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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating activities    
Net income $ 23,972 $ 21,216
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for loan losses 1,500 1,800
Depreciation, amortization and accretion 11,566 739
Deferred income tax expense 3,946 2,832
Funding of mortgage loans held for sale (318,144) (458,500)
Proceeds from sales of mortgage loans held for sale 343,945 391,552
Gains on sales of mortgage loans held for sale (6,554) (5,847)
Losses on sales of securities 0 71
Penalty on extinguishment of debt 205 0
Losses on sales of premises and equipment 512 5
Stock-based compensation 1,174 859
Decrease in FDIC loss-share indemnification asset, net of accretion 0 1,067
Decrease in other assets 18,882 11,827
Decrease in other liabilities (14,662) (8,298)
Net cash provided by (used in) operating activities 66,342 (40,677)
Investing activities    
Purchases of securities available for sale (52,683) (32,396)
Proceeds from sales of securities available for sale 2,946 4
Proceeds from call/maturities of securities available for sale 30,800 29,803
Purchases of securities held to maturity 0 (5,785)
Proceeds from call/maturities of securities held to maturity 7,710 15,193
Net increase in loans (43,182) (157,198)
Purchases of premises and equipment (4,441) (2,656)
Proceeds from sales of premises and equipment 13 0
Proceeds from sales of other assets 5,307 3,611
Net cash used in investing activities (53,530) (149,424)
Financing activities    
Net increase in noninterest-bearing deposits 18,224 106,166
Net increase in interest-bearing deposits 154,001 106,105
Net decrease in short-term borrowings (99,721) (8,024)
Repayment of long-term debt (10,790) (938)
Cash paid for dividends (8,030) (6,892)
Net stock-based compensation transactions (1,976) 382
Excess tax benefit from stock-based compensation 0 214
Net cash provided by financing activities 51,708 197,013
Net increase in cash and cash equivalents 64,520 6,912
Cash and cash equivalents at beginning of period 306,224 211,571
Cash and cash equivalents at end of period 370,744 218,483
Supplemental disclosures    
Cash paid for interest 9,635 6,297
Cash paid for income taxes 7,181 5,460
Noncash transactions:    
Transfers of loans to other real estate owned 3,168 1,954
Financed sales of other real estate owned 237 92
Transfers of loans held for sale to loan portfolio $ 0 $ 6,610