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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating activities    
Net income $ 91,735,000 $ 70,536,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for loan losses 2,400,000 3,560,000
Depreciation, amortization and accretion 1,607,000 1,854,000
Deferred income tax expense 8,585,000 3,476,000
Funding of mortgage loans held for sale (938,825,000) (838,564,000)
Proceeds from sales of mortgage loans held for sale 856,243,000 721,351,000
Gains on sales of mortgage loans held for sale (20,789,000) (19,517,000)
Gains on sales of securities (5,000) 0
Gains on sales of premises and equipment (1,073,000) (225,000)
Stock-based compensation expense 4,719,000 3,712,000
Net change in other loans held for sale 55,792,000 0
Increase in other assets (4,815,000) (6,649,000)
Decrease in other liabilities (10,762,000) (12,657,000)
Net cash provided by (used in) operating activities 44,812,000 (73,123,000)
Investing activities    
Purchases of securities available for sale (125,503,000) (497,845,000)
Proceeds from sales of securities available for sale 12,612,000 0
Proceeds from call/maturities of securities available for sale 120,738,000 63,655,000
Net decrease (increase) in loans 37,634,000 (140,205,000)
Purchases of premises and equipment (16,491,000) (10,313,000)
Proceeds from sales of premises and equipment 2,240,000 233,000
Net change in FHLB stock 8,710,000 0
Proceeds from sales of other assets 15,295,000 4,026,000
Other, net 2,000 0
Net cash provided by (used in) investing activities 55,237,000 (580,449,000)
Financing activities    
Net increase in noninterest-bearing deposits 90,278,000 48,137,000
Net (decrease) increase in interest-bearing deposits (28,100,000) 413,003,000
Net (decrease) increase in short-term borrowings (248,695,000) 223,579,000
Repayment of long-term debt (430,000) (436,000)
Cash paid for dividends (25,413,000) (19,415,000)
Repurchase of shares in connection with stock repurchase program (12,938,000) 0
Net stock-based compensation transactions 0 203,000
Net cash (used in) provided by financing activities (225,298,000) 665,071,000
Net (decrease) increase in cash and cash equivalents (125,249,000) 11,499,000
Cash and cash equivalents at beginning of period 569,111,000 281,453,000
Cash and cash equivalents at end of period 443,862,000 292,952,000
Supplemental disclosures    
Cash paid for interest 47,599,000 24,652,000
Cash paid for income taxes 13,820,000 12,044,000
Noncash transactions:    
Transfers of loans to other real estate owned 1,796,000 2,291,000
Financed sales of other real estate owned 254,000 418,000
Transfers of loans held for sale to loans held for investment 189,000 $ 663,000
Recognition of operating right-of-use assets 75,042,000  
Recognition of operating lease liabilities $ 78,561,000