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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
OPERATING ACTIVITIES:    
Net income $ 61,214 $ 49,247
Adjustments to reconcile net income to net cash provided from operating activities:    
Depreciation 7,253 6,484
Deferred income and expense, net of amortization (1,518) (1,401)
Amortization of core deposit intangibles 2,764 3,248
(Gain) loss on sale of securities (48) 41
Net change in valuation of financial instruments carried at fair value (3,532) 1,338
Principal repayments and maturities of securities—trading 0 17
Gain (Loss) on Sale of Assets and Asset Impairment Charges 249 0
(Increase) decrease in deferred taxes 6,510 (6,564)
Increase in current taxes payable 5,603 2,407
Stock-based compensation 3,231 2,666
Increase in cash surrender value of BOLI (1,768) (2,012)
Gain on sale of loans, net of capitalized servicing rights (6,533) (10,975)
Gain on disposal of real estate held for sale and property and equipment (1,858) (2,226)
Provision for loan losses 4,000 4,000
Provision for losses on real estate held for sale 160 256
Origination of loans held for sale (415,790) (394,585)
Proceeds from sales of loans held for sale 384,215 585,749
Net change in:    
Other assets 1,734 (4,863)
Other liabilities 1,797 (3,338)
Net cash provided from operating activities 34,165 242,617
INVESTING ACTIVITIES:    
Purchases of securities—available-for-sale (591,265) (580,321)
Principal repayments and maturities of securities—available-for-sale 69,853 80,149
Proceeds from sales of securities—available-for-sale 8,363 15,647
Purchases of securities—held-to-maturity (8,469) (4,605)
Principal repayments and maturities of securities—held-to-maturity 4,422 3,317
Loan originations, net of principal repayments (82,461) (32,266)
Purchases of loans and participating interest in loans (2,268) (64,618)
Proceeds from sales of other loans 4,733 3,950
Proceeds from Sales of Assets, Investing Activities (20,412) 0
Purchases of property and equipment (9,925) (5,356)
Proceeds from sale of real estate held for sale and sale of other property, net 6,367 14,912
Proceeds from FHLB stock repurchase program 79,878 53,156
Purchase of FHLB stock (89,460) (52,984)
Other 417 298
Net cash used in investing activities (630,227) (568,721)
FINANCING ACTIVITIES:    
Increase in deposits, net 364,890 362,317
Repayments of long-term Federal Home Loan Bank Advances (5) (4)
Proceeds from (repayments of) overnight and short term FHLB advances, net 239,000 (4,000)
Increase in other borrowings, net 16,598 10,770
Cash dividends paid (19,494) (15,963)
Taxes paid related to net share settlement of equity awards 1,343 1,187
Payments for Repurchase of Common Stock 15,359 0
Net cash provided from financing activities 584,287 351,933
NET CHANGE IN CASH AND CASH EQUIVALENTS (11,775) 25,829
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 261,200 247,719
CASH AND CASH EQUIVALENTS, END OF PERIOD 249,425 273,548
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Interest paid in cash 11,720 8,464
Taxes paid, net 8,806 17,106
NON-CASH INVESTING AND FINANCING TRANSACTIONS:    
Loans, net of discounts, specific loss allowances and unearned income, transferred to real estate owned and other repossessed assets 1,419 10
Dividends Payable $ 27,833 $ 41,733