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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
CONSOLIDATED STATEMENTS OF CASH FLOWS [Abstract]      
Net Income $ 56,152 $ 46,435 $ 39,839
ADJUSTMENTS TO RECONCILE NET INCOME TO NET CASH FROM OPERATING ACTIVITIES      
Proceeds from the sale of equity securities at fair value 0 560 0
Proceeds from sales of loans held for sale 1,478,908 642,537 463,699
Disbursements for loans held for sale (1,438,982) (647,606) (457,077)
Provision for loan losses 12,463 824 1,503
Deferred income tax (benefit) expense (2,130) 1,088 9,294
Net deferred loan fees (costs) 1,686 (2,936) (4,044)
Net depreciation, amortization of intangible assets and premiums and accretion of discounts on securities, loans and interest bearing deposits - time 9,161 6,059 6,033
Net gains on mortgage loans (62,560) (19,978) (10,597)
Net gains on securities available for sale (267) (307) (138)
Net (gains) losses on other real estate and repossessed assets 64 (90) (672)
Share based compensation 1,980 1,854 1,731
Increase in accrued income and other assets (8,477) (6,573) (4,890)
Increase in accrued expenses and other liabilities 10,175 12,113 240
Total Adjustments 2,021 (12,455) 5,082
Net Cash From Operating Activities 58,173 33,980 44,921
CASH FLOW USED IN INVESTING ACTIVITIES      
Proceeds from the sale of securities available for sale 38,095 68,716 48,736
Proceeds from maturities, prepayments and calls of securities available for sale 306,691 153,938 160,627
Purchases of securities available for sale (859,068) (237,672) (103,493)
Proceeds from the sale of interest bearing deposits - time 0 0 2,474
Proceeds from the maturity of interest bearing deposits - time 350 250 3,728
Purchase of Federal Home Loan Bank stock (68) 0 0
Purchase of Federal Reserve Bank stock 0 0 (2,038)
Net increase in portfolio loans (loans originated, net of principal payments) (41,861) (215,276) (344,330)
Proceeds from the sale of portfolio loans 2,395 50,516 27,658
Cash received in the acquisition of TCSB Bancorp Inc. 0 0 23,516
Proceeds from the collection of vehicle service contract counterparty receivables 511 512 511
Proceeds from the sale of other real estate and repossessed assets 1,367 1,766 2,526
Proceeds from bank-owned life insurance 1,441 470 474
Proceeds from the sale of property and equipment 1,133 74 106
Capital expenditures (4,383) (4,936) (3,862)
Net Cash Used in Investing Activities (553,397) (181,642) (183,367)
CASH FLOW FROM FINANCING ACTIVITIES      
Net increase in total deposits 600,628 123,299 225,185
Net increase (decrease) in other borrowings (24,994) 25,002 (6,600)
Proceeds from Federal Home Loan Bank advances 239,254 111,000 1,272,000
Payments of Federal Home Loan Bank advances (272,910) (73,143) (1,308,697)
Proceeds from issuance of subordinated debt, net of issuance costs 39,236 0 0
Dividends paid (17,618) (16,554) (14,055)
Proceeds from issuance of common stock 15 284 267
Repurchase of common stock (14,231) (26,284) (12,681)
Share based compensation withholding obligation (755) (882) (1,467)
Net Cash From Financing Activities 548,625 142,722 153,952
Net Increase (Decrease) in Cash and Cash Equivalents 53,401 (4,940) 15,506
Cash and Cash Equivalents at Beginning of Year 65,304 70,244 54,738
Cash and Cash Equivalents at End of Year 118,705 65,304 70,244
Cash paid during the year for      
Interest 16,912 26,697 16,737
Income taxes 15,500 9,534 120
Operating leases 1,785 2,201 0
Transfers to other real estate and repossessed assets 332 2,242 1,510
Transfer of mortgage loans to held for sale 0 36,622 41,471
Securitization of portfolio loans 26,324 65,070 10,869
Right of use assets obtained in exchange for lease obligations 1,587 9,906 0
Purchase of securities available for sale not yet settled 1,000 0 0
Common stock and stock options issued in TCSB Bancorp, Inc. acquisition $ 0 $ 0 $ 64,536