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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
OPERATING ACTIVITIES      
Net income $ 72,100 $ 40,847 $ 38,723
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 9,519 8,058 6,642
Net (gains) losses on sale or disposal of premises and equipment 992 184 (516)
Provision for loan losses 4,091 5,264 5,648
Net write-downs and losses on sale of other real estate owned 1,953 15,696 4,950
Stock based compensation expense 2,261 1,485 2,057
Amortization of intangible assets 4,376 3,741 2,330
Provision for deferred taxes 847 (344) 6,516
Net amortization of investment securities available for sale 7,057 5,881 3,666
Net gains on securities available for sale (94) (137) (138)
Accretion of discount on purchased non-covered loans (13,284) (10,590) (9,745)
Amortization of premium on non-covered loan pools 5,653 1,165 0
Accretion of discount on covered loans (3,353) (9,658) (22,188)
Net accretion of other borrowings (76) 0 401
Amortization of subordinated deferrable interest debentures 1,453 1,043 807
Originations of mortgage loans held for sale (1,403,954) (1,038,691) (687,090)
Payments received on mortgage loans held for sale 1,390 1,331 1,299
Proceeds from sales of mortgage loans held for sale 1,340,668 989,979 694,130
Net gains on mortgage loans held for sale (52,198) (40,389) (28,532)
Originations of SBA loans (69,512) (54,594) (58,089)
Proceeds from sales of SBA loans 28,268 39,484 32,782
Net gains on sales of SBA loans (3,974) (4,522) (3,896)
Increase in cash surrender value of BOLI (1,734) (1,384) (1,623)
Changes in FDIC loss-share receivable/payable, net of cash payments received 11,798 5,777 11,596
Decrease (increase) decrease in interest receivable (1,004) (4,251) (1,952)
Increase (decrease) in interest payable 446 (327) (49)
Increase (decrease) in taxes payable (8,328) 9,033 (7,221)
Change attributable to other operating activities (5,128) 10,696 3,896
Net cash provided by (used in) operating activities (69,767) (25,223) (5,596)
INVESTING ACTIVITIES, net of effects of business combinations      
Purchases of securities available for sale (200,823) (249,115) (126,909)
Proceeds from maturities of securities available for sale 131,390 89,030 51,215
Proceeds from sale of securities available for sale 75,990 72,528 94,051
Net decrease (increase) in other investments (17,936) 1,824 8,028
Net increase in loans, excluding purchased non-covered and covered loans (1,063,345) (442,180) (251,955)
Payments received on purchased non-covered loans 215,958 154,666 74,931
Purchases of non-covered loan pools (152,091) (622,533) 0
Payments received on non-covered loan pools 171,087 28,405 0
Payments received on covered loans 31,494 79,372 102,996
Purchases of premises and equipment (10,977) (12,576) (5,709)
Proceeds from sale of premises and equipment 295 244 1,213
Proceeds from sales of other real estate owned 22,483 43,269 43,793
Purchase of bank owned life insurance 0 (4,000) 0
Payments received from FDIC under loss-sharing agreements 816 19,273 22,494
Net cash proceeds received (paid) from acquisitions (7,206) 673,933 17,022
Net cash provided by (used in) investing activities (802,865) (167,860) 31,170
FINANCING ACTIVITIES, net of effects of business combinations      
Net increase (decrease) in deposits 294,513 353,984 62,894
Net increase (decrease) in securities sold under agreements to repurchase (10,080) (9,725) (15,634)
Proceeds from other borrowings 635,886 0 118,963
Repayment of other borrowings (231,020) (39,881) (257,060)
Dividends paid - preferred stock 0 0 (286)
Redemption of preferred stock 0 0 (28,000)
Issuance of common stock 0 114,889 0
Proceeds from exercise of stock options 964 1,191 459
Dividends paid - common stock (8,584) (6,439) (4,016)
Purchase of treasury shares (1,225) (732) (474)
Net cash provided by (used in) financing activities 680,454 413,287 (123,154)
Net increase (decrease) in cash and due from banks (192,178) 220,204 (97,580)
Cash and cash equivalents at beginning of period 390,563 170,359 267,939
Cash and cash equivalents at end of period 198,385 390,563 170,359
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION      
Cash paid during the year for: Interest 19,248 15,183 14,667
Cash paid during the year for: Income taxes 40,575 5,828 19,281
Loans (excluding purchased non-covered and covered loans) transferred to other real estate owned 3,203 11,261 11,972
Purchased non-covered loans transferred to other real estate owned 4,419 4,473 4,160
Covered loans transferred to other real estate owned 2,810 7,910 13,650
Loans transferred from mortgage loans available for sale to loans 119,352 71,347 0
Loans provided for the sales of other real estate owned 1,942 4,826 1,109
Assets acquired in business combinations 561,440 1,169,990 448,971
Liabilities assumed in business combinations 465,048 1,099,988 411,701
Issuance of common stock in acquisitions 72,455 0 34,474
Change in unrealized gain (loss) on securities available for sale, net (4,435) (2,389) 7,281
Change in unrealized gain (loss) on cash flow hedge (interest rate swap), net $ 24 $ (356) $ (889)