XML 18 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash Flows from Operating Activities    
Interest and dividends received $ 150,590 $ 145,978
Service charges and other fees received 17,032 17,456
Interest paid (4,288) (4,168)
Net cash paid to vendors, employees and others (68,564) (54,185)
Income taxes (26,379) (40,097)
Payments to FDIC, loss share agreement (65) (474)
Net cash provided by operating activities 68,326 64,510
Cash Flows from Investing Activities    
Proceeds from redemption of FHLB stock   1,952
Net change in interest-earning balances from depository institutions 10,802 23,277
Proceeds from sale of investment securities held-for-sale   5,403
Proceeds from repayment of investment securities available-for-sale 195,715 201,546
Proceeds from maturity of investment securities available-for-sale 10,806 16,615
Purchases of investment securities available-for-sale (98,709) (235,061)
Proceeds from repayment and maturity of investment securities held-to-maturity 55,021 70,949
Purchases of investment securities held-to-maturity   (30,112)
Net increase in equity investments (21,827) (601)
Net decrease in loan and lease finance receivables 20,802 25,211
Proceeds from BOLI death benefit 882 2,457
Purchase of premises and equipment (1,225) (2,469)
Proceeds from sales of other real estate owned 8,067  
Cash acquired from acquisition, net of cash paid   28,325
Net cash provided by investing activities 180,334 107,492
Cash Flows from Financing Activities    
Net increase in other deposits 11,299 58,901
Net decrease in time deposits (22,846) (33,197)
Net decrease in other borrowings   (53,000)
Net decrease in customer repurchase agreements (169,719) (56,943)
Cash dividends on common stock (30,862) (26,205)
Repurchase of common stock (837) (833)
Proceeds from exercise of stock options 1,417 2,389
Net cash used in financing activities (211,548) (108,888)
Net increase in cash and cash equivalents 37,112 63,114
Cash and cash equivalents, beginning of period 144,377 121,633
Cash and cash equivalents, end of period 181,489 184,747
Reconciliation of Net Earnings to Net Cash Provided by Operating Activities    
Net earnings 70,286 56,877
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Gain loss on sale of investment securities   (402)
Gain on sale of other real estate owned (3,540) (2)
Increase in BOLI (1,815) (3,691)
Net amortization of premiums and discounts on investment securities 7,302 8,989
Accretion of PCI discount (2,137) (505)
Recapture of provision for loan losses (2,000) (5,500)
Payments to FDIC, loss share agreement (65) (474)
Stock-based compensation 1,469 1,457
Depreciation and amortization, net 354 (402)
Change in other assets and liabilities (1,528) 8,161
Total adjustments (1,960) 7,633
Net cash provided by operating activities $ 68,326 64,510
Supplemental Disclosure of Non-cash Investing Activities    
Securities purchased and not settled   16,346
Issuance of common stock for acquisition   $ 37,637