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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 40,979 $ 30,869
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 14,841 11,174
Provision for loan and lease losses 4,185 7,345
Net amortization of premium on securities 16,204 14,645
Securities gains, net (8,148) (7,463)
Stock based compensation 2,386 1,908
Write downs and losses on repossessed assets, net 574 924
Loans originated for sale (546,050) (724,081)
Proceeds on sales of loans held for sale 554,427 710,753
Net gains on sale of loans held for sale (16,132) (21,328)
Decrease in accrued interest receivable 1,651 1,478
Decrease in prepaid expenses 683 100
Decrease in accrued interest payable (406) (867)
Capitalization of servicing rights (6,203) (7,156)
Valuation adjustment on commercial servicing rights 46 0
Write downs and losses on sales of assets, net (304) 938
Other, net (8,316) (10,275)
NET CASH PROVIDED BY OPERATING ACTIVITIES 50,417 8,964
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from the sale of securities available for sale 622,375 526,026
Proceeds from the sale of securities held to maturity 4,057 0
Proceeds from the sale of other investments 4,116 10,336
Proceeds from the maturity of and principal paydowns on securities available for sale 82,513 86,625
Proceeds from the maturity of and principal paydowns on securities held to maturity 3,962 646
Proceeds from the maturity of and principal paydowns on time deposits in other financial institutions 250 250
Purchase of securities available for sale (594,135) (529,670)
Purchase of other investments (1,867) (9,009)
Net (increase) decrease in loans and leases 98,232 (184,039)
Purchase of bank owned life insurance policies 0 (1,100)
Capital expenditures (7,360) (3,984)
Net cash and cash equivalents received in acquisition 8,084 7,103
Proceeds from the sale of equipment 485 15
Proceeds on sale of OREO and other repossessed assets 3,161 5,402
NET CASH PROVIDED (USED) BY INVESTING ACTIVITIES 223,873 (91,399)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in demand deposits and savings accounts 61,509 64,348
Net increase (decrease) in time deposit accounts (277,871) 50,980
Net increase (decrease) in short-term borrowings (63,807) 86,718
Proceeds from short term FHLB advances 210,000 248,100
Repayments of short term FHLB advances (172,150) (212,000)
Proceeds from other borrowings 40,000 29,000
Repayments of other borrowings (14,495) (134,389)
Redemption of preferred stock (81,698) 0
Purchase of treasury stock (1,698) (2,173)
Proceeds from issuance of common stock 1,101 1,578
Excess tax benefits on exercised stock options 1,100 651
Dividends paid (5,130) (4,527)
NET CASH PROVIDED (USED) BY FINANCING ACTIVITIES (303,139) 128,286
Net increase (decrease) in cash and cash equivalents (28,849) 45,851
Cash and cash equivalents at beginning of year 258,799 73,871
CASH AND CASH EQUIVALENTS AT END OF PERIOD 229,950 119,722
Supplemental disclosures:    
Cash paid for income/franchise taxes 12,570 6,969
Cash paid for interest 16,595 20,836
Loans transferred to OREO 1,359 4,046
Sales of securities available for sale, accrued, not settled 2,201 34,129
Purchase of securities available for sale, accrued, not settled 64 0
Stock consideration granted for acquisition $ 57,433 $ 53,052