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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 $ 15,364 $ 25,469
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 17,216 2,111
Amortization of intangible assets 2,557 2,094
Amortization of mortgage servicing rights 1,276 536
Depreciation and amortization of premises and equipment 3,165 2,684
Net amortization (accretion) of premium (discount) on portfolio loans (2,487) (2,694)
Net amortization (accretion) of premium (discount) on investment securities 1,869 1,355
Net amortization (accretion) of premium (discount) on time deposits (374) (333)
Net amortization (accretion) of premium (discount) on FHLB advances and other borrowings 93 34
Impairment of OREO   36
Impairment of mortgage servicing rights 177  
(Gain) loss on sales of securities, net (1,556) 183
(Gain) loss on sale of loans, net (3,900) (2,141)
(Gain) loss on sale of OREO 1 (3)
(Gain) loss on sale of premises and equipment 37 24
Realized (gain) loss on preferred stock and equity securities (18) (8)
(Gain) loss on life insurance proceeds (14)  
Provision for deferred income taxes 1,722 1,751
Stock-based and non-cash compensation 1,139 1,014
Decrease in deferred compensation   (466)
Increase in cash surrender value of bank owned life insurance (1,043) (978)
Mortgage loans originated for sale (182,203) (83,950)
Proceeds from sales of mortgage loans 165,008 93,463
Net change in operating assets and liabilities:    
Decrease in other assets 991 2,228
(Decrease) increase in other liabilities (1,194) (5,943)
Net cash (used in) provided by operating activities 18,813 36,250
Cash Flows from Investing Activities    
Purchases of debt securities available for sale (273,992) (125,464)
Proceeds from sales of equity securities 29 958
Proceeds from sales of debt securities available for sale   141,798
Proceeds from paydowns and maturities of debt securities held to maturity   13,822
Proceeds from paydowns and maturities of debt securities available for sale 158,536 43,435
Net cash (received) paid in acquisitions   (49,387)
Net change in loans (64,338) (72,655)
Cash paid for premiums on bank-owned life insurance (111)  
Purchases of premises and equipment (2,314) (1,065)
Proceeds from life insurance 274  
Proceeds from disposition of premises and equipment 607  
Proceeds from sale of OREO 81 147
Net cash (used in) provided by investing activities (181,228) (48,411)
Cash Flows from Financing Activities    
Net change in deposits 71,211 75,034
Net change in federal funds purchased and securities sold under agreements to repurchase (38,241) (19,318)
Proceeds from other borrowings 20,000 60,000
Repayment of other borrowings (54,000) (1,500)
Net change in short-term FHLB advances (1,193) (1,121)
Cash dividends paid (12,055) (10,266)
Purchase of treasury stock (9,672)  
Cash paid for withholding taxes on share-based payments (75)  
Common stock issuance costs   (234)
Net cash (used in) provided by financing activities (24,025) 102,595
Net (decrease) increase in cash and cash equivalents (186,440) 90,434
Cash and cash equivalents, beginning of period 529,288 239,973
Cash and cash equivalents, ending of period 342,848 330,407
Cash Payments for:    
Interest 14,391 14,876
Income taxes 500 690
Non-cash Investing and Financing Activities:    
OREO acquired in settlement of loans $ 578 577
Transfer of debt securities held to maturity to available for sale   $ 573,639