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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating Activities    
Net income $ 101,421 $ 90,090
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 7,938 1,194
Net amortization of investment securities premiums and discounts 16,265 19,990
Net accretion of purchase accounting adjustments (4,534) (1,413)
Loans held for sale originated or acquired (672,055) (789,605)
Proceeds from sales of loans held for sale 730,082 816,236
Gain on sale of loans (23,031) (23,841)
Loss on sale of investments 545 706
Bank-owned life insurance income, net (1,032) (814)
Stock-based compensation 3,129 2,225
Net tax benefits from stock-based compensation (1,680) (793)
Depreciation of premises and equipment 10,989 11,440
Gain on sale of other real estate owned and write-downs, net (1,808) (103)
Amortization of core deposit intangibles 1,880 2,362
Amortization of investments in variable interest entities 3,581 1,745
Net increase in accrued interest receivable (3,564) (5,449)
Net decrease in other assets 6,147 5,820
Net decrease in accrued interest payable (431) (84)
Net increase (decrease) in other liabilities 4,609 (1,182)
Net cash provided by operating activities 178,451 128,524
Investing Activities    
Sales of available-for-sale securities 247,748 20,539
Maturities, prepayments and calls of available-for-sale securities 347,450 527,596
Purchases of available-for-sale securities (28,301) (217,261)
Maturities, prepayments and calls of held-to-maturity securities 18,910 21,965
Purchases of held-to-maturity securities 0 (1,222)
Principal collected on loans 1,472,757 1,276,078
Loans originated or acquired (2,022,508) (1,755,185)
Net additions to premises and equipment (7,682) (6,893)
Proceeds from sale of other real estate owned 11,812 8,793
Proceeds from sale of non-marketable equity securities 47,805 69,607
Purchases of non-marketable equity securities (42,598) (61,999)
Proceeds from bank-owned life insurance 437 294
Investments in variable interest entities (16,541) (3,751)
Net cash (paid) received in acquisitions (4,091) 6,701
Net cash provided by (used in) investing activities 25,198 (114,738)
Financing Activities    
Net increase in deposits 98,013 305,035
Net decrease in securities sold under agreements to repurchase (20,054) (22,171)
Net decrease in short-term Federal Home Loan Bank advances (62,800) (140,000)
Proceeds from long-term Federal Home Loan Bank advances 150,000 0
Repayments of long-term Federal Home Loan Bank advances (208,097) (45,491)
Net increase in other borrowed funds 3,803 994
Cash dividends paid (95,332) (53,393)
Tax withholding payments for stock-based compensation (1,513) (600)
Net cash (used in) provided by financing activities (135,980) 44,374
Net increase in cash and cash equivalents 67,669 58,160
Cash and cash equivalents at beginning of period 152,541 193,253
Cash and cash equivalents at end of period 220,210 251,413
Supplemental Disclosure of Cash Flow Information    
Cash paid during the period for interest 23,223 22,506
Cash paid during the period for income taxes 29,315 25,254
Supplemental Disclosure of Non-Cash Investing Activities    
Sale and refinancing of other real estate owned 531 611
Transfer of loans to other real estate owned 3,844 4,117
Dividends declared but not paid 232 15,409
Fair value of common stock shares issued 46,673 10,465
Cash consideration for outstanding shares 17,342 3,475
Fair Value of Assets Acquired 355,230 69,750
Liabilities Assumed $ 321,824 $ 62,225