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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating activities:    
Net income $ 83,510,000 $ 39,653,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Net amortization/accretion of premium/discount on securities 4,775,000 1,978,000
Depreciation, amortization and accretion (6,181,000) (429,000)
Provision for loan losses 6,931,000 3,651,000
Gain on mortgage loans sold, net (3,744,000) (4,155,000)
Gain (Loss) on Sale of Investments 30,000 0
Stock-based compensation expense 4,448,000 3,474,000
Deferred tax expense 8,513,000 8,699,000
Losses (gains) on dispositions of other real estate and other investments (481,000) 80,000
Income from equity method investment (9,360,000) (7,823,000)
Excess tax benefit from stock compensation (2,681,000) (3,760,000)
Gain on other loans sold, net (936,000) (187,000)
Other loans held for sale:    
Loans originated (80,193,000) (36,888,000)
Loans sold 87,960,000 44,308,000
Consumer loans held for sale:    
Loans originated (247,025,000) (179,473,000)
Loans sold 254,266,000 160,740,000
Increase in other assets (4,639,000) (136,000)
Decrease in other liabilities (13,901,000) (24,386,000)
Net cash provided by operating activities 85,556,000 7,796,000
Activities in securities available-for-sale:    
Purchases (590,328,000) (334,875,000)
Sales 14,454,000 0
Maturities, prepayments and calls 81,737,000 50,445,000
Activities in securities held-to-maturity:    
Maturities, prepayments and calls 0 145,000
Increase in loans, net (683,710,000) (193,557,000)
Purchases of software, premises and equipment (8,806,000) (11,446,000)
Proceeds from sales of software, premises and equipment 164,000 0
Purchase of bank owned life insurance policies 0 (25,000,000)
Dividends received from equity method investment 4,324,000 2,450,000
Increase in other investments (836,000) (640,000)
Net cash used in investing activities (1,187,325,000) (514,928,000)
Financing activities:    
Net increase in deposits 52,039,000 521,563,000
Net decrease in securities sold under agreements to repurchase (3,398,000) (14,549,000)
Advances from Federal Home Loan Bank:    
Issuances 762,000,000 0
Payments/maturities (105,014,000) (225,020,000)
Increase (decrease) in other borrowings, net (30,000) 50,000,000
Principal payments of capital lease obligation (39,000) (36,000)
Proceeds from common stock issuance, net 0 192,194,000
Exercise of common stock options and stock appreciation rights, net of repurchase of restricted shares (3,649,000) (966,000)
Common stock dividends paid (10,974,000) (7,025,000)
Net cash provided by financing activities 690,935,000 516,161,000
Net increase (decrease) in cash and cash equivalents (410,834,000) 9,029,000
Cash and cash equivalents, beginning of period 779,597,000 183,645,000
Cash and cash equivalents, end of period $ 368,763,000 $ 192,674,000