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Consolidated statements of cash flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net income $ 80,236 $ 52,398 $ 40,591
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation expense 4,334 4,316 3,995
Amortization of core deposit and other intangibles 3,185 1,995 2,132
Capitalization of mortgage servicing rights (54,913) (58,984) (46,070)
Amortization of mortgage servicing rights 0 0 8,321
Net change in fair value of mortgage servicing rights 2,763 4,023 0
Impairment of mortgage servicing rights 0 0 4,678
Stock-based compensation expense 7,207 6,760 4,693
Provision for loan losses 5,398 (950) (1,479)
Provision for mortgage loan repurchases 174 810 512
Accretion of yield on purchased loans (7,608) (5,419) (3,538)
Accretion of discounts and amortization of premiums on securities, net 2,768 2,693 2,326
Loss (gain) from securities, net 116 (285) (4,407)
Originations of loans held for sale (5,958,066) (6,331,458) (4,671,561)
Repurchases of loans held for sale (12,232) 0 0
Proceeds from sale of loans held for sale 6,260,532 6,408,198 4,534,837
Gain on sale and change in fair value of loans held for sale (88,743) (107,189) (115,485)
Loss (gain) on sale of mortgage servicing rights 0 249 (3,406)
Net (gain) or write-downs of other real estate owned 99 (774) (1,282)
(Gain) loss on other assets (328) 664 103
Provision for deferred income taxes 6,359 6,458 9,257
Changes in:      
Other assets and interest receivable (22,966) 6,478 (24,730)
Accrued expenses and other liabilities (16,107) 47,627 15,312
Net cash provided by (used in) operating activities 212,208 37,610 (245,201)
Activity in available-for-sale securities:      
Sales 2,742 94,743 271,148
Maturities, prepayments and calls 73,066 83,344 104,368
Purchases (203,844) (81,353) (316,384)
Net increase in loans (491,774) (241,379) (127,949)
Purchases of FHLB stock (2,020) 0 0
Proceeds from sale of mortgage servicing rights 39,428 11,686 34,118
Purchases of premises and equipment (10,144) (4,545) (4,784)
Proceeds from the sale of premises and equipment 357 39 46
Proceeds from the sale of other real estate owned 4,819 5,438 6,696
Proceeds from the sale of other assets 869 0 0
Net cash paid in business combination 0 (135,141) 0
Net cash used in investing activities (586,501) (267,168) (32,741)
Cash flows from financing activities:      
Net increase in demand deposits 75,906 14,682 167,616
Net increase (decrease) in time deposits 431,416 (1,367) 65,472
Net (decrease) increase in borrowings (119,819) 46,311 36,704
Share based compensation withholding obligation (2,664) 0 0
Net proceeds from sale of common stock 1,196 153,356 116,054
Dividends paid (6,137) 0 (69,300)
Net cash provided by financing activities 379,898 212,982 316,546
Net change in cash and cash equivalents 5,605 (16,576) 38,604
Cash and cash equivalents at beginning of the period 119,751 136,327 97,723
Cash and cash equivalents at end of the period 125,356 119,751 136,327
Supplemental cash flow information:      
Interest paid 31,992 15,470 9,474
Taxes paid 24,387 22,292 1,307
Supplemental noncash disclosures:      
Transfers from loans to other real estate owned 2,138 3,605 2,724
Transfers from other real estate owned to loans 1,019 256 1,548
Transfers from loans held for sale to loans 14,732 11,706 17,963
Transfers from loans to loans held for sale 11,888 0 0
Stock consideration paid in business combination 0 52,284 0
Conversion of cash-settled to stock settled compensation 0 0 5,388
Trade date payable - securities 2,120 348 0
Dividends declared not paid on restricted stock units 226 0 0
Adoption of ASU 2016-01 (See Note 1) (109) 0 0
Fair value election of mortgage servicing rights 0 1,011 0
GNMA      
Supplemental noncash disclosures:      
Transfers from loans to loans held for sale 0 43,035 0
Derecognition of rebooked GNMA delinquent loans (See Note 1) $ 43,035 $ 0 $ 0