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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Gain (Loss) on Sale of Insurance Block $ 0 $ (1,514)
Repayments of junior subordinated debt 8,248 0
Cash Flows From Operating Activities    
Net income 39,970 29,199
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for loan and lease losses 5,852 2,775
Stock-based compensation expense 2,064 2,358
Depreciation, amortization and accretion 7,618 6,074
Investment securities gains, net 22 0
Net realized (gain) loss on sale of premises and equipment, loans held for investment and other assets (630) 55
Net realized loss on sale and valuation adjustments of other real estate owned 135 204
Originations of loans held for sale 27,553 31,295
Proceeds from sales of loans held for sale 29,007 33,896
Net change in:    
Interest receivable (914) (1,271)
Interest payable 452 (9)
Other assets 2,530 (650)
Other liabilities (15,014) (3,841)
Net cash provided by operating activities 43,495 35,981
Cash Flows From Investing Activities    
Loans originated and acquired, net of principal collected 17,688 (21,936)
Purchases of securities available for sale (27,497) (108,958)
Purchases of premises and equipment (2,099) (336)
Payments to Acquire Federal Home Loan Bank Stock (45,080) (31,400)
Proceeds from FDIC for reimbursement on loss-sharing asset 0 26
Proceeds from sales of securities available for sale 19,761 0
Proceeds from principal repayments and maturities of securities available for sale 82,643 55,369
Proceeds from Sales of Assets, Investing Activities 3,721 6,893
Proceeds from Sale of Federal Home Loan Bank Stock 43,880 31,040
Proceeds from sales of other real estate and other personal property owned 2,062 1,275
Payments to FDIC related to loss-sharing asset 0 (210)
Net cash provided by (used in) investing activities 95,079 (68,237)
Cash Flows From Financing Activities    
Net (decrease) increase in deposits (136,466) 29,433
Net decrease in sweep repurchase agreements (54,812) (33,908)
Proceeds from Federal Home Loan Bank advances 1,127,000 785,000
Proceeds from exercise of stock options 719 1,145
Repayment of Federal Home Loan Bank advances (1,097,000) (776,000)
Payment of common stock dividends (16,069) (12,792)
Purchase and retirement of common stock 2,575 2,039
Net cash used in financing activities (187,451) (9,161)
Decrease in cash and cash equivalents (48,877) (41,417)
Cash and cash equivalents at beginning of period 342,533 224,238
Cash and cash equivalents at end of period 293,656 182,821
Supplemental Information:    
Cash paid for interest 3,211 1,150
Cash paid for income tax 24 0
Non-cash investing and financing activities    
Loans transferred to other real estate owned $ 406 $ 0