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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 24,243,000 $ 33,083,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Net amortization of premiums, discounts and deferred loan fees and costs 11,887,000 1,145,000
Depreciation and amortization 1,661,000 4,262,000
Amortization of intangible assets 526,000 605,000
Amortization of operating lease right-of-use assets 1,328,000 1,293,000
Provision for loan losses 18,223,000 508,000
Loans originated for sale (36,273,000) (19,791,000)
Proceeds from sales of loans held for sale 36,348,000 21,425,000
Gains on sales of securities (342,000) 0
Change in market value of equity securities 455,000 (453,000)
Gains on sales of loans held for sale (1,125,000) (799,000)
(Gains) losses on other real estate and other repossessed assets (60,000) 90,000
Losses on sales of premises and equipment 52,000 165,000
Long-term debt prepayment penalty 356,000 0
Stock-based compensation 1,461,000 1,264,000
Excess tax (deficiencies) benefits (113,000) 140,000
Increase in other assets (80,951,000) (13,053,000)
Increase in other liabilities 80,263,000 10,049,000
NET CASH PROVIDED BY OPERATING ACTIVITIES 57,939,000 39,933,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Net cash acquired in acquisitions 0 13,454,000
Proceeds from repayments and maturities of available for sale securities 367,843,000 64,505,000
Proceeds from repayments and maturities of held to maturity securities 13,847,000 13,335,000
Proceeds from sales of equity securities 0 1,153,000
Proceeds from Sale of Debt Securities, Available-for-sale 94,696,000 0
Purchase of available for sale securities (507,234,000) (56,358,000)
Purchase of held to maturity securities 0 (18,897,000)
Purchase of equity securities (1,164,000) (161,000)
Proceeds from redemptions of Federal Home Loan Bank stock 83,660,000 51,576,000
Purchases of Federal Home Loan Bank stock (80,143,000) (60,150,000)
Net increase in loans (627,545,000) (41,280,000)
Proceeds from sales of other real estate and repossessed assets 662,000 310,000
Proceeds from dispositions and sales of premises and equipment (21,000) 1,794,000
Purchases of premises and equipment (3,528,000) (2,593,000)
NET CASH USED IN INVESTING ACTIVITIES (658,927,000) (33,312,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in deposits 831,869,000 52,785,000
(Decrease) increase in federal funds purchased and securities sold under agreements to repurchase (145,542,000) 24,798,000
Proceeds from other borrowings 25,000,000 46,260,000
Repayments of other borrowings (35,456,000) (79,353,000)
Purchase of treasury stock (1,452,000) 0
Retirement of restricted stock (467,000) (616,000)
Dividends paid (12,728,000) (12,195,000)
NET CASH PROVIDED BY FINANCING ACTIVITIES 661,224,000 31,679,000
Net increase in cash and cash equivalents 60,236,000 38,300,000
Cash and cash equivalents, beginning of period 282,371,000 208,599,000
CASH AND CASH EQUIVALENTS, END OF PERIOD 342,607,000 246,899,000
Supplemental schedule of non-cash investing and financing activities:    
Cash paid during the period for income taxes 12,786,000 8,637,000
Cash paid during the period for interest 24,601,000 29,118,000
Transfer of loans into other repossessed assets and other real estate owned 393,000 102,000
Initial recognition of operating lease right-of-use assets 0 18,651,000
Initial recognition of operating lease liabilities 0 20,203,000
Right-of-use asset obtained in exchange for new operating lease liabilities 548,000 765,000
Non-cash assets acquired:    
Federal Home Loan Bank stock 0 1,767,000
Investment securities 0 22,734,000
Loans, including loans held for sale 0 426,118,000
Goodwill and other intangible assets, net 0 23,125,000
Other assets 0 9,304,000
Total non-cash assets acquired 0 483,048,000
Deposits 0 409,638,000
Other borrowings 0 40,957,000
Other liabilities 0 2,490,000
Total liabilities assumed 0 453,085,000
Common stock issued $ 0 $ 43,417,000