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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net income $ 160,200 $ 106,500 $ 95,700
Adjustments to reconcile net income from operations to net cash provided by operating activities:      
Provision for loan losses 8,600 11,000 10,000
Net (gain) loss on disposal of property and equipment 0 200 600
Depreciation and amortization 27,600 18,400 19,500
Net premium amortization on investment securities 10,000 11,600 12,500
Net (gain) loss on investment securities transactions 100 (700) (300)
Realized and unrealized net gains on mortgage banking activities (23,000) (25,200) (26,800)
Net loss (gain) on sale of OREO (800) 100 (900)
Write-down of OREO and other assets pending disposal 100 400 800
Net (gain) on sale of Health Savings Accounts 0 (3,100) 0
Mortgage servicing rights recovery 0 (100) 0
Deferred income tax expense (benefit) 15,800 20,900 3,400
Net increase in cash surrender value of company-owned life insurance policies (5,000) (5,400) (4,500)
Stock-based compensation expense 5,600 3,900 4,400
Tax benefits from stock-based compensation 0 0 2,100
Excess tax benefits from stock-based compensation 0 0 (1,600)
Originations of mortgage loans held for sale (768,100) (815,000) (1,042,500)
Proceeds from sales of mortgage loans held for sale 798,400 860,100 1,054,500
Changes in operating assets and liabilities:      
(Increase) decrease in interest receivable (3,300) (600) (1,100)
Decrease (increase) in other assets (8,000) (6,100) (2,200)
Increase (decrease) in interest payable 2,200 200 400
Increase (decrease) in accounts payable and accrued expenses (200) (22,500) (6,000)
Net cash provided by operating activities 220,200 154,600 118,000
Purchases of investment securities:      
Held-to-maturity (2,000) (12,800) (18,200)
Available-for-sale (541,000) (614,300) (905,900)
Proceeds from maturities, pay-downs, calls and sales of investment securities:      
Held-to-maturity 79,300 97,400 112,600
Available-for-sale 460,000 426,200 814,600
Extensions of credit to customers, net of repayments (221,700) (99,700) (168,300)
Recoveries of loans charged-off 12,000 7,800 9,200
Proceeds from sales of OREO 9,100 5,900 5,300
Acquisition of intangible assets 0 (28,000) 0
Proceeds from the sale of Health Savings Accounts 0 6,100 0
Proceeds from sale of loan production office 0 0 900
Acquisition of bank and bank holding company, net of cash and cash equivalents received 28,100 91,800 18,600
Capital expenditures, net of proceeds from sales (6,100) (11,000) (11,900)
Net cash provided by (used in) investing activities (182,300) (130,600) (143,100)
Cash flows from financing activities:      
Net increase (decrease) in deposits 49,500 (110,200) 77,600
Net increase (decrease) in securities sold under repurchase agreements 69,400 105,400 8,900
Net increase (decrease) in other borrowed funds (26,100) 100 0
Repayments of long-term debt (7,100) 100 (100)
Advances on long-term debt 2,800 5,000 200
Proceeds from issuance of common stock 1,800 2,400 4,700
Excess tax benefits from stock-based compensation 0 0 1,600
Purchase and retirement of common stock (1,000) (1,300) (26,900)
Dividends paid to common stockholders (64,100) (48,600) (39,400)
Net cash used in financing activities 25,200 (47,100) 26,600
Net change in cash and cash equivalents 63,100 (23,100) 1,500
Cash and cash equivalents at beginning of period 758,900 782,000 780,500
Cash and cash equivalents at end of period 822,000 758,900 782,000
Supplemental disclosures of cash flow information:      
Cash paid during the period for income taxes (25,300) (28,800) (54,400)
Cash paid during the period for interest expense (38,700) (27,800) (17,200)
Supplemental disclosures of noncash investing and financing activities:      
Transfer from long-term debt to other borrowed funds 0 20,000 0
Transfer of loans to other real estate owned 12,100 5,200 7,600
Capitalization of internally originated mortgage servicing rights 6,100 5,600 5,800
Supplemental schedule of noncash investing activities from acquisitions:      
Investment securities available for sale 3,100 424,300 0
Investment securities held to maturity 0 57,300 0
Loans held for sale 0 10,300 0
Loans 713,100 2,079,300 0
Premises and equipment 14,000 47,700 0
Goodwill 101,100 231,900 0
Core deposit intangible 15,700 48,000 0
Mortgage servicing rights 0 3,500 0
Deferred tax assets 3,600 7,600 0
Interest receivable 9,500 57,000 0
Deferred tax assets 0 28,600 0
Other real estate owned 600 1,200 0
Other assets 6,200 31,600 0
Total noncash assets acquired 866,900 3,028,300 0
Deposits 696,300 2,669,000 0
Deferred tax liability 7,700 64,200 0
Noncash or Part Noncash Acquisition, Debt Assumed 7,000 0 0
Noncash or Part Noncash Acquisition, Other Liabilities Assumed 6,100 0 0
Noncash or Part Noncash Acquisition, Trust Preferred Securities Assumed 4,400 0 0
Noncash or Part Noncash Acquisition, Deferred Tax Liability 300 0 0
Total liabilities assumed $ (721,800) $ (2,733,200) $ 0