeds from sales of loans held for sale     278,290 186,211  
Gains on sales of loans held for sale     (6,627) (3,674)  
Losses on sales of other real estate owned     173 106  
Investment securities gains (5) 0 (5) (63)  
Increase (Decrease) in Operating Capital [Abstract]          
Net (increase) decrease in accrued interest receivable     (1,540) (1,211)  
Net decrease (increase) in other assets     (4,880) (443)  
Net increase (decrease) in accrued expenses and other liabilities     (6,126) (2,239)  
Other - net     1,162 2,712  
Net cash provided by operating activities     31,193 54,375  
Investing activities:          
(Purchases) of other equity securities       (12,027)  
Proceeds from other equity securities     18,699    
Purchases of investments available-for-sale     (15,919) (497)  
Proceeds from sales of investment available-for-sale     0 994  
Proceeds from maturities, calls and principal payments of investments available-for-sale     66,887 52,798  
Net (increase)/ decrease in loans     19,979 (315,872)  
Proceeds from the sales of other real estate owned     324 676  
Proceeds from sales of loans previously held for investment     0 59,945  
Acquisition of business activity, net of cash paid     0 32,552  
Expenditures for premises and equipment     (2,456) (6,788)  
Net cash provided/ (used) by investing activities     87,514 (188,219)  
Financing activities:          
Net increase in deposits     474,869 263,322  
Net increase/(decrease) in retail repurchase agreements and federal funds purchased     (176,825) 13,402  
Proceeds from advances from FHLB     2,123,000 3,920,000  
Repayment of advances from FHLB     (2,388,843) (3,861,413)  
Proceeds from issuance of common stock     746 829  
Stock tendered for payment of withholding taxes     (702) (760)  
Dividends paid     (20,757) (19,268)  
Net cash provided/ (used) by financing activities     11,488 316,112  
Net increase (decrease) in cash and cash equivalents     130,195 182,268  
Cash and cash equivalents at beginning of period     101,481 112,500 112,500
Cash and cash equivalents at end of period $ 231,676 $ 294,768 231,676 294,768 $ 101,481
Supplemental Disclosures:          
Interest payments     43,348 26,587  
Income tax payments     18,629 11,598  
Transfer from loans to residential mortgage loans held for sale     0 60,043  
Transfers from loans to other real estate owned     $ 414 $ 289