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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Operating Activities          
Net income $ 38,904 $ 9,387 $ 78,809 $ 36,047  
Adjustments reconciling net income to net cash provided by (used in) operating activities:          
Depreciation     5,292 4,546  
Net losses on sale or disposal of premises and equipment including write-downs     70 91  
Net write-downs on other assets     3,580 0  
Provision for loan losses 4,668 9,110 8,076 10,911 $ 16,667
Net losses on sale of other real estate owned including write-downs     84 385  
Share-based compensation expense     1,514 4,151  
Amortization of intangible assets 3,121 2,252 6,253 3,186  
Amortization of operating lease right-of-use assets     3,029    
Provision for deferred taxes     3,962 (1,448)  
Net amortization of investment securities available for sale     1,653 2,896  
Net (gain) loss on securities (69) 123 (135) 86  
Accretion of discount on purchased loans     (6,125) (4,340)  
Amortization of premium on purchased loan pools     673 1,016  
Accretion on other borrowings     41 65  
Accretion on subordinated deferrable interest debentures     684 661  
Originations of mortgage loans held for sale     (798,429) (882,484)  
Payments received on mortgage loans held for sale     488 773  
Proceeds from sales of mortgage loans held for sale     745,876 778,216  
Net gains on sale of mortgage loans held for sale     (27,222) (16,860)  
Originations of SBA loans     (33,191) (16,246)  
Proceeds from sales of SBA loans     29,952 21,038  
Net gains on sale of SBA loans     (2,476) (1,840)  
Increase in cash surrender value of bank owned life insurance     (968) (782)  
Changes in FDIC loss-share payable, net of cash payments     3,431 1,611  
Change attributable to other operating activities     3,955 2,856  
Net cash provided by (used in) operating activities     28,876 (55,465)  
Investing Activities, net of effects of business combinations          
Proceeds from maturities of time deposits in other banks     10,064 0  
Purchases of securities available for sale     (219,352) (155,476)  
Proceeds from prepayments and maturities of securities available for sale     99,408 69,948  
Proceeds from sales of securities available for sale     64,995 46,437  
Net (increase) decrease in other investments     (17,949) 9,171  
Net increase in loans, excluding purchased loans     (880,247) (361,575)  
Payments received on purchased loans     245,411 108,727  
Payments received on purchased loan pools     20,955 37,742  
Purchases of premises and equipment     (4,610) (3,066)  
Proceeds from sales of premises and equipment     762 507  
Proceeds from sales of other real estate owned     4,854 5,875  
Payments paid to FDIC under loss-share agreements     (2,322) (1,017)  
Net cash and cash equivalents received in acquisitions     0 52,016  
Net cash used in investing activities     (678,031) (190,711)  
Financing Activities, net of effects of business combinations          
Net decrease in deposits     (66,943) (28,861)  
Net decrease in securities sold under agreements to repurchase     (17,077) (19,636)  
Proceeds from other borrowings     415,000 1,150,000  
Repayment of other borrowings     (2,179) (753,579)  
Proceeds from exercise of stock options     54 846  
Dividends paid - common stock     (9,511) (7,558)  
Purchase of treasury shares     (11,561) (985)  
Net cash provided by financing activities     307,783 340,227  
Net (decrease) increase in cash and cash equivalents     (341,372) 94,051  
Cash and cash equivalents at beginning of period     679,527 330,658 330,658
Cash and cash equivalents at end of period $ 338,155 $ 424,709 338,155 424,709 $ 679,527
Cash paid during the period for:          
Interest     51,250 23,213  
Income taxes     21,377 4,018  
Loans (excluding purchased loans) transferred to other real estate owned     443 1,691  
Purchased loans transferred to other real estate owned     2,432 536  
Loans transferred from loans held for sale to loans held for investment     0 180,750  
Loans transferred from loans held for investment to loans held for sale     64,773 2,796  
Loans provided for the sales of other real estate owned     144 53  
Initial recognition of operating lease right-of-use assets     27,286    
Initial recognition of operating lease liabilities     29,651    
Right-of-use assets obtained in exchange for new operating lease liabilities     262    
Assets acquired in business acquisitions     373 3,058,197  
Liabilities assumed in business acquisitions     (1,922) 2,408,837  
Issuance of common stock in acquisitions     0 547,127  
Change in unrealized gain (loss) on securities available for sale, net of tax     21,700 (11,585)  
Change in unrealized gain (loss) on cash flow hedge, net of tax     $ (412) $ 294