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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating activities:      
Net income $ 100,864 $ 53,209 $ 48,250
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 12,516 7,976 7,958
Provision for loan losses 9,023 2,977 5,546
Stock based compensation expense 2,645 2,164 2,139
Deferred Income Tax Expense (Benefit) 5,655 6,089 349
Origination of loans held for sale (416,337) (142,877) (196,726)
Proceeds from sales of loans held for sale 441,023 149,367 239,705
(Gains)/ losses on sales of loans held for sale (11,699) (3,403) (3,877)
(Gains) losses on sales of other real estate owned 200 (68) 48
Tax benefits associated with share based compensation 299 1,809 125
Investment securities gains (190) (1,273) (1,932)
Increase (Decrease) in Operating Capital [Abstract]      
Net (increase) decrease in accrued interest receivable (2,622) (891) (1,146)
Net decrease (increase) in other assets 5,020 (9,829) (5,134)
Net increase (decrease) in accrued expenses and other liabilities (2,721) (1,007) (2,932)
Other - net 3,970 5,174 (1,873)
Net cash provided by operating activities 147,646 69,417 90,500
Investing activities:      
(Purchases) of other equity securities (8,784)   (4,758)
Proceeds from other equity securities   576  
Purchases of investments held-to-maturity 0 0 0
Purchases of investments available-for-sale (161,349) (125,028) (287,211)
Proceeds from sales of investment available-for-sale 117,354 2,251 40,863
Proceeds from maturities, calls and principal payments of investments held-to-maturity 0 0 5,004
Proceeds from maturities, calls and principal payments of investments available-for-sale 106,114 123,762 298,803
Net increase in loans (641,521) (427,773) (469,942)
Proceeds from the sales of other real estate owned 1,151 1,275 1,393
Proceeds from sales of loans previously held for investment 59,945 40,031 0
Acquisition of business activity, net of cash acquired 32,487 0 (1,347)
Expenditures for premises and equipment (10,401) (7,441) (5,798)
Net cash provided/ (used) by investing activities (505,004) (392,347) (422,993)
Financing activities:      
Net increase in deposits 340,376 386,118 313,814
Net increase/(decrease) in retail repurchase agreements and federal funds purchased 201,184 (5,760) 15,974
Proceeds from advances from FHLB 5,477,000 3,965,000 2,665,000
Repayment of advances from FHLB (5,633,579) (3,989,167) (2,560,000)
Retirement of subordinated debt 0 (30,000) (5,000)
Proceeds from issuance of common stock 1,395 1,200 1,580
Stock tendered for payment of withholding taxes (760) (952) (683)
Repurchase of common stock 0 0 (13,273)
Dividends paid (39,277) (25,134) (23,676)
Net cash used by financing activities 346,339 301,305 393,736
Net increase (decrease) in cash and cash equivalents (11,019) (21,625) 61,243
Cash and cash equivalents at beginning of period 112,500 134,125 72,882
Cash and cash equivalents at end of period 101,481 112,500 134,125
Supplemental Disclosures:      
Interest payments 60,504 26,377 21,377
Income tax payments 25,664 31,738 22,331
Transfer of Investments Held-to-maturity to Available For Sale Securities 0 0 203,118
Transfer from loans to residential mortgage loans held for sale 60,043 39,744 36,867
Transfers from loans to other real estate owned $ 289 $ 1,588 $ 637