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Parent Company Only Financial Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Condensed Financial Information Disclosure [Abstract] |
CONDENSED BALANCE SHEETS | CONDENSED BALANCE SHEETS
| 2019 |  | 2018
Assets: |  |  |
Cash and cash equivalents | $ | 182,091 |  |  | $ | 94,043 |
Investments in bank subsidiaries | 4,653,310 |  |  | 4,096,349 |
Investments in consolidated subsidiaries | 7,816 |  |  | 6,511 |
Investment in unconsolidated subsidiaries: |  |  |
Statutory Trusts | 3,995 |  |  | 3,995 |
Other investments | 97,459 |  |  | 79,646 |
Current income tax receivable | 11,696 |  |  | 19,032 |
Other assets | 29,566 |  |  | 26,668 |
| $ | 4,985,933 |  |  | $ | 4,326,244 |
Liabilities and stockholders' equity: |  |  |  |
Income taxes payable to subsidiaries | 2,467 |  |  | — |
Subordinated debt and other borrowings | 620,256 |  |  | 357,153 |
Other liabilities | 7,462 |  |  | 3,151 |
Stockholders' equity | 4,355,748 |  |  | 3,965,940 |
| $ | 4,985,933 |  |  | $ | 4,326,244 |
CONDENSED STATEMENTS OF OPERATIONS | CONDENSED STATEMENTS OF OPERATIONS
| 2019 |  | 2018 |  | 2017
Revenues: |  |  |  |  |
Income from bank subsidiaries | $ | 113,982 |  |  | $ | 83,090 |  |  | $ | 63,100 |
Income from nonbank subsidiaries | 178 |  |  | 170 |  |  | 101 |
Income from equity method investment | 24,298 |  |  | 13,731 |  |  | 10,126 |
Other income | 3,485 |  |  | 1,310 |  |  | 576 |
Expenses: |  |  |  |  |
Interest expense | 18,425 |  |  | 17,703 |  |  | 13,583 |
Personnel expense, including stock compensation | 21,226 |  |  | 17,636 |  |  | 16,629 |
Other expense | 1,496 |  |  | 1,312 |  |  | 4,349 |
Income before income taxes and equity in undistributed income of subsidiaries | 100,796 |  |  | 61,650 |  |  | 39,342 |
Income tax benefit | (4,457) |  |  | (8,570) |  |  | (12,748) |
Income before equity in undistributed income of subsidiaries | 105,253 |  |  | 70,220 |  |  | 52,090 |
Equity in undistributed income of bank subsidiaries | 294,354 |  |  | 288,728 |  |  | 121,341 |
Equity in undistributed income of nonbank subsidiaries | 1,274 |  |  | 492 |  |  | 548 |
Net income | $ | 400,881 |  |  | $ | 359,440 |  |  | $ | 173,979 |
CONDENSED STATEMENTS OF CASH FLOWS | CONDENSED STATEMENTS OF CASH FLOWS
| 2019 |  | 2018 |  | 2017
Operating activities: |  |  |  |  |
Net income | $ | 400,881 |  |  | $ | 359,440 |  |  | $ | 173,979 |
Adjustments to reconcile net income to net cash provided by (used in) operating activities: |  |  |  |  |
Amortization and accretion | (3,094) |  |  | 105 |  |  | 48 |
Stock-based compensation expense | 21,226 |  |  | 17,636 |  |  | 19,538 |
Increase (decrease) in income tax payable, net | 2,467 |  |  | (24) |  |  | 24 |
Deferred tax expense (benefit) | (2,857) |  |  | (549) |  |  | 5,919 |
Income from equity method investments, net | (24,298) |  |  | (13,731) |  |  | (10,126) |
Dividends received from equity method investment | 8,953 |  |  | 5,872 |  |  | 5,655 |
Excess tax benefit from stock compensation | (1,011) |  |  | (2,966) |  |  | (5,365) |
Loss (gain) on other investments | (1,057) |  |  | (209) |  |  | (350) |
Decrease (increase) in other assets | 7,295 |  |  | 4,390 |  |  | (3,990) |
Increase (decrease) in other liabilities | 5,322 |  |  | 2,758 |  |  | (9,194) |
Equity in undistributed income of bank subsidiary | (294,354) |  |  | (288,728) |  |  | (121,341) |
Equity in undistributed income of nonbank subsidiary | (1,274) |  |  | (492) |  |  | (548) |
Net cash provided by operating activities | 118,199 |  |  | 83,502 |  |  | 54,249 |
Investing activities: |  |  |  |  |
Investment in consolidated banking subsidiaries | (180,000) |  |  | — |  |  | (182,288) |
Increase in other investments | (1,411) |  |  | (2,321) |  |  | (815) |
Net cash used in investing activities | (181,411) |  |  | (2,321) |  |  | (183,103) |
Financing activities: |  |  |  |  |
Proceeds from subordinated debt and other borrowings, net of issuance costs | 316,078 |  |  | 19,850 |  |  | — |
Repayment of other borrowings | (49,880) |  |  | (620) |  |  | (60) |
Proceeds from common stock issuance | — |  |  | — |  |  | 192,194 |
Exercise of common stock options and stock appreciation rights, net of repurchase of restricted shares | (3,694) |  |  | (5,071) |  |  | 494 |
Repurchase of common stock | (61,416) |  |  | (20,694) |  |  | — |
Common dividends paid | (49,828) |  |  | (45,454) |  |  | (35,907) |
Net cash provided by (used in) financing activities | 151,260 |  |  | (51,989) |  |  | 156,721 |
Net increase in cash | 88,048 |  |  | 29,192 |  |  | 27,867 |
Cash and cash equivalents, beginning of year | 94,043 |  |  | 64,851 |  |  | 36,984 |
Cash and cash equivalents, end of year | $ | 182,091 |  |  | $ | 94,043 |  |  | $ | 64,851 |

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