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Consolidated Statements of Cash Flow (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 22,608 $ 31,837
Adjustments to reconcile to net cash provided by operating activities:    
Provision for credit losses 19,583 1,684
Depreciation and amortization 4,455 3,744
Net amortization of securities premiums and discounts (461) (1,948)
Realized securities gains (50)  
Gain on sales of loans (781) (698)
Cash receipts from the sale of loans originated for sale 56,879 43,229
Cash disbursements for loans originated for sale (61,258) (42,094)
Deferred income tax benefit (1,211) (459)
Gain on sale of other assets (2,183) (499)
Decrease/(increase) in interest receivable 196 (1,500)
(Decrease)/increase in interest payable (543) 382
Amortization of stock-based compensation arrangements 426 174
Excess tax benefit from stock-based compensation arrangements (95) (102)
Other, net (2,302) 2,910
Net cash provided by operating activities 35,263 36,660
INVESTING ACTIVITIES    
Net cash received from acquisitions, net of cash paid 18,397  
Net decrease in federal funds sold 1,000  
Purchases of held for investment securities (295)  
Purchases of available for sale securities (234,059)  
Proceeds from maturities, calls and paydowns of held for investment securities 237 210
Proceeds from maturities, calls and paydowns of available for sale securities 142,818 2,406
Purchase of equity securities (39) (1,828)
Proceeds from paydowns and sales of equity securities 408 110
Net change in loans (308,102) (67,249)
Purchases of premises, equipment and computer software (11,349) (6,792)
Purchase of tax credits (219) (6,894)
Other, net 4,988 1,875
Net cash used in investing activities (386,215) (78,162)
FINANCING ACTIVITIES    
Net change in deposits 44,559 100,582
Net change in short-term borrowings 300 3,525
Issuance of common stock in connection with stock options, net 232 326
Common stock acquired (3,098)  
Cash dividends paid (10,462) (9,781)
Net cash provided by financing activities 31,531 94,652
Net (decrease)/increase in cash, due from banks and interest-bearing deposits (319,421) 53,150
Cash, due from banks and interest-bearing deposits at the beginning of the period 1,868,281 1,424,255
Cash, due from banks and interest-bearing deposits at the end of the period 1,548,860 1,477,405
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash paid during the period for interest 10,410 13,655
Cash paid during the period for income taxes 1,175  
Noncash investing and financing activities:    
Fair value of assets acquired in acquisitions 47,838  
Liabilities assumed in acquisitions 45,040  
Unpaid common stock dividends declared $ 10,463 $ 9,784