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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating Activities    
Net income $ 77,491 $ 64,398
Adjustments reconciling net income to net cash provided by (used in) operating activities:    
Depreciation 7,359 6,918
Net losses on sale or disposal of premises and equipment including write-downs 78 956
Provision for loan losses 13,006 5,828
Net losses (gains) on sale of other real estate owned including write-downs 947 501
Share-based compensation expense 5,433 2,419
Amortization of intangible assets 5,862 2,990
Provision for deferred taxes 1,023 (962)
Net amortization of investment securities available for sale 3,909 4,815
Net loss (gain) on securities 38 (37)
Accretion of discount on purchased loans (8,083) (9,023)
Amortization of premium on purchased loan pools 1,473 2,943
Accretion on other borrowings 98 62
Accretion on subordinated deferrable interest debentures 1,001 992
Originations of mortgage loans held for sale (1,361,509) (1,113,188)
Payments received on mortgage loans held for sale 840 799
Proceeds from sales of mortgage loans held for sale 1,188,493 961,831
Net gains on sale of mortgage loans held for sale (28,236) (36,451)
Originations of SBA loans (18,032) (25,720)
Proceeds from sales of SBA loans 27,275 23,952
Net gains on sale of SBA loans (2,246) (3,423)
Increase in cash surrender value of bank owned life insurance (1,311) (1,188)
Changes in FDIC loss-share payable, net of cash payments received 1,823 1,974
Change attributable to other operating activities (10,268) 12,931
Net cash used in operating activities (93,536) (95,683)
Investing Activities, net of effects of business combinations    
Purchases of securities available for sale (234,711) (83,090)
Proceeds from prepayments and maturities of securities available for sale 112,119 85,036
Proceeds from sales of securities available for sale 68,727 3,090
Net decrease (increase) in other investments 12,040 (12,669)
Net increase in loans, excluding purchased loans (437,513) (786,548)
Payments received on purchased loans 208,910 155,033
Payments received on purchased loan pools 60,042 95,533
Purchases of premises and equipment (7,335) (3,016)
Proceeds from sales of premises and equipment 576 16
Proceeds from sales of other real estate owned 7,461 11,989
Payments paid to FDIC under loss-share agreements (1,205) (97)
Net cash and cash equivalents received in acquisitions 51,495 0
Net cash used in investing activities (159,394) (534,723)
Financing Activities, net of effects of business combinations    
Net increase in deposits 389,884 320,341
Net decrease in securities sold under agreements to repurchase (16,567) (39,349)
Proceeds from other borrowings 1,530,000 1,687,692
Repayment of other borrowings (1,338,917) (1,371,503)
Issuance of common stock 0 88,656
Proceeds from exercise of stock options 846 1,912
Dividends paid - common stock (11,655) (10,927)
Purchase of treasury shares (2,062) (886)
Net cash provided by financing activities 551,529 675,936
Net increase in cash and cash equivalents 298,599 45,530
Cash and cash equivalents at beginning of period 330,658 198,385
Cash and cash equivalents at end of period 629,257 243,915
Cash paid during the period for:    
Interest 45,535 23,369
Income taxes 10,252 28,212
Loans (excluding purchased loans) transferred to other real estate owned 3,764 4,043
Purchased loans transferred to other real estate owned 2,434 4,294
Loans transferred from loans held for sale to loans held for investment 10,817 0
Loans transferred from loans held for investment to loans held for sale 8,831 0
Loans provided for the sales of other real estate owned 53 1,334
Assets acquired in business acquisitions 3,059,856 0
Liabilities assumed in business acquisitions 2,410,453 0
Issuance of common stock in acquisitions 547,127 0
Issuance of common stock in exchange for equity investment in US Premium Finance Holding Company 0 5,844
Change in unrealized gain (loss) on securities available for sale, net of tax (15,590) 4,337
Change in unrealized gain (loss) on cash flow hedge, net of tax $ 294 $ (38)