Parent Holding Company Information (Condensed) (Tables)

12 Months Ended

Dec. 31, 2017



(Dollars in thousands)	December 31, 2017			December 31, 2016
Assets
Cash on hand and in banks	$	9,304		5,906
Interest bearing cash deposits	38,420			57,700
Cash and cash equivalents	47,724			63,606
Investment securities, available-for-sale	—			36
Other assets	8,871			10,764
Investment in subsidiaries	1,281,392			1,201,667
Total assets	$	1,337,987		1,276,073
Liabilities and Stockholders’ Equity
Dividends payable	$	265		23,137
Subordinated debentures	126,135			125,991
Other liabilities	12,530			10,076
Total liabilities	138,930			159,204
Common stock	780			765
Paid-in capital	797,997			749,107
Retained earnings	402,259			374,379
Accumulated other comprehensive loss	(1,979		)	(7,382	)
Total stockholders’ equity	1,199,057			1,116,869
Total liabilities and stockholders’ equity	$	1,337,987		1,276,073



	Years ended
(Dollars in thousands)	December 31, 2017		December 31, 2016	December 31, 2015
Income
Dividends from subsidiaries	$	119,000	108,350	109,000
Gain on sale of investments	3		—	—
Intercompany charges for services	14,299		12,248	10,562
Other income	225		311	196
Total income	133,527		120,909	119,758
Expenses
Compensation and employee benefits	17,864		15,665	13,205
Other operating expenses	10,425		7,701	7,313
Total expenses	28,289		23,366	20,518
Income before income tax benefit and equity in undistributed net income of subsidiaries	105,238		97,543	99,240
Income tax benefit	2,983		4,040	3,105
Income before equity in undistributed net income of subsidiaries	108,221		101,583	102,345
Equity in undistributed net income of subsidiaries	8,156		19,548	13,782
Net Income	$	116,377	121,131	116,127
Comprehensive Income	$	122,131	111,760	100,372



	Years ended
(Dollars in thousands)	December 31, 2017			December 31, 2016		December 31, 2015
Operating Activities
Net income	$	116,377		121,131		116,127
Adjustments to reconcile net income to net cash provided by operating activities:
Subsidiary income in excess of dividends distributed	(8,156		)	(19,548	)	(13,782	)
Amortization of purchase accounting adjustments	143			143		143
Gain on sale of investments	(3		)	—		—
Stock-based compensation, net of tax benefits	1,460			804		695
Net change in other assets and other liabilities	5,051			(297	)	118
Net cash provided by operating activities	114,872			102,233		103,301
Investing Activities
Sales of available-for-sale securities	27			—		—
Net (increase) decrease of premises and equipment	(79		)	771		(1,405	)
Proceeds from sale of non-marketable equity securities	114			55		22
Equity contributions to subsidiaries	(17,565		)	(3,475	)	(28,457	)
Net cash used in by investing activities	(17,503		)	(2,649	)	(29,840	)
Financing Activities
Cash dividends paid	(111,720		)	(84,040	)	(79,456	)
Tax withholding payments for stock-based compensation	(1,531		)	(600	)	(489	)
Net cash used in financing activities	(113,251		)	(84,640	)	(79,945	)
Net (decrease) increase in cash and cash equivalents	(15,882		)	14,944		(6,484	)
Cash and cash equivalents at beginning of year	63,606			48,662		55,146
Cash and cash equivalents at end of year	$	47,724		63,606		48,662