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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income $ 34,844 $ 26,894
Purchases of available for sale debt securities (85,659) (204,228)
Proceeds from sales of acquired available for sale debt securities 2,111 91,094
Proceeds from maturities and paydowns of available for sale debt securities 78,409 80,122
Purchases of held to maturity debt securities (459,183) 0
Proceeds from maturities and paydowns of held to maturity debt securities 159,119 0
Proceeds from redemption of Federal Home Loan Bank stock 0 3,881
Net change in non-PPP loans (180,130) (158,253)
Purchases of premises and equipment (13,563) (1,752)
Other investment activities 0 (3,965)
Proceeds from sales of other real estate owned 56 261
Cash from acquisition, net of cash paid 349,456 24,981
Net cash provided by (used in) investing activities (45,417) 68,005
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 2,079 2,672
Depreciation, amortization and accretion, net 10,031 4,888
Deferred income tax expense 4,771 2,307
Gain on sale of mortgage loans held for sale (504) (2,118)
Origination of mortgage loans held for sale (79,643) (119,431)
Proceeds from sale of mortgage loans held for sale 82,275 141,747
Bank owned life insurance income [1] (536) (367)
Loss on the disposal of premises and equipment 28 41
Gain on the sale of other real estate owned 0 (47)
Stock compensation expense 2,048 2,263
Excess tax benefit from share-based compensation arrangements (1,112) (1,150)
Net change in accrued interest receivable and other assets (4,747) (4,420)
Net change in accrued interest payable and other liabilities (27,776) (6,105)
Net cash provided by operating activities 21,758 47,174
Cash flows from financing activities:    
Net change in deposits (358,526) 232,255
Net change in securities sold under agreements to repurchase and federal funds purchased 18,223 4,086
Proceeds from Federal Home Loan Bank advances 0 20,000
Repayments of Federal Home Loan Bank advances 0 (132,745)
Repayment of acquired line of credit (3,200) 0
Share repurchases related to compensation plans (3,559) (3,166)
Cash disbursements to non-controlling interest (208) 0
Cash dividends paid (16,394) (13,361)
Net cash (used in) provided by financing activities (363,664) 107,069
Net change in cash and cash equivalents (387,323) 222,248
Beginning cash and cash equivalents 961,192 317,945
Ending cash and cash equivalents 573,869 540,193
Interest paid 2,147 2,971
Income taxes paid, net of refunds 7,989 13,359
Cash paid for operating lease liabilities 1,800 1,190
Supplemental non-cash activity:    
Unfunded commitments in tax credit investments 6,907 5,766
Due to broker 0 1,985
Dividends payable to stockholders 182 175
Loans transferred to OREO 445 30
Fair value of assets acquired 1,403,509 1,389,327
Consideration paid in acquisition 30,994 28,276
Common stock issued in acquisition 133,825 204,670
Non-controlling interest of acquired entity 3,094 0
Total consideration paid 167,913 232,946
Liabilities assumed 1,235,596 1,156,381
Small Business Administration (SBA), CARES Act, Paycheck Protection Program [Member]    
Cash flows from operating activities:    
Net change in PPP loans $ 103,967 $ 235,864
[1] Outside of the scope of ASC 606.