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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 $ 90,930 $ 68,014 $ 59,582
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses 7,530 4,750 6,167
Depreciation, amortization and accretion 207 5,953 8,104
Deferred income tax expense 11,037 13,751 9,291
Funding of mortgage loans held for sale (1,951,144) (1,483,937) (547,402)
Proceeds from sales of mortgage loans held for sale 2,031,036 1,647,648 563,808
Gains on sales of mortgage loans held for sale (31,654) (25,292) (8,594)
Gains on sales of securities (1,186) (96) (375)
Loss on extinguishment of debt 2,539 0 0
Losses (gains) on sales of premises and equipment 115 105 (72)
Stock-based compensation 3,117 4,435 3,909
Decrease in FDIC loss share indemnification asset, net of accretion and amortization 2,891 4,409 14,399
Loss on termination of FDIC loss share agreements 2,053 0 0
Decrease in other assets 13,020 12,705 21,303
(Decrease) increase in other liabilities (16,694) 180 (5,437)
Net cash provided by operating activities 163,797 252,625 124,683
Investing activities      
Purchases of securities available for sale (140,133) (72,114) (124,296)
Proceeds from sales of securities available for sale 4,028 8,444 1,099
Proceeds from call/maturities of securities available for sale 158,359 111,663 80,305
Purchases of securities held to maturity (15,267) (144,027) (155,868)
Proceeds from call/maturities of securities held to maturity 119,405 145,449 136,013
Net increase in loans (504,640) (298,676) (120,787)
Purchases of premises and equipment (13,560) (25,165) (22,179)
Proceeds from sales of premises and equipment 2,462 2,219 2,911
Proceeds from sales of other assets 16,939 0 0
Payment made to FDIC to terminate loss share agreements (4,849) 0 0
Net cash received in acquisition 25,263 24,776 0
Net cash used in investing activities (351,993) (247,431) (202,802)
Financing activities      
Net increase in noninterest-bearing deposits 209,943 79,342 63,852
Net (decrease) increase in interest-bearing deposits 279,146 (77,124) (67,346)
Net (decrease) increase in short-term borrowings (314,952) 375,220 30,120
Proceeds from long-term debt 98,385 40 0
Repayment of long-term debt (47,230) (308,766) (13,557)
Cash paid for dividends (29,734) (24,557) (21,518)
Cash received on exercise of stock options 415 102 401
Excess tax benefits from exercise of stock options 2,771 537 1,102
Proceeds from equity offering 84,105 0 0
Net cash provided by (used in) financing activities 282,849 44,794 (6,946)
Net increase (decrease) in cash and cash equivalents 94,653 49,988 (85,065)
Cash and cash equivalents at beginning of year 211,571 161,583 246,648
Cash and cash equivalents at end of year 306,224 211,571 161,583
Supplemental disclosures      
Cash paid for interest 25,871 21,615 24,103
Cash paid for income taxes 22,731 18,610 17,503
Noncash transactions:      
Transfers of loans to other real estate 8,870 14,935 15,692
Financed sales of other real estate owned 2,070 1,134 860
Transfers of loans held for sale to loan portfolio 17,838 11,096 0
Common stock issued in acquisition of businesses $ 55,290 $ 281,530 $ 0