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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash Flow From Operating Activities:      
Net income $ 159,139 $ 96,070 $ 81,051
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses 7,227 9,143 5,657
Depreciation and amortization 8,842 7,967 7,161
Change in deferred taxes 3,524 15,523 8,611
Share-based compensation 3,592 2,827 2,600
Loans originated for sale (372,791) (377,252) (354,265)
Proceeds from sales of loans held for sale 380,254 387,095 367,148
Gains on sales of loans held for sale (5,025) (5,910) (5,918)
Gains on sales of securities available for sale (4,269) (2,631) (3,389)
Increase in cash surrender of life insurance (4,020) (3,906) (3,630)
Gains on life insurance benefits (198) (2,671) (643)
Change in interest receivable (3,751) (6,838) (1,779)
Change in interest payable 1,217 31 18
Other adjustments 6,494 7,054 1,097
Net cash provided by operating activities 180,235 126,502 103,719
Cash Flows from Investing Activities:      
Net change in interest-bearing deposits (1,936) 237,936 7,856
Purchases of:      
Securities available for sale (370,284) (479,045) (281,470)
Securities held to maturity (30,465) (30,220) (110,797)
Proceeds from sales of securities available for sale 154,519 94,165 167,186
Proceeds from maturities of:      
Securities available for sale 77,881 70,846 73,956
Securities held to maturity 66,129 72,220 119,052
Redemption (Purchase) of Federal Reserve and Federal Home Loan Bank stock (763) 40 19,669
Net change in loans (483,418) (670,000) (452,781)
Net cash and cash equivalents received in acquisition 54,536
Proceeds from the sale of other real estate owned 9,121 6,584 9,974
Proceeds from life insurance benefits 2,836 11,655 3,141
Other investing activities 804 (4,047) (4,490)
Net cash used in investing activities (575,576) (635,330) (448,704)
Net change in :      
Demand and savings deposits 526,859 425,742 332,600
Certificates of deposit and other time deposits 55,204 75,236 (66,920)
Borrowings 1,515,526 1,088,189 1,107,795
Repayment of borrowings (1,677,860) (1,024,166) (982,449)
Cash dividends on common stock (41,660) (31,820) (22,203)
Stock issued under employee benefit plans 707 519 462
Stock issued under dividend reinvestment and stock purchase plans 1,211 991 835
Stock options exercised 1,598 2,398 2,602
Stock redeemed (1,902) (1,283) (1,980)
Net cash provided by financing activities 379,683 535,806 370,742
Net Change in Cash and Cash Equivalents (15,658) 26,978 25,757
Cash and Cash Equivalents, beginning of the year 154,905 127,927 102,170
Cash and Cash Equivalents, end of year 139,247 154,905 127,927
Additional cash flow information:      
Interest paid 67,870 36,332 26,821
Income tax paid 23,289 22,421 11,999
Loans transferred to other real estate owned 855 8,360 1,684
Fixed assets transferred to other assets 374 6,753 360
Non-cash investing activities using trade date accounting 6,551 9,401 14,179
Investments transferred from held to maturity to available for sale in accordance with ASU 2017-12 30,794
Liabilities assumed in conjunction with acquisitions      
Fair value of assets acquired 0 1,531,397 0
Cash received (paid) in acquisition (12)
Less: Common stock issued 321,431
Liabilities assumed $ 0 $ 1,209,954 $ 0