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Consolidated Statements of Cash Flow (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 93,089 $ 66,942
Adjustments to reconcile to net cash provided by operating activities:    
Provision for loan losses 2,286 5,189
Depreciation and amortization 9,804 8,946
Net amortization of securities premiums and discounts (141) (108)
Realized securities (gains)/losses (37) 352
Gain on sales of loans (2,253) (2,180)
Cash receipts from the sale of loans originated for sale 145,840 163,128
Cash disbursements for loans originated for sale (142,207) (163,460)
Deferred income tax provision (benefit) 83 (1,690)
(Gain)/loss on other assets (341) 66
Increase in interest receivable (2,380) (1,651)
Increase in interest payable 764 188
Amortization of stock-based compensation arrangements 981 819
Excess tax benefit from stock-based compensation arrangements (1,067) (2,229)
Other, net (4,994) 2,513
Net cash provided by operating activities 99,427 76,825
INVESTING ACTIVITIES    
Net cash received from acquisitions, net of cash paid 6,248  
Net decrease/(increase) in federal funds sold 22,948 (11,300)
Purchases of held for investment securities (225) (220)
Purchases of available for sale securities (168,971) (54,456)
Proceeds from maturities, calls and paydowns of held for investment securities 1,077 1,517
Proceeds from maturities, calls and paydowns of available for sale securities 121,581 72,853
Proceeds from sales of available for sale securities 31,286  
Purchase of equity securities (2,118)  
Proceeds from paydowns and sales of equity securities 1,414  
Net change in loans 81,000 (251,883)
Purchases of premises, equipment and computer software (44,398) (11,495)
Proceeds from the sale of other real estate owned and other assets 3,899 2,846
Net cash provided by/(used in) investing activities 53,741 (252,138)
FINANCING ACTIVITIES    
Net change in deposits (101,874) 53,989
Net increase in short-term borrowings 1,300 1,600
Issuance of common stock in connection with stock options, net 2,137 4,297
Cash dividends paid (20,440) (18,091)
Net cash (used in)/provided by financing activities (118,877) 41,795
Net increase/(decrease) in cash, due from banks and interest-bearing deposits 34,291 (133,518)
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 1,792,166 1,716,943
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash paid during the period for interest 29,096 14,688
Cash paid during the period for income taxes 24,255 32,051
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 $ 9,823 $ 6,686