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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flows from Operating Activities    
Net income $ 41,170 $ 49,554
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 30,107 4,628
Amortization of intangible assets 5,076 4,506
Amortization of mortgage servicing rights 2,625 1,222
Depreciation and amortization of premises and equipment 6,316 5,674
Net amortization (accretion) of premium (discount) on portfolio loans (4,663) (5,729)
Net amortization (accretion) of premium (discount) on investment securities 4,061 2,843
Net amortization (accretion) of premium (discount) on time deposits (709) (802)
Net amortization (accretion) of premium (discount) on Federal Home Loan Bank ("FHLB") advances and other borrowings 220 125
Impairment of other real estate owned ("OREO")   54
Impairment of fixed assets held for sale 36  
Impairment of mortgage servicing rights 526 1,822
Impairment of leases   415
Change in fair value of equity securities, net 797 800
(Gain) loss on equity securities   (8)
(Gain) loss on sales of debt securities, net (1,699) 192
(Gain) loss on sale of loans, net 11,387 5,615
(Gain) loss on sale of OREO 47 (86)
(Gain) loss on sale of premises and equipment 191 116
(Gain) loss on life insurance proceeds (1,256) (1,016)
Provision for deferred income taxes (1,142) 3,816
Stock-based and non-cash compensation 2,208 2,031
Decrease in deferred compensation   (6,781)
Increase in cash surrender value of bank owned life insurance (2,083) (2,064)
Mortgage loans originated for sale (511,670) (245,581)
Proceeds from sales of mortgage loans 483,238 239,252
Net change in operating assets and liabilities:    
Decrease (increase) in other assets 12,225 822
(Decrease) increase in other liabilities 496 (12,826)
Net cash (used in) provided by operating activities 54,730 37,364
Cash Flows from Investing Activities    
Purchase of equity securities (4)  
Purchases of debt securities available for sale (356,700) (227,182)
Purchase of FHLB stock   (3,700)
Proceeds from sales of equity securities 33 958
Proceeds from sales of debt securities available for sale   227,371
Proceeds from paydowns and maturities of debt securities held to maturity   13,922
Proceeds from paydowns and maturities of debt securities available for sale 315,988 146,566
Proceeds from the redemption of FHLB stock   3,720
Net cash (received) paid in acquisitions   (49,387)
Net change in loans (546,599) (89,642)
Cash paid for premiums on bank-owned life insurance (116) (3)
Purchases of premises and equipment (3,029) (5,918)
Proceeds from life insurance 2,512 1,672
Proceeds from disposition of premises and equipment 802 3
Capitalized expenditures on OREO   (2)
Proceeds from sale of OREO 413 1,119
Net cash (used in) provided by investing activities (586,700) 19,497
Cash Flows from Financing Activities    
Net change in deposits 1,007,979 145,499
Net change in federal funds purchased and securities sold under agreements to repurchase (11,242) (45,549)
Proceeds from other borrowings 142,634 60,000
Repayment of other borrowings (54,000) (3,000)
Net change in short-term FHLB advances 1,609 (2,297)
Cash dividends paid (24,023) (21,947)
Purchase of treasury stock (9,669) (8,433)
Cash paid for withholding taxes on share-based payments (635) (835)
Proceeds from stock options exercised 101 169
Common stock issuance costs   (234)
Net cash (used in) provided by financing activities 1,052,754 123,373
Net (decrease) increase in cash and cash equivalents 520,784 180,234
Cash and cash equivalents, beginning of period 529,288 239,973
Cash and cash equivalents, ending of period 1,050,072 420,207
Cash Payments for:    
Interest 25,761 33,122
Income taxes 4,510 10,555
Non-cash Investing and Financing Activities:    
OREO acquired in settlement of loans $ 1,158 1,396
Transfer of debt securities held to maturity to available for sale   $ 573,639