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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
OPERATING ACTIVITIES      
Net income $ 242,260 $ 122,044 $ 158,873
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization of premises and equipment 13,387 14,131 11,567
Other net (accretion) amortization (11,001) (9,890) 996
Provision for credit losses (64,274) 107,741 11,198
Net securities (gains) losses (1,113) (4,268) (4,320)
Mortgage banking income (19,528) (22,736) (8,219)
Stock compensation expense 6,475 5,653 5,321
Decrease (increase) in deferred income tax assets, net 18,692 (10,518) 8,466
Increase in cash surrender value of bank-owned life insurance (8,936) (7,359) (5,913)
Contribution to pension plan     (3,000)
Loans originated for sale (648,344) (910,155) (328,319)
Proceeds from the sale of loans originated for sale 789,823 786,352 308,856
Net change in: accrued interest receivable and other assets 60,503 (30,280) (33,400)
Net change in: accrued interest payable and other liabilities (35,098) 16,189 41,500
Other—net (6,549) 2,702 (243)
Net cash provided by operating activities 336,297 59,606 163,363
INVESTING ACTIVITIES      
Net decrease (increase) in loans held for investment 1,108,165 (538,688) (61,804)
Available-for-sale debt securities:      
Proceeds from sales 0 226,099 125,839
Proceeds from maturities, prepayments and calls 839,584 803,006 438,259
Purchases of securities (1,955,670) (585,930) (573,729)
Held-to-maturity debt securities:      
Proceeds from maturities, prepayments and calls 108,883 200,100 163,667
Purchases of securities (385,538) (82,695) (41,516)
Equity securities:      
Proceeds from sales   203 4,090
Net cash received from business acquisitions     60,025
Purchases of bank owned life insurance (40,000)    
Proceeds from bank owned life insurance 4,615 832 1,156
Purchases of premises and equipment—net (8,535) (7,551) (12,201)
Sale of portfolio loans   42,416  
Net cash (used in) provided by investing activities (328,496) 57,792 103,786
FINANCING ACTIVITIES      
Increase (decrease) in deposits 1,140,303 1,435,497 (199,771)
Proceeds from Federal Home Loan Bank borrowings   475,000 1,035,000
Repayment of Federal Home Loan Bank borrowings (365,201) (1,341,814) (888,862)
Decrease in other short-term borrowings (100,057) (32,912) (44,788)
Principal repayments of finance lease obligations (444) (422) (402)
(Decrease) increase in federal funds purchased   (7,500) 7,500
Repayment of subordinated and junior subordinated debt (60,000) (6,702) (33,506)
Dividends paid to common shareholders (86,484) (85,253) (66,571)
Dividends paid to preferred shareholders (10,125) (2,644)  
Issuance of common stock   59 72
Issuance of preferred stock, net of issuance costs   144,484  
Treasury shares purchased—net (179,882) (24,540) (10,211)
Net cash provided by (used in) financing activities 338,110 553,253 (201,539)
Net increase in cash, cash equivalents and restricted cash 345,911 670,651 65,610
Cash, cash equivalents and restricted cash at beginning of the year 905,447 234,796 169,186
Cash, cash equivalents and restricted cash at end of the year 1,251,358 905,447 234,796
SUPPLEMENTAL DISCLOSURES      
Interest paid on deposits and other borrowings 32,572 75,082 87,145
Income taxes paid 35,725 36,975 31,375
Transfers of loans to other real estate owned $ 526 263 1,015
Transfers of portfolio loans to loans held for sale   $ 42,416  
Non-cash transactions related to the OLBK acquisition     493,935
Transfers of held-to-maturity debt securities to available-for-sale debt securities     67,393
Right of use assets obtained in exchange for lease obligations     $ 19,827