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Consolidated Statements of Cash Flows - Unaudited - USD ($)
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows from Operating Activities    
Net income $ 58,318,000 $ 40,797,000
Adjustments to reconcile net income to net cash used in operating activities:    
Provision for loan losses, net of change to FDIC receivable and clawback liability 2,854,000 14,393,000
Provision for depreciation and amortization 4,138,000 3,034,000
Share-based compensation 5,213,000 4,112,000
Deferred taxes (4,846,000) (7,580,000)
Net amortization of investment securities premiums and discounts 664,000 623,000
(Gain) loss on sale of investment securities (25,000) 85,000
Gain on sale of mortgages and other loans (2,674,000) (3,135,000)
Origination of loans held for sale (27,092,862,000) (23,148,641,000)
Proceeds from the sale of loans held for sale 26,473,789,000 22,804,119,000
Decrease (increase) in FDIC loss sharing receivable net of clawback liability 255,000 (530,000)
Amortization (accretion) of fair value discounts and premiums 312,000 (794,000)
Net loss on sales of other real estate owned 85,000 509,000
Valuation and other adjustments to other real estate owned, net of FDIC receivable 1,261,000 917,000
Earnings on investment in bank-owned life insurance (3,629,000) (3,407,000)
Increase in accrued interest receivable and other assets (38,672,000) (9,860,000)
Increase in accrued interest payable and other liabilities 67,134,000 5,087,000
Net Cash Used In Operating Activities (528,685,000) (300,271,000)
Cash Flows from Investing Activities    
Proceeds from maturities, calls and principal repayments of securities available for sale 46,097,000 60,966,000
Proceeds from sales of investment securities available for sale 2,853,000 806,000
Purchases of investment securities available for sale (5,000,000) (69,358,000)
Net increase in loans (641,093,000) (606,168,000)
Proceeds from sales of loans 91,868,000 192,275,000
Purchases of bank-owned life insurance 0 (15,000,000)
Proceeds from bank-owned life insurance 619,000 0
Net proceeds from FHLB, Federal Reserve Bank, and other restricted stock 19,220,000 18,488,000
(Payments to) reimbursements from the FDIC on loss sharing agreements (2,049,000) 1,940,000
Purchases of bank premises and equipment (3,343,000) (2,439,000)
Proceeds from sales of other real estate owned 419,000 5,572,000
Acquisition of Disbursements business, net (17,000,000) 0
Net Cash Used In Investing Activities (507,409,000) (412,918,000)
Cash Flows from Financing Activities    
Net increase in deposits 1,479,471,000 1,252,674,000
Net decrease in short-term borrowed funds from the FHLB (663,600,000) (657,100,000)
Net (decrease) increase in federal funds purchased (18,000,000) 50,000,000
Proceeds from long-term FHLB borrowings 75,000,000 25,000,000
Net proceeds from issuance of preferred stock 161,980,000 55,569,000
Preferred stock dividends paid (5,450,000) (1,308,000)
Exercise and redemption of warrants 1,121,000 0
Proceeds from issuance of common stock 6,567,000 730,000
Net Cash Provided by Financing Activities 1,037,089,000 725,565,000
Net Increase in Cash and Cash Equivalents 995,000 12,376,000
Cash and Cash Equivalents – Beginning 264,593,000 371,023,000
Cash and Cash Equivalents – Ending 265,588,000 383,399,000
Supplementary Cash Flows Information    
Interest paid 50,410,000 36,128,000
Income taxes paid 40,966,000 30,159,000
Non-cash items:    
Transfer of loans to other real estate owned 605,000 3,198,000
Transfer of loans held for sale to held for investment $ 0 $ 30,365,000