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Consolidated Statements of Cash Flow
$ in Thousands
12 Months Ended
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 125,814 $ 86,439 $ 70,674
Adjustments to reconcile to net cash provided by operating activities:      
Provision for loan losses 3,802 8,512 11,519
Depreciation and amortization 13,546 11,791 12,383
Net amortization of securities premiums and discounts (421) (148) 128
Realized securities (gains) losses (47) (4,060) 59
Gain on sales of loans (2,902) (2,921) (2,825)
Cash receipts from the sale of loans originated for sale 187,461 211,569 189,620
Cash disbursements for loans originated for sale (186,632) (205,574) (182,425)
Deferred income tax provision (benefit) 3,155 4,383 (2,048)
(Gain)/loss on other assets (596) 46 (1,252)
Increase in interest receivable (3,390) (3,284) (1,497)
Increase in interest payable 1,179 366 69
Amortization of stock-based compensation arrangements 1,352 1,180 1,636
Excess tax benefit from stock-based compensation arrangements (1,112) (2,601)  
Other, net (10,063) (1,173) (5,500)
Net cash provided by operating activities 131,146 104,525 90,541
INVESTING ACTIVITIES      
Net cash received from acquisitions, net of cash paid 6,248    
Net decrease/ (increase) in federal funds sold 23,548   (700)
Purchases of held for investment securities (225) (220) (838)
Purchases of available for sale securities (465,684) (84,109) (223,558)
Proceeds from maturities, calls and paydowns of held for investment securities 1,089 2,293 5,260
Proceeds from maturities, calls and paydowns of available for sale securities 126,909 78,682 300,156
Proceeds from sales of available for sale securities 31,285    
Purchase of equity securities (3,190) (1,668) (1,097)
Proceeds from paydowns and sales of equity securities 1,484 5,793 670
Net change in loans 49,354 (331,362) (176,594)
Purchases of premises, equipment and computer software (51,863) (18,007) (10,835)
Other, net (3,890) 4,038 9,519
Net cash used in investing activities (284,935) (344,560) (98,017)
FINANCING ACTIVITIES      
Net change in deposits (139,510) 166,988 274,699
Net change in short-term borrowings 775 400  
Issuance of common stock in connection with stock options, net 2,238 4,844 13,354
Common stock acquired (7,914)   (5,523)
Redemption of Junior Subordinated debentures (5,155)    
Cash dividends paid (30,265) (24,783) (22,770)
Net cash (used in) provided by financing activities (179,831) 147,449 259,760
Net (decrease)/increase in cash, due from banks and interest-bearing deposits (333,620) (92,586) 252,284
Cash, due from banks and interest-bearing deposits at the beginning of the period 1,757,875 1,850,461 1,598,177
Cash, due from banks and interest-bearing deposits at the end of the period 1,424,255 1,757,875 1,850,461
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:      
Cash paid during the period for interest 41,549 20,563 14,673
Cash paid during the period for income taxes 27,952 41,058 32,700
Noncash investing and financing activities:      
Stock issued in acquisitions 39,498    
Cash consideration for acquisitions 24,722    
Fair value of assets acquired in acquisitions 377,320    
Liabilities assumed in acquisitions 338,860    
Unpaid common stock dividends declared $ 9,826 $ 6,693 $ 5,969