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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income $ 23,697 $ 18,923
Adjustments to net income:    
Depreciation and amortization expense 2,049 1,348
Provision for loan losses 4,406 2,709
Share-based compensation expense 2,797 1,048
Loss on sale and disposal of premises and equipment (200) (18)
Loss on sale of or write down of other real estate owned (94) 0
Net amortization on securities available-for-sale, net 3,745 7,080
Net accretion of discounts/premiums for loans acquired and deferred loan fees/costs 1,722 (6,713)
Gain on sale of investment securities available-for-sale (2,093) (1,285)
Other-than-temporary impairment recovery on investment securities, net 1 0
Originations of loans held for sale (61,448) (44,463)
Proceeds from the sales of and principal payments from loans held for sale 65,508 47,487
Gain on sale of loans (5,698) (4,030)
Deferred income tax expense (benefit) 912 (977)
Change in accrued expenses and other liabilities, net 4,480 (1,700)
Income from bank owned life insurance, net (849) (579)
Amortization of core deposit intangible 2,272 989
Change in accrued interest receivable and other assets, net 2,064 5,904
Net cash provided by operating activities 43,271 25,723
Cash flows from investing activities:    
Proceeds from sale of real estate owned 182 468
Increase in loans, net (254,468) (204,505)
Principal payments on securities available-for-sale 34,469 18,234
Purchase of securities available-for-sale (109,944) (5,135)
Proceeds from sale or maturity of securities available-for-sale 216,804 211,303
Proceeds from the sale of premises and equipment 0 6,987
Purchases of premises and equipment (274) (5,745)
Proceeds from bank owned life insurance death benefit 199 0
Change in FHLB, FRB, and other stock, at cost (9,569) (4,692)
Cash acquired in acquisitions, net 77,144 40,303
Net cash (used in) provided by investing activities (45,457) 57,218
Cash flows from financing activities:    
Net increase in deposit accounts 131,397 99,286
Change in FHLB advances and other borrowings, net (59,321) (75,873)
Proceeds from exercise of stock options and warrants 3,611 528
Repurchase of common stock (1,077) 0
Net cash provided by financing activities 74,610 23,941
Net increase in cash and cash equivalents 72,424 106,882
Cash and cash equivalents, beginning of period 156,857 78,417
Cash and cash equivalents, end of period 229,281 185,299
Supplemental cash flow disclosures:    
Interest paid 8,828 4,182
Income taxes paid 1,858 136
Security (purchases) sales settled in subsequent period (11,130) 0
Assets acquired (liabilities assumed and capital created) in acquisitions (See Note 4):    
Investment securities 442,923 190,254
FHLB and Other Stock 9,739 1,972
Loans 1,364,688 456,158
Core deposit intangible 28,123 4,319
Deferred income tax 11,623 6,748
Goodwill 268,075 51,658
Fixed assets 34,902 4,190
Other assets 45,475 9,362
Deposits (1,669,550) (636,591)
Other borrowings 139,034 0
Other liabilities (8,061) (8,843)
Common stock and additional paid-in capital $ 464,982 $ (120,174)