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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating activities      
Net income $ 38,043 $ 41,027 $ 37,187
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision (credit) for loan losses 2,550 3,000 750
Depreciation, amortization and accretion, net 13,640 11,142 6,902
Deferred income tax expense (benefit) 3,971 276 847
Loss on sale of securities available-for-sale 232
Impairment loss on available-for-sale securities 0 103
Gains on sales of mortgage loans held for sale (1,989) (2,482) (2,167)
Origination of mortgage loans held for sale (97,623) (123,347) (116,385)
Proceeds from sale of mortgage loans held for sale 99,861 129,416 115,499
Bank owned life insurance income (1,159) (871) (889)
Proceeds from liquidation of private investment fund (92)
(Gain) Loss on other real estate owned (39) (409) 147
Loss (gain) on the disposal of premises and equipment 202 (51)
Recovery of impairment loss on other assets held for investment (588)
Stock compensation expense 2,892 2,473 2,134
Excess tax benefits from share-based compensation arrangements (1,463) (1,705) (673)
Increase in accrued interest receivable and other assets (13,848) (7,438) (2,540)
Increase in accrued interest payable and other liabilities 8,700 12,566 2,307
Net cash provided by operating activities 53,676 63,262 43,171
Investing activities      
Purchases of securities available-for-sale (661,086) (478,798) (384,260)
Proceeds from sale of securities available-for-sale 421 0 5,934
Proceeds from maturities of securities available-for-sale 652,411 468,271 320,952
Purchase of Federal Home Loan Bank Stock (2,254)
Proceeds from sale of Federal Home Loan Bank stock 955
Proceeds from liquidation of private investment fund 92
Net increase in loans (105,867) (275,718) (168,832)
Purchases of premises and equipment (2,786) (6,327) (3,459)
Proceeds from disposal of equipment 66
Proceeds from mortality benefit of bank owned life insurance 977
Proceeds from sale of other real estate owned 2,432 1,826 2,541
Proceeds from the sale of other assets held for investment 1,108
Net cash used in investing activities (114,705) (289,572) (227,124)
Financing activities      
Net increase in deposits 57,747 148,846 248,075
Net increase (decrease) in securities sold under agreements to repurchase and federal funds purchased 116,856 27,966 (29,946)
Proceeds from Federal Home Loan Bank advances 120,000 289,000 108,200
Repayments of Federal Home Loan Bank advances (121,617) (281,393) (101,564)
Proceeds (used for) and received from settlement of stock awards (216) 2,337 3,249
Excess tax benefits from share-based compensation arrangements 1,705 673
Common stock repurchases (2,389) (1,918) (918)
Cash dividends paid (18,077) (16,093) (14,224)
Net cash provided by financing activities 152,304 170,450 213,545
Net increase (decrease) in cash and cash equivalents 91,275 (55,860) 29,592
Cash and cash equivalents at beginning of year 47,973 103,833 74,241
Cash and cash equivalents at end of period $ 139,248 $ 47,973 $ 103,833