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Consolidated Statements of Cash Flow (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 29,620 $ 22,050
Adjustments to reconcile to net cash provided by operating activities:    
Provision for loan losses 314 72
Depreciation and amortization 3,143 2,967
Net amortization of securities premiums and discounts (49) (47)
Realized securities losses 14  
Gain on sales of loans (651) (632)
Cash receipts from the sale of loans originated for sale 44,558 43,005
Cash disbursements for loans originated for sale (43,949) (40,826)
Deferred income tax benefit (117) (485)
(Gain)/loss on other assets (21) 35
(Increase)/decrease in interest receivable (1,111) 598
Increase in interest payable 353 22
Amortization of stock-based compensation arrangements 306 222
Excess tax benefit from stock-based compensation arrangements (647) (376)
Other, net (8,067) 5,310
Net cash provided by operating activities 23,696 31,915
INVESTING ACTIVITIES    
Net cash received from acquisitions, net of cash paid 6,248  
Net decrease in federal funds sold 2,451 500
Purchases of available for sale securities (30,861) (20,511)
Proceeds from maturities, calls and paydowns of held for investment securities 213 361
Proceeds from maturities, calls and paydowns of available for sale securities 5,729 26,489
Proceeds from sales of available for sale securities 1,460  
Net change in loans 48,819 7,366
Purchases of premises, equipment and computer software (7,168) (3,369)
Proceeds from the sale of other real estate owned and other assets 1,802 1,186
Net cash provided by investing activities 28,693 12,022
FINANCING ACTIVITIES    
Net change in deposits (31,953) 146,570
Net (decrease)/increase in short-term borrowings (800) 300
Issuance of common stock in connection with stock options, net 1,290 2,752
Cash dividends paid (6,698) (6,008)
Net cash (used in) provided by financing activities (38,161) 143,614
Net increase in cash, due from banks and interest-bearing deposits 14,228 187,551
Cash, due from banks and interest-bearing deposits at the beginning of the period 1,757,875 1,850,461
Cash, due from banks and interest-bearing deposits at the end of the period 1,772,103 2,038,012
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash paid during the period for interest 7,486 4,235
Cash paid during the period for income taxes 1,250 1,100
Noncash investing and financing activities:    
Stock issued in acquisitions 39,498  
Cash consideration for acquisitions 24,722  
Fair value of assets acquired in acquisitions 377,320  
Liabilities assumed in acquisitions 338,860  
Unpaid common stock dividends declared $ 6,854 $ 6,028