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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash Flows From Operating Activities    
Net income $ 21,259,000 $ 24,361,000
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for loan and lease losses 5,254,000 1,209,000
Stock-based compensation expense 1,180,000 862,000
Depreciation, amortization and accretion 10,798,000 7,735,000
Investment securities gain, net 373,000 721,000
Net realized (gain) loss on sale of other assets 106,000 (306,000)
Net gain on sale and valuation adjustments of OREO [1] (90,000) 1,539,000
Payments for Origination and Purchases of Loans Held-for-sale [1] (19,174,000) (14,890,000)
Proceeds from Sale of Loans Held-for-sale [1] 20,002,000 12,461,000
Net change in:    
Interest receivable (1,427,000) (1,286,000)
Interest payable (55,000) (79,000)
Other assets (3,731,000) (4,531,000)
Other liabilities (4,619,000) 3,680,000
Net cash provided by operating activities 29,310,000 26,956,000
Cash Flows From Investing Activities    
Loans originated and acquired, net of principal collected (64,056,000) (12,443,000)
Purchases of securities available for sale (95,686,000) (11,362,000)
Purchases of premises and equipment (445,000) (4,032,000)
Payments to Acquire Federal Home Loan Bank Stock (10,520,000) 0
Proceeds from FDIC for reimbursement on loss-sharing asset 258,000 1,138,000
Proceeds from sales of securities available for sale 38,876,000 57,243,000
Proceeds from principal repayments and maturities of securities available for sale 52,422,000 54,451,000
Proceeds from Sales of Assets, Investing Activities 1,911,000 7,384,000
Proceeds from Sale of Federal Home Loan Bank Stock [1] 13,001,000 361,000
Proceeds from sales of other real estate and other personal property owned [1] 1,326,000 5,067,000
Payments to FDIC related to loss-sharing asset (611,000) (479,000)
Net cash provided by (used in) investing activities (63,524,000) 97,328,000
Cash Flows From Financing Activities    
Net increase in deposits 158,120,000 150,243,000
Net decrease in sweep repurchase agreements (25,860,000) (8,228,000)
Proceeds from Federal Home Loan Bank advances 165,000,000 624,000,000
Proceeds from exercise of stock options 598,000 428,000
Repayment of Federal Home Loan Bank advances (227,000,000) (804,000,000)
Payment of common stock dividends (21,943,000) (17,236,000)
Payments of Ordinary Dividends, Preferred Stock and Preference Stock (39,000) (31,000)
Repayments of Subordinated Debt 0 8,248,000
Purchase and retirement of common stock 1,033,000 781,000
Net cash provided by (used in) financing activities 47,843,000 (63,853,000)
Increase in cash and cash equivalents 13,629,000 60,431,000
Cash and cash equivalents at beginning of period 175,302,000 188,170,000
Cash and cash equivalents at end of period 188,931,000 248,601,000
Supplemental Information:    
Cash paid for interest 1,059,000 1,132,000
Cash paid for income tax 6,350,000 13,000
Non-cash investing and financing activities    
Loans transferred to other real estate owned $ 105,000 $ 4,692,000
[1] Reclassified to conform to the current period’s presentation. There were no changes to cash flows from operating, investing, or financing activities as a result of these reclassifications.