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Consolidated Statements of Cash Flows - Unaudited - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flows from Operating Activities    
Net income $ 3,100 $ 15,440
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for credit losses on loans and leases 31,786 4,767
Depreciation and amortization 7,406 4,287
Share-based compensation expense 3,463 2,381
Deferred taxes (22,287) 1,878
Net amortization (accretion) of investment securities premiums and discounts 251 191
Unrealized (gain) loss on investment securities 1,378 (2)
(Gain) loss on sale of investment securities (3,974) 0
(Gain) loss on sale of SBA and other loans (170) (138)
Origination of loans held for sale (7,046) (8,182)
Proceeds from the sale of loans held for sale 7,948 8,225
Amortization (accretion) of fair value discounts and premiums (378) 162
Net (gain) loss on sales of other real estate owned (4) 0
Earnings on investment in bank-owned life insurance (1,762) (1,816)
(Increase) decrease in accrued interest receivable and other assets (93,856) (28,109)
Increase (decrease) in accrued interest payable and other liabilities 39,004 (5,096)
Net Cash Used In Operating Activities (35,141) (6,012)
Cash Flows from Investing Activities    
Proceeds from maturities, calls and principal repayments of investment securities 24,079 4,498
Purchases of investment securities available for sale (158,782) 0
Origination of mortgage warehouse loans (9,791,820) (5,039,797)
Proceeds from repayments of mortgage warehouse loans 9,520,758 4,965,022
Net (increase) decrease in loans and leases, excluding mortgage warehouse loans 174,971 1,932
Purchase of loans (193,363) (129,289)
Net proceeds from (purchases of) FHLB, Federal Reserve Bank, and other restricted stock (2,926)  
Net proceeds from (purchases of) FHLB, Federal Reserve Bank, and other restricted stock   9,269
Purchases of bank premises and equipment (127) (141)
Proceeds from sales of other real estate owned 77 0
Purchases of leased assets under lessor operating leases (6,384) (7,791)
Net Cash Used In Investing Activities (433,517) (196,297)
Cash Flows from Financing Activities    
Net (decrease) increase in deposits (235,293) 283,082
Net increase (decrease) in short-term borrowed funds from the FRB 175,000 0
Net increase (decrease) in short-term borrowed funds from the FHLB 410,000 (222,238)
Net increase (decrease) in federal funds purchased 167,000 201,000
Preferred stock dividends paid (3,615) (3,615)
Purchase of treasury stock 0 (571)
Payments of employee taxes withheld from share-based awards (932) (894)
Proceeds from issuance of common stock 225 1,072
Net Cash Provided By Financing Activities 512,385 257,836
Net Increase (Decrease) in Cash and Cash Equivalents 43,727 55,527
Cash and Cash Equivalents – Beginning 212,505 62,135
Cash and Cash Equivalents – Ending 256,232 117,662
Supplementary Cash Flow Information    
Interest paid 42,167 38,916
Income taxes paid 661 1,204
Non-cash Operating and Investing Activities:    
Transfer of loans to other real estate owned 31 160
Unsettled sales of investment securities 104,469 0
Unsettled purchases of investment securities $ 97,247 $ 0