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CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income $ 43,314 $ 33,148
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,449 3,922
Amortization of intangible assets 799 1,006
Provision for loan and lease losses 11,820 20,544
Deferred income tax expense 13,900 5,472
Stock-based compensation 1,018 2,205
Gain on early extinguishment of debt 0 (2,316)
Unrealized loss on derivative instruments (589) 52
Net gain on sales of premises and equipment and other assets (17) (847)
Net gain on sales of loans (1,536) (1,096)
Net amortization/accretion of premiums, discounts and deferred loan fees and costs (2,023) (2,095)
Originations and purchases of loans held for sale (74,225) (65,984)
Sales and repayments of loans held for sale 78,654 76,163
Loans held for sale valuation adjustment 0 558
Amortization of broker placement fees 189 367
Net amortization/accretion of premium and discounts on investment securities 39 476
(Increase) decrease in accrued interest receivable (669) 13,061
Increase in accrued interest payable 736 8
Decrease in other assets 14,176 10,566
(Decrease) increase in other liabilities (7,053) 166
Net cash provided by operating activities 82,982 95,376
Cash flows from investing activities:    
Principal collected on loans 642,758 590,753
Loans originated and purchased (817,900) (550,257)
Proceeds from sale of loans held for investment 4,998 13,274
Proceeds from sale of repossessed assets 11,250 10,559
Purchases of available-for-sale securities 0 (49,626)
Proceeds from principal repayments and maturities of available-for-sale securities 57,809 100,195
Proceeds from principal repayments of held-to-maturity securities 142 141
Additions to premises and equipment (4,046) (5,142)
Net redemptions/purchases of other investment securities 100 0
Proceeds from sale of premises and equipment and other assets 18 1,857
Net cash (used in) provided by investing activities (104,871) 111,754
Cash flows from financing activities:    
Net increase in deposits 84,436 45,026
Change in securities sold under agreements to repurchase (50,086) (100,000)
Repayment of junior subordinated debentures 0 (21,434)
Repurchase of outstanding common stock (1,882) (2,624)
Net cash provided by (used in) financing activities 25,261 (79,701)
Net increase in cash and cash equivalents 3,372 127,429
Cash and cash equivalents at beginning of period 586,203 716,395
Cash and cash equivalents at end of period 589,575 843,824
Cash and cash equivalents include:    
Cash and Cash Equivalents, at Carrying Value, Total 586,203 716,395
Common Stock [Member]    
Cash flows from financing activities:    
Dividends paid (6,538) 0
Preferred Stock [Member]    
Cash flows from financing activities:    
Dividends paid $ (669) $ 669