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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash Flows From Operating Activities      
Net Income $ 77,764 $ 98,739 $ 67,275
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 6,020 6,421 6,353
Amortization of premiums and discounts on securities, net 5,019 2,548 3,196
Amortization of operating lease right-of-use assets 4,362 4,117 0
Other amortization and accretion, net (8,667) (2,005) (1,158)
Stock based compensation 7,304 7,243 7,823
Origination of loans designated for sale (511,706) (329,177) (303,928)
Sale of loans designated for sale 477,178 333,591 326,328
Provision for credit losses 38,179 10,999 11,730
Deferred income taxes (4,926) 6,791 459
(Gains) losses on sale of securities (1,096) (1,031) 485
Gains on sale of loans (13,930) (9,794) (8,961)
Losses (gains) on sale and write-downs of other real estate owned 1,139 (432) (107)
Losses on disposition of fixed assets 791 511 1,235
Bank owned life insurance death benefits 0 (956) (280)
Changes in operating assets and liabilities, net of effects from acquired companies:      
Net (increase) decrease in other assets (35,555) (5,614) 10,331
Net (decrease) increase in other liabilities 18,776 (4,206) 8,827
Net Cash Provided by Operating Activities 60,652 117,745 129,608
Cash Flows From Investing Activities      
Maturities and repayments of available-for-sale debt securities 304,064 101,674 141,223
Maturities and repayments of held-to-maturity debt securities 75,861 42,495 58,315
Proceeds from sale of available-for-sale debt securities 96,732 202,724 64,366
Purchases of available-for-sale debt securities (830,300) (309,461) (104,650)
Maturities of time deposits with other banks 2,992 4,501 4,310
Net new loans and principal repayments (79,100) (109,614) (365,816)
Purchases of loans held for investment 0 (270,791) (19,541)
Proceeds from the sale of other real estate owned 8,521 6,509 10,072
Additions to other real estate owned (2,557) 0 0
Proceeds from sale of FHLB and Federal Reserve Bank Stock 39,185 74,120 44,731
Purchase of FHLB and Federal Reserve Bank Stock (28,278) (75,193) (51,505)
Proceeds from sale of Visa Class B stock 0 0 21,333
Redemption of bank owned life insurance 0 14,218 4,232
Net cash from bank acquisitions 71,965 0 22,349
Additions to bank premises and equipment (1,587) (2,523) (4,019)
Net Cash Used in Investing Activities (342,502) (321,341) (174,600)
Cash Flows From Financing Activities      
Net increase (decrease) in deposits 844,405 407,513 (39,769)
Net increase (decrease) in repurchase agreements 33,488 (128,202) (1,771)
Net (decrease) increase in FHLB borrowings with original maturities of three months or less (235,000) (67,000) 32,000
Repayments of FHLB borrowings with original maturities of more than three months (115,000) (63,000) 0
Proceeds from FHLB borrowings with original maturities of more than three months 35,000 65,000 60,000
Stock based employee benefit plans (1,486) (2,135)  
Stock based employee benefit plans     979
Dividends paid 0 0 0
Net Cash Provided by Financing Activities 561,407 212,176 51,439
Net increase in cash and cash equivalents 279,557 8,580 6,447
Cash and Cash Equivalents at Beginning of Year 124,531 115,951 109,504
Cash and Cash Equivalents at End of Year 404,088 124,531 115,951
Supplemental disclosure of cash flow information:      
Cash paid during the period for interest 23,548 46,130 28,301
Cash paid during the period for taxes 27,712 16,000 13,200
Recognition of operating lease right-of-use assets 2,095 30,301 0
Recognition of operating lease liabilities 2,095 34,627 0
Supplemental disclosure of non-cash investing activities:      
Transfer of debt securities from held-to-maturity to available-for-sale 0 52,796 0
Transfer from loans to other real estate owned 5,624 5,665 5,549
Transfer from bank premises to other real estate owned 1,289 0 9,168
Transfer from loans held for investment to loans held for sale $ 0 $ 801 $ 0