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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:      
Net income $ 44,917 $ 33,220 $ 18,055
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion, net 45,048 35,617 28,882
Stock compensation 10,401 487 258
Provision for loan losses 10,589 4,605 1,465
Recovery for deferred taxes (6,286) (230) (3,896)
Loss on other assets 406 104 6
Loss (Gain) on foreclosed real estate 6 0 (28)
Loss on sale of securities available-for-sale, net 537 326 1,634
Gain on sale of securities held-to-maturity, net (44) 0 0
Net change in accrued interest receivable (2,181) (3,847) (2,130)
Impairment of intangibles 10,248 0 0
Fair value adjustment of foreclosed real estate 18 0 0
Originations of loans held for sale (685,934) 0 0
Proceeds from sales of loans held for sale 685,934 0 0
Change in bank-owned life insurance value (2,216) (1,656) (1,225)
Net change in other assets (23,408) (1,968) (672)
Net change in accrued interest payable 1,405 603 (46)
Excess contingent consideration paid (248) 0 0
Net change in accrued expenses and other liabilities 30,806 11,237 6,911
Net cash provided by operating activities 119,998 78,498 49,214
Cash flows from investing activities:      
Purchase of securities available-for-sale (848,613) (603,995) (810,624)
Proceeds from sales of securities available-for-sale 457,306 285,508 566,371
Proceeds from maturities and principal repayments of securities available-for-sale 126,420 116,333 124,558
Purchase of securities held to maturity (932) (298,869) (72,759)
Proceeds from sales of securities held-to-maturity 5,870 0 0
Proceeds from maturities and principal repayments of securities held to maturity 45,615 20,465 9,879
Purchase of bank-owned life insurance (25,000) (10,000) (10,000)
Proceeds from bank-owned life insurance death benefit 0 0 864
Loans purchased (141,403) 0 0
Proceeds from loans sold 4,720 89 5,462
Net change in loans receivable (274,840) (217,985) (146,111)
Proceeds from sales of foreclosed real estate 200 0 86
Cash paid for acquisitions (29,425) 0 (125,314)
Cash received upon acquisitions 0 0 9,768
Federal Home Loan Bank stock purchases (715,891) (860,902) (544,324)
Federal Home Loan Bank stock redemptions 702,280 837,800 541,160
Proceeds from the sale of premises and equipment 58 55 2,100
Purchase of premises and equipment (6,798) (6,979) (5,031)
Net cash used in investing activities (700,433) (738,480) (453,915)
Cash flows from financing activities:      
Net change in checking, savings, and money market deposits 319,524 737,727 334,375
Net change in time deposits (2,355) 34,821 (43,382)
Net change in wholesale deposits 476,173 0 0
Net change of FHLB and other borrowings 308,000 100,000 0
Net change in federal funds (5,000) 452,000 70,000
Net change in securities sold under agreements to repurchase (565) (969) (6,404)
Proceeds from long term debt 0 75,000 0
Payment of debt issuance costs 0 (1,767) 0
Payment of debt extinguishment costs (772) 0 0
Principal payments on capital lease obligations (80) (126) (116)
Cash dividends paid (4,839) (4,389) (3,493)
Purchase of shares by ESOP 1,174 0 0
Issuance of restricted stock 4 0 0
Proceeds from exercise of stock options and issuance of common stock 650 13,857 51,547
Shares repurchased for tax withholdings on stock compensation (470) 0 0
Contingent consideration - cash paid (17,253) 0 0
Net cash provided by financing activities 1,074,191 1,406,154 402,527
Net change in cash and cash equivalents 493,756 746,172 (2,174)
Cash and cash equivalents at beginning of year 773,830 27,658 29,832
Cash and cash equivalents at end of year 1,267,586 773,830 27,658
Interest 16,278 3,488 2,433
Income taxes 20,058 5,898 5,277
Franchise taxes 187 98 98
Other taxes 290 79 48
Loans transferred to foreclosed real estate 440 76 54
Issuance of common shares due to acquisition (37,296) 0 (24,303)
Contingent consideration - equity (24,142) 0 0
Capital leases 0 0 (2,259)
Securities transferred from available-for-sale to held to maturity 0 0 310
Purchase of available-for-sale securities accrued, not paid 0 0 (7,877)
Purchase of held-to-maturity securities accrued, not paid $ 0 $ 0 $ (3,000)