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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities    
Net income $ 49,256 $ 44,116
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for loan losses 3,250 3,230
Depreciation, amortization and accretion 2,625 1,309
Deferred income tax expense 2,219 3,845
Funding of mortgage loans held for sale (772,456) (1,006,507)
Proceeds from sales of mortgage loans held for sale 729,532 968,800
Gains on sales of mortgage loans held for sale (11,608) (12,971)
Gains on sales of securities 0 (1,186)
Penalty on prepayment of debt 205 329
Losses on sales of premises and equipment 546 102
Stock-based compensation expense 2,411 1,715
Decrease in FDIC loss-share indemnification asset, net of accretion 0 1,049
Decrease (increase) in other assets 10,428 (6,613)
Decrease in other liabilities (8,715) (3,464)
Net cash provided by (used in) operating activities 7,693 (6,246)
Investing activities    
Purchases of securities available for sale (119,766) (34,651)
Proceeds from sales of securities available for sale 2,946 4,028
Proceeds from call/maturities of securities available for sale 60,928 72,069
Purchases of securities held to maturity 0 (9,073)
Proceeds from call/maturities of securities held to maturity 15,507 81,510
Net increase in loans (163,349) (272,514)
Purchases of premises and equipment (7,668) (5,651)
Proceeds from sales of premises and equipment 1,255 1,198
Proceeds from sales of other assets 7,385 7,957
Net cash received in acquisition of businesses 0 25,263
Net cash used in investing activities (202,762) (129,864)
Financing activities    
Net increase in noninterest-bearing deposits 81,506 107,969
Net increase in interest-bearing deposits 62,405 25,791
Net increase in short-term borrowings 10,445 20,361
Proceeds from long-term borrowings 0 277
Repayment of long-term debt (11,063) (5,436)
Cash paid for dividends (16,068) (14,498)
Net stock-based compensation transactions (2,319) 401
Excess tax benefit from stock-based compensation 0 482
Net cash provided by financing activities 124,906 135,347
Net decrease in cash and cash equivalents (70,163) (763)
Cash and cash equivalents at beginning of period 306,224 211,571
Cash and cash equivalents at end of period 236,061 210,808
Supplemental disclosures    
Cash paid for interest 16,155 12,624
Cash paid for income taxes 12,701 16,411
Noncash transactions:    
Transfers of loans to other real estate owned 4,227 3,508
Financed sales of other real estate owned 257 150
Transfers of loans held for sale to loan portfolio 0 14,375
Common stock issued in acquisition of businesses $ 0 $ 55,290