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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net income $ 39,227 $ 20,539 $ 35,491
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses 1,800 14,050 5,550
Depreciation and amortization of premises and equipment 3,822 3,827 3,480
Net (accretion) and other amortization (2,093) (7,936) (10,226)
Net amortization on securities 4,009 6,361 6,501
Increase in cash surrender value of bank owned life insurance (2,219) (2,250) (1,929)
Amortization of intangible assets 917 1,047 2,637
Share based compensation expense 3,487 2,585 2,142
Net securities losses (gains) 7,921 (38) (449)
Decrease (increase) in accrued interest receivable 416 (1,419) (963)
SBA loans originated for sale (28,340) (18,596) (11,944)
Proceeds from sale of the guaranteed portion of SBA loans 30,898 20,667 13,286
Gain on sale of the guaranteed portion of SBA loans (2,078) (1,689) (1,097)
(Gain) loss on sale of loans (441) 58 (98)
(Increase) decrease in other assets (2,373) 5,426 8,331
Increase (decrease) in accrued expenses and other liabilities 3,430 4,194 (6,476)
Net cash provided by operating activities 58,383 46,826 44,236
Cash flows from investing activities:      
Purchases of securities available for sale (255,746) (116,956) (462,702)
Purchases of securities, restricted (505,272) (654,017) (537,930)
Purchases of securities held to maturity (1,000) (4,128) (46,495)
Proceeds from sales of securities available for sale 230,372 52,367 264,358
Redemption of securities, restricted 516,593 653,411 527,975
Maturities, calls and principal payments of securities available for sale 92,818 118,092 167,045
Maturities, calls and principal payments of securities held to maturity 20,851 45,334 30,460
Net increase in loans (213,973) (526,989) (206,380)
Proceeds from loan sale 40,133 23,171 18,116
Proceeds from sales of other real estate owned ("OREO"), net     278
Purchase of bank owned life insurance     30,000
Purchase of premises and equipment (5,325) (2,069) (4,270)
Net cash used in investing activities (80,549) (411,784) (279,545)
Cash flows from financing activities:      
Net increase in deposits 551,891 408,597 83,120
Net decrease in federal funds purchased (50,000) (50,000) (20,000)
Net (decrease) increase in FHLB advances (260,855) 5,056 199,666
Repayment of junior subordinated debentures   (352)  
Net (decrease) increase in repurchase agreements (338) 203 (50,217)
Net proceeds from issuance of common stock 1,017 951 48,442
Net proceeds from exercise of stock options     62
Repurchase of surrendered stock from vesting of restricted stock awards (586) (350) (344)
Cash dividends paid (18,342) (18,238) (16,140)
Net cash provided by financing activities 222,787 345,867 244,589
Net increase (decrease) in cash and cash equivalents 200,621 (19,091) 9,280
Cash and cash equivalents at beginning of period 94,747 113,838 104,558
Cash and cash equivalents at end of period 295,368 94,747 113,838
Cash paid for:      
Interest 32,254 22,917 16,640
Income taxes 2,474 8,445 $ 21,585
Non-cash investing and financing activities:      
Conversion of junior subordinated debentures   $ 15,350  
Transfers from portfolio loans to other real estate owned $ 175