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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash Flows from Operating Activities      
Net income $ 79,327 $ 71,695 $ 78,837
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Provision for loan and lease losses 24,227 5,642 6,768
Depreciation and amortization 22,879 14,157 10,801
Share-based compensation expense 9,851 9,740 7,167
Deferred taxes 14,516 9,303 14,820
Net amortization of investment securities premiums and discounts 1,016 1,403 702
Unrealized (gain) loss on investment securities 1,299 (1,634) 0
(Gain) loss on sale of investment securities (1,001) 18,659 (8,800)
Loss upon acquisition of interest-only GNMA securities 7,476 0 0
Impairment loss on investment securities 0 0 12,934
(Gain) loss on sale of loans (2,804) (3,913) (4,898)
Origination of loans held for sale (48,044) (31,699) (41,172)
Proceeds from the sale of loans held for sale 47,455 32,676 40,656
Amortization of fair value discounts and premiums 893 194 88
Net (gain) loss on sales of other real estate owned 137 183 154
Valuation and other adjustments to other real estate owned 62 153 298
Earnings on investment in bank-owned life insurance (7,272) (7,620) (7,219)
(Increase) decrease in accrued interest receivable and other assets (84,141) (34,614) (32,256)
Increase (decrease) in accrued interest payable and other liabilities 15,002 9,881 (16,687)
Net Cash Provided by (Used in) Operating Activities 78,280 97,474 62,193
Cash Flows from Investing Activities      
Proceeds from maturities, calls and principal repayments on investment securities 38,709 44,313 48,124
Proceeds from sales of investment securities available for sale 97,555 476,182 769,203
Purchases of investment securities available for sale 0 (763,242) (796,594)
Origination of mortgage warehouse loans (31,782,542) (27,209,330) (30,084,255)
Proceeds from repayments of mortgage warehouse loans 30,900,905 27,597,318 30,407,662
Net (increase) decrease in loans and leases, excluding mortgage warehouse loans 239,018 59,534 (960,372)
Proceeds from sale of loans 273,388 110,526 462,518
Purchase of loans (1,167,417) (397,888) (262,641)
Proceeds from bank-owned life insurance 0 529 1,418
Purchases of bank-owned life insurance 0 0 (90,000)
Net proceeds from (purchases of) FHLB, Federal Reserve Bank, and other restricted stock 5,471 16,233  
Net proceeds from (purchases of) FHLB, Federal Reserve Bank, and other restricted stock     (37,510)
Purchases of bank premises and equipment (1,705) (1,777) (2,135)
Proceeds from sales of other real estate owned 735 2,213 1,680
Purchases of university relationship intangible asset 0 (1,502) 0
Purchases of leased assets under lessor operating leases (48,552) (37,207) (22,223)
Net Cash Used in Investing Activities (1,444,435) (104,098) (565,125)
Cash Flows from Financing Activities      
Net increase (decrease) in deposits 1,506,700 342,094 (503,633)
Net increase (decrease) in short-term borrowed funds from the FHLB (748,070) (363,790) 743,060
Net increase (decrease) in federal funds purchased 351,000 32,000 72,000
Proceeds from long-term borrowed funds from the FHLB 350,000 0 0
Proceeds from issuance of subordinated long-term debt 72,030 0 0
Proceeds from issuance of other long-term borrowings 24,477 0 98,564
Repayments of other borrowings (25,000) (63,250) 0
Preferred stock dividends paid (14,459) (14,459) (14,459)
Exercise and redemption of warrants 0 112 1,059
Purchase of treasury stock (571) (12,976) 0
Payments of employee taxes withheld from share-based awards (1,732) (880) (14,761)
Proceeds from issuance of common stock 2,150 3,585 2,716
Net Cash Provided by (Used in) Financing Activities 1,516,525 (77,564) 384,546
Net Increase (Decrease) in Cash and Cash Equivalents 150,370 (84,188) (118,386)
Cash and Cash Equivalents – Beginning 62,135 146,323 264,709
Cash and Cash Equivalents – Ending 212,505 62,135 146,323
Supplementary Cash Flow Information:      
Interest paid 182,596 160,384 101,575
Income taxes paid 7,410 4,794 40,282
Noncash Operating and Investing Activities:      
Transfer of loans to other real estate owned 291 1,639 750
Transfer of loans held for investment to held for sale 499,774 0 150,638
Transfer of loans held for sale to held for investment 0 129,691 0
Acquisition of interest-only GNMA securities securing a mortgage warehouse loan 17,157 0 0
Acquisition of residential reverse mortgage loans securing a mortgage warehouse loan $ 1,325 $ 0 $ 0