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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net income $ 71,932 $ 42,470 $ 23,046
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization of premises and equipment 8,706 6,303 4,786
Allocation of ESOP stock 1,618 919 657
Stock awards 3,038 2,181 1,505
Tax benefit of stock plans 0 0 62
Net excess tax benefit on stock compensation (722) (1,823) 0
Amortization of core deposit intangible 3,811 2,039 623
Net accretion of purchase accounting adjustments (16,733) (8,216) (4,505)
Amortization of servicing asset 98 85 157
Net premium amortization in excess of discount accretion on securities 3,893 3,216 1,656
Net amortization of deferred costs and discounts on borrowings 262 74 0
Net amortization (accretion) of deferred fees and discounts on loans 669 509 (274)
Provision for loan losses 3,490 4,445 2,623
Deferred tax (benefit) provision (4,568) 35,440 5,798
Net loss on sales of other real estate owned 2,359 1,119 138
Write down of fixed assets held for sale to net realizable value 4,024 6,084 0
Net (gain) loss on sales of fixed assets (26) 150 38
Net unrealized loss on equity securities 199 0 0
Net gain on sales of loans (668) (100) (986)
Net loss on sales of investment securities available for sale   0 12
Proceeds from sales of mortgage loans held-for-sale 2,794 5,282 50,075
Mortgage loans originated for sale (2,498) (3,872) (47,943)
Increase in value of Bank Owned Life Insurance (5,105) (3,299) (2,230)
Net gain on sale of assets held for sale (1,245) 0 0
Decrease (increase) in interest and dividends receivable 186 (2,265) (200)
Decrease (increase) in other assets 27,301 (5,375) 18,612
Decrease in other liabilities (10,264) (5,235) (20,226)
Total adjustments 20,619 37,661 10,378
Net cash provided by operating activities 92,551 80,131 33,424
Cash flows from investing activities:      
Net decrease (increase) in loans receivable 103,889 (138,271) 106,371
Purchases of loans receivable (199,580) (37,337) (37,561)
Proceeds from sale of under performing loans 10,412 11,186 29,647
Proceeds from sales of debt investment securities available-for-sale   0 41,853
Purchase of debt investment securities available-for-sale (33,040) (69,987) (10,021)
Purchase of debt investment securities held-to-maturity (6,486) (125,324) (6,006)
Purchase of debt mortgage-backed securities held-to-maturity 0 (165,501) (59,590)
Purchase of equity investments (191) 0 0
Proceeds from maturities and calls of debt investment securities available-for-sale 19,156 0 18,506
Proceeds from maturities and calls of debt investment securities held-to-maturity 52,543 18,233 53,964
Proceeds from maturities and calls of debt mortgage backed securities held-to-maturity 0 0 6,394
Principal repayments on debt mortgage-backed securities held-to-maturity 119,125 96,383 73,470
Proceeds from Bank Owned Life Insurance 2,708 624 310
Proceeds from the redemption of restricted equity investments 106,807 19,738 32,168
Purchases of restricted equity investments (127,048) (20,149) (23,571)
Net proceeds from sales of other real estate owned 5,438 3,880 3,744
Proceeds from sales of assets held for sale 10,050 0 0
Purchases of premises and equipment (11,487) (48,698) (6,670)
Cash acquired, net of cash paid for branch acquisition 0   16,727
Cash acquired, net of cash consideration paid for acquisitions (3,743)   31,965
Net cash provided by (used in) investing activities 48,553 (455,223) 271,700
Cash flows from financing activities:      
(Decrease) increase in deposits (143,025) 155,849 131,308
Increase (decrease) in short-term borrowings 126,092 39,733 (175,137)
Proceeds from Federal Home Loan Bank advances 0 10,000 55,161
Repayments of Federal Home Loan Bank advances (67,155) (1,922) (74,153)
Net proceeds from issuance of subordinated notes 0 0 33,898
Repayments of other borrowings (439)   (10,000)
Increase (decrease) in advances by borrowers for taxes and insurance 2,910 (2,874) 2,286
Exercise of stock options 5,324 3,354 3,989
Payment of employee taxes withheld from stock awards (3,295) (1,522) (555)
Purchase of treasury stock (10,837) 0 (1,878)
Acquisition of common stock by ESOP (8,400) 0 0
Dividends paid (29,564) (19,286) (12,616)
Net cash (used in) provided by financing activities (128,389) 183,332 (47,697)
Net increase (decrease) in cash and due from banks and restricted cash 12,715 (191,760) 257,427
Cash and due from banks and restricted cash at beginning of year 109,613 301,373  
Restricted cash at beginning of period 0 0 0
Cash and due from banks and restricted cash at beginning of period 109,613 301,373 43,946
Cash and due from banks and restricted cash at end of year 120,792 109,613 301,373
Restricted cash at end of period 1,536 0 0
Cash and due from banks and restricted cash at end of period 122,328 109,613 301,373
Supplemental disclosure of cash flow information:      
Interest 36,447 20,219 13,201
Income taxes 2,317 6,008 10,912
Non-cash investing activities:      
Accretion of unrealized loss on securities reclassified to held-to-maturity 2,905 1,145 1,406
Loans charged-off, net (2,634) 3,907 4,162
Transfer of premises and equipment to assets held-for-sale 11,092 5,729 0
Transfer of loans receivable to other real estate owned 992 3,726 1,833
Non-cash assets acquired:      
Securities 254,522 0 305,139
Restricted equity investments 16,967 0 7,932
Loans 1,517,345 0 1,929,986
Premises & equipment 19,892 0 41,067
Other real estate owned 0 0 2,727
Accrued interest receivable 5,621 0 0
Bank Owned Life Insurance 85,238 0 0
Deferred tax asset 57,574 0 21,878
Other assets 6,343 0 97,140
Goodwill and other intangible assets, net 199,838 0 159,649
Total non-cash assets acquired 2,163,340 0 2,565,518
Liabilities assumed:      
Deposits 1,616,073 0 2,123,440
Borrowings 127,727 0 128,160
Other liabilities 13,242 0 27,679
Total liabilities assumed 1,757,042 $ 0 2,279,279
Total consideration for acquisition $ 406,298   $ 286,239