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Note 21 - Condensed Financial Information (Parent Company Only)
12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Condensed Financial Information of Parent Company Only Disclosure [Text Block]
NOTE
21:
          
CONDENSED FINANCIAL INFORMATION (PARENT COMPANY ONLY)
 
CONDENSED BALANCE SHEETS
DECEMBER
31,
2016
and
2015
 
(In thousands)   2016   2015
         
ASSETS                
Cash and cash equivalents   $
93,266
    $
119,383
 
Investment securities    
79
     
2,049
 
Investments in wholly-owned subsidiaries    
1,141,294
     
1,051,842
 
Loans    
1,083
     
--
 
Intangible assets, net    
133
     
133
 
Premises and equipment    
11,534
     
5,338
 
Other assets    
27,955
     
28,245
 
TOTAL ASSETS   $
1,275,344
    $
1,206,990
 
                 
LIABILITIES                
Long-term debt   $
108,326
    $
112,870
 
Other liabilities    
15,907
     
17,265
 
Total liabilities    
124,233
     
130,135
 
                 
STOCKHOLDERS’ EQUITY                
Preferred stock    
--
     
30,852
 
Common stock    
313
     
303
 
Surplus    
711,976
     
662,378
 
Undivided profits    
454,034
     
385,987
 
Accumulated other comprehensive loss                
Unrealized depreciation on available-for-sale securities, net of income taxes of ($9,818) and ($1,720) at December 31, 2016 and 2015 respectively    
(15,212
)    
(2,665
)
Total stockholders’ equity    
1,151,111
     
1,076,855
 
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY   $
1,275,344
    $
1,206,990
 
 
CONDENSED STATEMENTS OF INCOME
YEARS ENDED
DECEMBER
31,
2016,
2015
and
2014
 
(In thousands)   2016   2015   2014
             
INCOME                        
Dividends from subsidiaries   $
83,710
    $
84,128
    $
43,366
 
Other income    
2,465
     
2,303
     
6,927
 
 Income    
86,175
     
86,431
     
50,293
 
EXPENSE    
21,990
     
24,594
     
23,024
 
Income before income taxes and equity in undistributed net income of subsidiaries    
64,185
     
61,837
     
27,269
 
Provision for income taxes    
(7,557
)    
(8,251
)    
(6,330
)
                         
Income before equity in undistributed net income of subsidiaries    
71,742
     
70,088
     
33,599
 
Equity in undistributed net income of subsidiaries    
25,072
     
4,276
     
2,089
 
                         
NET INCOME    
96,814
     
74,364
     
35,688
 
Preferred stock dividends    
24
     
257
     
--
 
                         
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS   $
96,790
    $
74,107
    $
35,688
 
 
 
123
 
 
 
CONDENSED STATEMENTS OF COMPREHENSIVE INCOME
YEARS ENDED
DECEMBER
31,
2016,
2015
and
2014
 
(In thousands)   2016   2015   2014
             
NET INCOME   $
96,814
    $
74,364
    $
35,688
 
                         
OTHER COMPREHENSIVE INCOME                        
Equity in other comprehensive (loss) income of subsidiaries    
(12,547
)    
(1,329
)    
1,666
 
                         
COMPREHENSIVE INCOME   $
84,267
    $
73,035
    $
37,354
 
 
 
CONDENSED STATEMENTS OF CASH FLOWS
YEARS ENDED
DECEMBER
31,
2016,
2015
and
2014
 
(In thousands)   2016   2015   2014
             
CASH FLOWS FROM OPERATING ACTIVITIES                        
                         
Net income   $
96,814
    $
74,364
    $
35,688
 
Items not requiring (providing) cash                        
Stock-based compensation expense    
3,418
     
4,018
     
1,423
 
Depreciation and amortization    
700
     
317
     
139
 
Deferred income taxes    
(2,526
)    
1,287
     
1,338
 
Equity in undistributed net income of bank subsidiaries    
(25,072
)    
(4,276
)    
(2,089
)
                         
Changes in                        
Other assets    
2,816
     
(15,232
)    
(1,296
)
Other liabilities    
(1,358
)    
13,121
     
(1,103
)
Net cash provided by operating activities    
74,792
     
73,599
     
34,100
 
                         
CASH FLOWS FROM INVESTING ACTIVITIES                        
                         
Net originations of loans    
(1,710
)    
--
     
--
 
Net purchases of premises and equipment    
(6,896
)    
56
     
(5,435
)
Additional investment in subsidiary    
--
     
--
     
288
 
Proceeds from maturities of available-for-sale securities    
1,973
     
--
     
--
 
Purchases of available-for-sale securities    
(3
)    
(354
)    
1,504
 
Cash received (paid) in business combinations    
(35,048
)    
44,173
     
(1,640
)
Net cash (used in) provided by investing activities    
(41,684
)    
43,875
     
(5,283
)
                         
CASH FLOWS FROM FINANCING ACTIVITIES                        
                         
(Repayment) issuance of long-term debt    
(4,544
)    
8,126
     
(2,900
)
Issuance of common stock, net    
4,938
     
3,529
     
2,023
 
Dividends paid on preferred stock    
(24
)    
(257
)    
--
 
Dividends paid on common stock    
(28,743
)    
(27,026
)    
(15,359
)
Redemption of preferred stock    
(30,852
)    
--
     
--
 
Net cash used in financing activities    
(59,225
)    
(15,628
)    
(16,236
)
                         
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS    
(26,117
)    
101,846
     
12,581
 
                         
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR    
119,383
     
17,537
     
4,956
 
                         
CASH AND CASH EQUIVALENTS, END OF YEAR   $
93,266
    $
119,383
    $
17,537