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Condensed Consolidated Statements of Cash Flows - USD ($)
shares in Thousands, $ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net income $ 82,785 $ 50,087
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 18,025 14,064
Provision for loan losses 6,932 6,020
Deferred income taxes 5,517 4,040
(Gain) loss on sale of securities, net 641 (110)
Share-based compensation expense 4,353 3,188
Accretion of discount related to performing acquired loans (17,251) (7,543)
(Gain) loss on disposal of premises and equipment 1,266 (15)
Gain on sale of OREO (204) (188)
Net amortization of premiums on investment securities 3,843 3,338
OREO write downs 932 1,729
Fair value adjustment for loans held for sale (208) 1,332
Originations and purchases of loans held for sale (324,803) (367,673)
Proceeds from sales of loans 358,929 364,570
Net change in:    
Accrued interest receivable (1,023) 558
Prepaid assets (52) 387
Miscellaneous other assets 8,819 (914)
Accrued interest payable 1,093 (469)
Accrued income taxes 6,404 5,798
Miscellaneous other liabilities 4,188 (3,004)
Net cash provided by operating activities 160,186 75,195
Cash flows from investing activities:    
Proceeds from sales of investment securities available for sale 51,822 215,987
Proceeds from maturities and calls of investment securities held to maturity 2,030 1,930
Proceeds from maturities and calls of investment securities available for sale 114,825 131,250
Proceeds from sales of other investment securities 13,175 2,807
Purchases of investment securities available for sale (130,378) (101,925)
Purchases of other investment securities (9,356) (303)
Net increase in loans (207,909) (449,052)
Net cash received from acquisitions   71,607
Recoveries of loans previously charged off 2,104 1,340
Purchases of premises and equipment (7,268) (6,095)
Proceeds from sale of OREO 3,722 7,677
Proceeds from sale of premises and equipment 18 15
Net cash used in investing activities (167,215) (124,762)
Cash flows from financing activities:    
Net increase in deposits 106,135 176,311
Net increase in federal funds purchased and securities sold under agreements to repurchase and other short-term borrowings 45,112 19,231
Proceeds from FHLB advances 260,001  
Repayment of other borrowings (360,003) (67,032)
Common stock issuance 352 267
Common stock repurchase (1,726) (3,605)
Dividends paid on common stock (24,651) (19,297)
Stock options exercised 1,031 1,134
Net cash provided by financing activities 26,251 107,009
Net increase in cash and cash equivalents 19,222 57,442
Cash and cash equivalents at beginning of period 377,627 374,448
Cash and cash equivalents at end of period 396,849 431,890
Cash paid for:    
Interest 20,152 7,841
Income taxes 11,796 11,850
Acquisitions:    
Fair value of tangible assets acquired (7,068) 1,816,592
Other intangible assets acquired 3,321 18,120
Liabilities assumed (612) 1,656,967
Net identifiable assets acquired over liabilities assumed (3,135) $ 177,745
Common stock issued in acquisition   434,625
Real estate acquired in full or in partial settlement of loans $ 10,259 $ 4,947