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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income $ 26,699 $ 28,143
Adjustments reconciling net income to net cash used in operating activities:    
Depreciation 6,504 5,850
Amortization of intangible assets 2,581 1,668
Net amortization of investment securities available for sale 4,397 2,609
Net gains on securities available for sale (137) (138)
Stock based compensation expense 1,140 1,230
Net (gains) losses on sale or disposal of premises and equipment 83 (615)
Net write-downs and losses on sale of other real estate owned 12,193 2,344
Provision for loan losses 4,711 4,760
Accretion of discount on covered loans (8,105) (20,822)
Accretion of discount on purchased non-covered loans (8,055) (5,840)
Changes in FDIC loss-share receivable, net of cash payments received 7,756 8,699
Increase in cash surrender value of BOLI (1,027) (973)
Originations of mortgage loans held for sale (784,548) (504,164)
Proceeds from sales of mortgage loans held for sale 748,509 468,671
Net gains on sale of mortgage loans held for sale (30,427) (19,501)
Originations of SBA loans (41,116) (43,771)
Proceeds from sales of SBA loans 29,381 23,366
Net gains on sale of SBA loans (3,158) (2,351)
Change attributable to other operating activities 14,630 3,685
Net cash used in operating activities (17,989) (47,150)
Cash flows from investing activities, net of effect of business combinations:    
Net decrease in federal funds sold and interest-bearing deposits 77,586 180,742
Purchase of securities available for sale (246,090) (102,340)
Proceeds from maturities of securities available for sale 64,390 37,706
Proceeds from sales of securities available for sale 69,208 92,975
Decrease in restricted equity securities, net 1,825 5,116
Net increase in loans, excluding purchased non-covered and covered loans (349,541) (201,552)
Purchases of loan pools (422,956) 0
Payments received on purchased non-covered loans 123,311 58,350
Payments received on purchased loan pools 12,884 0
Payments received on covered loans 60,930 85,946
Purchases of premises and equipment (11,057) (3,779)
Proceeds from sales of premises and equipment 282 1,213
Proceeds from sales of other real estate owned 33,460 31,913
Payments received from FDIC under loss-share agreements 19,089 18,509
Net cash proceeds received from acquisitions 567,652 1,099
Net cash provided by investing activities 973 205,898
Cash flows from financing activities, net of effect of business combinations:    
Net increase in deposits 46,315 4,864
Net decrease in securities sold under agreements to repurchase (63,392) (56,593)
Proceeds from other borrowings 0 117,463
Repayment of other borrowings (39,881) (187,032)
Redemption of preferred stock 0 (28,000)
Dividends paid - preferred stock 0 (286)
Dividends paid - common stock (4,829) (2,678)
Purchase of treasury shares (732) (432)
Issuance of common stock 114,889 0
Proceeds from exercise of stock options 1,006 412
Net cash provided by (used in) financing activities 53,376 (152,282)
Net increase in cash and due from banks 36,360 6,466
Cash and due from banks at beginning of period 78,036 62,955
Cash and due from banks at end of period 114,396 69,421
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest 11,106 10,773
Income taxes 2,739 15,008
Loans (excluding purchased non-covered and covered loans) transferred to other real estate owned 9,838 9,268
Purchased non-covered loans transferred to other real estate owned 2,565 1,955
Covered loans transferred to other real estate owned 6,909 10,840
Loans provided for the sales of other real estate owned 4,996 987
Change in unrealized gain on securities available for sale, net of tax (1,143) 4,847
Change in unrealized loss on cash flow hedge (interest rate swap), net of tax (669) (489)
Issuance of common stock in acquisitions $ 0 $ 34,474