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Condensed Parent Company Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2019
Condensed Financial Information Of Parent Company Only Disclosure [Abstract] |
Summary of Balance Sheet of Parent Company | BALANCE SHEETS
|  | December 31, |
|  | 2019 |  |  | 2018 |
|  | (Dollars in thousands) |
ASSETS |  |  |  |  |  |  |  |
Cash |  | $ | 5,761 |  |  | $ | 105,089 |
Investments in subsidiaries |  |  | 946,311 |  |  |  | 822,336 |
Goodwill |  |  | 69,478 |  |  |  | 624 |
Core deposit premium |  |  | 9,617 |  |  |  | — |
Dividends receivable |  |  | 11,622 |  |  |  | 11,058 |
Other assets |  |  | 2,313 |  |  |  | 958 |
Total assets |  | $ | 1,045,102 |  |  | $ | 940,065 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |
Other liabilities |  | $ | 13,309 |  |  | $ | 10,472 |
Junior subordinated debentures |  |  | 26,804 |  |  |  | 26,804 |
Stockholders’ equity |  |  | 1,004,989 |  |  |  | 902,789 |
Total liabilities and stockholders’ equity |  | $ | 1,045,102 |  |  | $ | 940,065 |
Summary of Income Statement of Parent Company | STATEMENTS OF INCOME
|  | Year Ended December 31, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
|  | (Dollars in thousands) |
OPERATING INCOME |  |  |  |  |  |  |  |  |  |  |  |
Dividends from subsidiaries |  | $ | 77,559 |  |  | $ | 38,326 |  |  | $ | 29,455 |
Interest on interest-bearing deposits |  |  | 1,150 |  |  |  | 1,151 |  |  |  | 291 |
Other |  |  | 451 |  |  |  | 16 |  |  |  | 3 |
Total operating income |  |  | 79,160 |  |  |  | 39,493 |  |  |  | 29,749 |
OPERATING EXPENSE |  |  |  |  |  |  |  |  |  |  |  |
Interest |  |  | 1,965 |  |  |  | 2,172 |  |  |  | 2,122 |
Other |  |  | 5,017 |  |  |  | 698 |  |  |  | 770 |
Total operating expense |  |  | 6,982 |  |  |  | 2,870 |  |  |  | 2,892 |
Income before taxes and equity in undistributed earnings of subsidiaries |  |  | 72,178 |  |  |  | 36,623 |  |  |  | 26,857 |
Allocated income tax benefit |  |  | 2,731 |  |  |  | 3,093 |  |  |  | 3,295 |
Income before equity in undistributed earnings of subsidiaries |  |  | 74,909 |  |  |  | 39,716 |  |  |  | 30,152 |
Equity in undistributed earnings of subsidiaries |  |  | 61,194 |  |  |  | 87,404 |  |  |  | 57,429 |
Amortization of stock-based compensation arrangements of subsidiaries |  |  | (1,224 | ) |  |  | (1,306 | ) |  |  | (1,142 | )
Net income |  | $ | 134,879 |  |  | $ | 125,814 |  |  | $ | 86,439 |
Summary of Cash Flow of Parent Company | STATEMENTS OF CASH FLOW
|  | Year Ended December 31, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
|  | (Dollars in thousands) |
CASH FLOWS FROM OPERATING ACTIVITIES |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 134,879 |  |  | $ | 125,814 |  |  | $ | 86,439 |
Adjustments to reconcile to net cash provided by operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Equity in undistributed earnings of subsidiaries |  |  | (61,194 | ) |  |  | (87,404 | ) |  |  | (57,429 | )
Amortization of stock-based compensation arrangements of subsidiaries |  |  | 1,224 |  |  |  | 1,306 |  |  |  | 1,142 |
Other, net |  |  | (440 | ) |  |  | (2,621 | ) |  |  | 569 |
Net cash provided by operating activities |  |  | 74,469 |  |  |  | 37,095 |  |  |  | 30,721 |
INVESTING ACTIVITIES |  |  |  |  |  |  |  |  |  |  |  |
Net cash provided by acquisitions |  |  | — |  |  |  | 41,347 |  |  |  | — |
Payments for investments in subsidiaries |  |  | (134,457 | ) |  |  | — |  |  |  | (502 | )
Other, net |  |  | (418 | ) |  |  | (174 | ) |  |  | 100 |
Net cash (used in) provided by investing activities |  |  | (134,875 | ) |  |  | 41,173 |  |  |  | (402 | )
FINANCING ACTIVITIES |  |  |  |  |  |  |  |  |  |  |  |
Issuance of common stock |  |  | 2,484 |  |  |  | 2,238 |  |  |  | 4,844 |
Common stock acquired |  |  | (1,601 | ) |  |  | (7,914 | ) |  |  | — |
Cash dividends paid |  |  | (39,805 | ) |  |  | (30,265 | ) |  |  | (24,783 | )
Redemption of Junior Subordinated debentures |  |  | — |  |  |  | (5,155 | ) |  |  | — |
Net cash used in financing activities |  |  | (38,922 | ) |  |  | (41,096 | ) |  |  | (19,939 | )
Net (decrease) increase in cash and due from banks |  |  | (99,328 | ) |  |  | 37,172 |  |  |  | 10,380 |
Cash and due from banks at the beginning of the period |  |  | 105,089 |  |  |  | 67,917 |  |  |  | 57,537 |
Cash and due from banks at the end of the period |  | $ | 5,761 |  |  | $ | 105,089 |  |  | $ | 67,917 |
SUPPLEMENTAL DISCLOSURE |  |  |  |  |  |  |  |  |  |  |  |
Cash paid during the period for interest |  | $ | 5,131 |  |  | $ | 2,171 |  |  | $ | 2,122 |
Cash received during the period for income taxes, net |  | $ | 4,518 |  |  | $ | 3,647 |  |  | $ | 4,643 |

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