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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income $ 51,691 $ 39,227 $ 20,539
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses 5,700 1,800 14,050
Depreciation and amortization of premises and equipment 4,253 3,822 3,827
Net (accretion) and other amortization (1,375) (2,093) (7,936)
Net amortization on securities 4,365 4,009 6,361
Increase in cash surrender value of bank owned life insurance (2,230) (2,219) (2,250)
Amortization of intangible assets 787 917 1,047
Share based compensation expense 3,692 3,487 2,585
Net securities (gains) losses (201) 7,921 (38)
Decrease (increase) in accrued interest receivable 328 416 (1,419)
SBA loans originated for sale (27,419) (28,340) (18,596)
Proceeds from sale of the guaranteed portion of SBA loans 29,922 30,898 20,667
Gain on sale of the guaranteed portion of SBA loans (1,984) (2,078) (1,689)
(Gain) loss on sale of loans   (441) 58
Decrease (increase) in other assets 3,942 (2,373) 5,426
(Decrease) increase in accrued expenses and other liabilities (1,509) 3,430 4,194
Net cash provided by operating activities 69,962 58,383 46,826
Cash flows from investing activities:      
Purchases of securities available for sale (141,297) (255,746) (116,956)
Purchases of securities, restricted (97,206) (505,272) (654,017)
Purchases of securities held to maturity   (1,000) (4,128)
Proceeds from sales of securities available for sale 46,478 230,372 52,367
Redemption of securities, restricted 88,355 516,593 653,411
Maturities, calls and principal payments of securities available for sale 149,456 92,818 118,092
Maturities, calls and principal payments of securities held to maturity 25,642 20,851 45,334
Net increase in loans (421,024) (213,973) (526,989)
Proceeds from loan sale   40,133 23,171
Proceeds from sales of other real estate owned ("OREO"), net 297    
Purchase of premises and equipment (3,307) (5,325) (2,069)
Net cash used in investing activities (352,606) (80,549) (411,784)
Cash flows from financing activities:      
Net (decrease) increase in deposits (71,728) 551,891 408,597
Net decrease in federal funds purchased   (50,000) (50,000)
Net increase (decrease) in FHLB advances 194,568 (260,855) 5,056
Repayment of junior subordinated debentures     (352)
Net increase (decrease) in repurchase agreements 460 (338) 203
Net proceeds from issuance of common stock 1,102 1,017 951
Purchase of treasury stock (625)    
Repurchase of surrendered stock from vesting of stock plans (887) (586) (350)
Cash dividends paid (18,420) (18,342) (18,238)
Net cash used in financing activities 104,470 222,787 345,867
Net (decrease) increase in cash and cash equivalents (178,174) 200,621 (19,091)
Cash and cash equivalents at beginning of period 295,368 94,747 113,838
Cash and cash equivalents at end of period 117,194 295,368 94,747
Cash paid for:      
Interest 39,395 32,254 22,917
Income taxes 9,158 2,474 8,445
Non-cash investing and financing activities:      
Transfers from portfolio loans to loans held for sale $ 12,643    
Conversion of junior subordinated debentures     $ 15,350
Transfers from portfolio loans to other real estate owned   $ 175