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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 9,362 $ 7,212
Adjustments to reconcile net income to net cash provided (used) by operating activities:    
Amortization and accretion of premiums and discounts on securities, net 718 111
Accretion of loan discounts, net (1,251) (1,217)
Amortization of deposit premiums (215) (349)
Amortization of core deposit intangibles 316 380
Amortization and accretion of borrowing and debt valuation allowance, net 105 105
Amortization of issuance costs of subordinated notes 36 36
Provision for loan losses 9,663 6,145
Depreciation 501 533
Net loss on sale of real estate acquired by foreclosure 0 163
Net loss on loans held-for-sale 0 138
Net gain on sale of guaranteed portion of loans (941) (1,927)
Originations of loans held-for-sale 10,361 0
Proceeds from sales of and principal collected on loans held-for-sale 10,997 10,761
Stock-based compensation expense 1,317 535
Deferred tax benefit (3,135) (1,987)
Decrease in accrued interest receivable and other assets, net 2,310 4,216
Increase in accrued interest payable and other liabilities, net (3,380) (2,218)
Net cash provided by operating activities 36,764 22,637
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from the maturities or calls and paydowns of available-for-sale securities 16,839 15,765
Purchases of available-for-sale securities (44,961) (298,454)
Proceeds from the maturities or calls and paydowns of held-to-maturity securities 696 1,659
Purchases of held-to-maturity securities (2,488) 0
Proceeds from sales of guaranteed portion of loans 0 21,959
Proceeds from sales of real estate acquired by foreclosure 0 3,701
Purchases of Federal Home Loan Bank of Dallas stock, net of redemptions 58 (394)
Purchases of Federal Reserve Bank stock (72) (14)
Net increase in loans held for investment 32,028 57,027
Investment in construction of premises and purchases of other fixed assets (193) (193)
Net cash provided by (used in) investing activities 1,907 (198,944)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in deposit accounts 56,799 41,787
Net decrease (increase) in securities sold under agreements to repurchase (225) 823
Net proceeds (repayments) of other short-term borrowed funds (95,000) 0
Proceeds from issuance of common stock due to exercise of stock options 1,218 271
Net cash (used in) provided by financing activities (37,208) 42,881
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 1,463 (133,426)
CASH AND CASH EQUIVALENTS:    
Beginning of period 140,681 389,007
End of period 142,144 255,581
NONCASH ACTIVITIES:    
Noncash investing and financing activities - acquisition of real estate through foreclosure of collateral 0 5,270
Transfer of loans to held-for-sale 0 4,260
SUPPLEMENTAL INFORMATION:    
Interest paid 8,191 6,880
Securities transferred from available-for-sale to held-to-maturity $ 50,031 $ 0