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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
OPERATING ACTIVITIES:    
Net income $ 40,794 $ 35,903
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization on investment securities, net 231 425
Accretion on loans deposits and core deposit intangible net (3,981) (1,813)
Depreciation of premises and equipment 6,178 5,281
Amortization of mortgaging servicing rights 1,104 1,200
Provision for loan and lease losses 21,633 9,489
Net gain on sale of mortgage loans held for sale (3,221) (5,647)
Origination of mortgage loans held for sale (119,265) (154,607)
Proceeds from sale of mortgage loans held for sale 130,065 154,766
Net gain on sale of consumer loans held for sale (3,869) (1,768)
Origination of consumer loans held for sale (454,844) (248,430)
Proceeds from sale of consumer loans held for sale 453,169 247,928
Net gain realized on sale of other real estate owned (577) (392)
Writedowns of other real estate owned 155 200
Impairment of premises held for sale 1,082 133
Deferred director compensation expense - Class A Common Stock 147 149
Stock based compensation expense 928 754
Increase in cash surrender value of bank owned life insurance (1,178) (1,114)
Net change in other assets and liabilities:    
Accrued interest receivable (1,001) (83)
Accrued interest payable (12) (219)
Other assets (3,367) (3,064)
Other liabilities 3,283 (724)
Net cash provided by operating activities 67,454 38,367
INVESTING ACTIVITIES:    
Net change in cash for acquisition of Cornerstone Bancorp, Inc.   (9,088)
Purchases of securities available for sale (91,451) (400,079)
Purchases of securities held to maturity (15,460)  
Proceeds from calls, maturities and paydowns of securities available for sale 114,930 428,649
Proceeds from calls, maturities and paydowns of securities held to maturity 3,129 4,504
Net change in outstanding warehouse lines of credit 14,279 (274,457)
Purchase of non-business acquisition loans, including premiums paid (4,811) (48,876)
Net change in other loans (166,845) (62,932)
Proceeds from sale of mortgage loans transferred to held for sale   72,330
Proceeds from redemption of Federal Home Loan Bank stock   224
Purchase of Federal Home Loan Bank stock (3,859)  
Proceeds from sales of other real estate owned 2,202 2,660
Net purchases of premises and equipment (9,236) (5,466)
Net cash used in investing activities (157,122) (292,531)
FINANCING ACTIVITIES:    
Net change in deposits 189,037 443,745
Net change in securities sold under agreements to repurchase and other short-term borrowings (162) (242,975)
Payments of Federal Home Loan Bank advances (460,000) (267,000)
Proceeds from Federal Home Loan Bank advances 415,000 430,000
Payoff of subordinated note, net of common security interest   (4,000)
Repurchase of Class A Common Stock (558) (1,134)
Net proceeds from Class A Common Stock options exercised 33 80
Cash dividends paid (13,129) (12,467)
Net cash provided by financing activities 130,221 346,249
NET CHANGE IN CASH AND CASH EQUIVALENTS 40,553 92,085
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 289,309 210,082
CASH AND CASH EQUIVALENTS AT END OF PERIOD 329,862 302,167
Cash paid during the period for:    
Interest 14,559 13,882
Income taxes 20,570 18,956
SUPPLEMENTAL NONCASH DISCLOSURES:    
Transfers from loans to real estate acquired in settlement of loans $ 556 3,939
Transfers from loans held for investment to held for sale   71,201
Loans provided for sales of other real estate owned   $ 256