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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income attributable to the Company $ 19,442 $ 22,686
Adjustments to arrive at net income from continuing operations    
Net income attributable to noncontrolling interests (100) (1,050)
Less: Net income from discontinued operations 0 (1,698)
Net income from continuing operations 19,542 22,038
Adjustments to reconcile net income from continuing operations to net cash provided by/ (used in) operating activities:    
Depreciation and amortization 5,933 4,638
Net income attributable to noncontrolling interests (100) (1,050)
Stock compensation, net of cancellations 1,677 1,721
Provision/ (credit) for loan losses (1,426) (1,795)
Loans originated for sale (6,796) (11,875)
Proceeds from sale of loans held for sale 9,401 12,732
Deferred income tax expense/ (benefit) (523) 1,769
Amortization of right-of-use assets 3,817 0
Decrease in operating lease liabilities (4,102) 0
Net decrease/ (increase) in other operating activities (19,247) (13,079)
Net cash provided by/ (used in) operating activities of continuing operations 8,176 15,099
Net cash provided by/ (used in) operating activities of discontinued operations 0 1,698
Net cash provided by/ (used in) operating activities 8,176 16,797
Investment securities available-for-sale:    
Purchases 0 (9,985)
Sales 0 24
Maturities, calls, redemptions, and principal payments 26,265 37,912
Investment securities held-to-maturity:    
Principal payments 2,860 3,650
Equity securities at fair value    
Purchases (15,149) (11,968)
Sales 21,886 15,853
(Investments)/ distributions in trusts, net 853 (125)
Contingent considerations from divestitures 836 0
(Purchase)/ redemption of Federal Home Loan Bank and Federal Reserve Bank stock 2,210 5,518
Net increase in portfolio loans (34,670) (97,432)
Proceeds from recoveries of loans previously charged-off 492 340
Proceeds from sale of OREO 492 0
Capital expenditures (750) (8,396)
Net cash provided by/ (used in) investing activities 5,325 (64,609)
Cash flows from financing activities:    
Net increase/ (decrease) in deposits (1,325) 74,076
Net increase/ (decrease) in securities sold under agreements to repurchase 21,401 53,088
Net increase/ (decrease) in federal funds purchased (250,000) (30,000)
Net increase/ (decrease) in short-term Federal Home Loan Bank borrowings 10,000 (120,000)
Advances of long-term Federal Home Loan Bank borrowings 190,000 90,000
Repayments of long-term Federal Home Loan Bank borrowings (5,074) (52,093)
Dividends paid to common shareholders (10,108) (10,159)
Dividends paid to preferred shareholders 0 (869)
Proceeds from stock option exercises 50 669
Proceeds from issuance of common stock 980 833
Tax withholding for share based compensation awards (155) (629)
Distributions paid to noncontrolling interests (100) (1,018)
Other equity adjustments (218) 458
Net cash provided by/ (used in) financing activities (44,549) 4,356
Net increase/ (decrease) in cash and cash equivalents (31,048) (43,456)
Cash and cash equivalents at beginning of year 127,259 120,541
Cash and cash equivalents at end of period 96,211 77,085
Supplemental disclosure of cash flow items:    
Cash paid for interest 16,775 11,204
Cash paid for income taxes, (net of refunds received) 1,029 (783)
Change in unrealized gain/ (loss) on available-for-sale securities, net of tax 11,568 (12,895)
Change in unrealized gain/ (loss) on cash flow hedges, net of tax (247) 574
Non-cash transactions:    
Loans charged-off (564) (389)
Assets transferred into/ (out of) other assets held for sale $ 0 $ 21