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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating Activities      
Net income $ 73,548 $ 72,100 $ 40,847
Adjustments to reconcile net income to net cash used in operating activities:      
Depreciation 9,196 9,519 8,058
Net losses (gains) on sale or disposal of premises and equipment 1,264 992 184
Provision for loan losses 8,364 4,091 5,264
Net write-downs and losses on sale of other real estate owned 500 1,953 15,696
Share-based compensation expense 3,316 2,261 1,485
Amortization of intangible assets 3,932 4,376 3,741
Provision for deferred taxes 12,430 847 (344)
Net amortization of investment securities available for sale 6,384 7,057 5,881
Net gains on securities available for sale (37) (94) (137)
Accretion of discount on purchased loans (11,308) (16,637) (20,248)
Amortization of premium on purchased loan pools 3,543 5,653 1,165
Net amortization (accretion) on other borrowings 95 (76) 0
Amortization of subordinated deferrable interest debentures 1,322 1,453 1,043
Originations of mortgage loans held for sale (1,502,314) (1,403,954) (1,038,691)
Payments received on mortgage loans held for sale 1,238 1,390 1,331
Proceeds from sales of mortgage loans held for sale 1,370,008 1,340,668 989,979
Net gains on mortgage loans held for sale (46,913) (52,198) (40,389)
Originations of SBA loans (33,104) (69,512) (54,594)
Proceeds from sales of SBA loans 30,696 28,268 39,484
Net gains on sales of SBA loans (4,590) (3,974) (4,522)
Increase in cash surrender value of bank owned life insurance (1,588) (1,734) (1,384)
Changes in FDIC loss-share receivable/payable, net of cash payments received 3,005 11,798 5,777
Decrease (increase) in interest receivable (3,728) (1,004) (4,251)
Increase (decrease) in interest payable 1,757 446 (327)
Increase (decrease) in taxes payable (473) (8,328) 9,033
Change attributable to other operating activities 10,895 (5,128) 10,696
Net cash used in operating activities (62,562) (69,767) (25,223)
Investing Activities, net of effects of business combinations      
Purchases of securities available for sale (113,261) (200,823) (249,115)
Proceeds from prepayments and maturities of securities available for sale 115,166 131,390 89,030
Proceeds from sale of securities available for sale 3,090 75,990 72,528
Net decrease (increase) in other investments 11,046 (17,936) 1,824
Net increase in loans, excluding purchased loans (1,016,409) (1,063,345) (442,180)
Payments received on purchased loans 210,470 247,452 234,038
Purchases of purchased loan pools 0 (152,091) (622,533)
Payments received on purchased loan pools 112,330 171,087 28,405
Purchases of premises and equipment (3,760) (10,977) (12,576)
Proceeds from sale of premises and equipment 16 295 244
Proceeds from sales of other real estate owned 14,920 22,483 43,269
Purchase of bank owned life insurance 0 0 (4,000)
Payments received from (paid to) FDIC under loss-sharing agreements (515) 816 19,273
Net cash proceeds received from (paid in) acquisitions 0 (7,206) 673,933
Net cash used in investing activities (666,907) (802,865) (167,860)
Financing Activities, net of effects of business combinations      
Net increase (decrease) in deposits 1,050,682 294,513 353,984
Net increase (decrease) in securities sold under agreements to repurchase (22,867) (10,080) (9,725)
Proceeds from other borrowings 1,837,692 635,886 0
Repayment of other borrowings (2,079,554) (231,020) (39,881)
Issuance of common stock 88,656 0 114,889
Proceeds from exercise of stock options 2,669 964 1,191
Dividends paid - common stock (14,650) (8,584) (6,439)
Purchase of treasury shares (886) (1,225) (732)
Net cash provided by financing activities 861,742 680,454 413,287
Net increase (decrease) in cash and cash equivalents 132,273 (192,178) 220,204
Cash and cash equivalents at beginning of period 198,385 390,563 170,359
Cash and cash equivalents at end of period 330,658 198,385 390,563
Cash paid during the year for:      
Interest 32,465 19,248 15,183
Income taxes 38,939 40,575 5,828
Loans (excluding purchased loans) transferred to other real estate owned 4,372 3,203 11,261
Purchased loans transferred to other real estate owned 5,023 7,229 12,383
Loans transferred from loans held for sale to loans held for investment 212,850 119,352 71,347
Loans transferred from loans held for investment to loans held for sale 119,389 0 0
Loans provided for the sales of other real estate owned 1,334 1,942 4,826
Assets acquired in business combinations 0 561,440 1,169,990
Liabilities assumed in business combinations 0 465,048 1,099,988
Issuance of common stock in acquisitions 0 72,455 0
Issuance of common stock in exchange for equity investment in US Premium Finance Holding Company 5,844 0 0
Change in unrealized gain (loss) on securities available for sale, net of tax (338) (4,435) (2,389)
Change in unrealized gain (loss) on cash flow hedge, net of tax $ 116 $ 24 $ (356)