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Condensed Financial Information of Parent Company (Tables)
 12 Months Ended
Dec. 31, 2019
Condensed Financial Information Disclosure [Abstract]  
Condensed Balance Sheets
CONDENSED BALANCE SHEETS
                 
 
December 31,
 
 
2019
 
  
2018
 
 
(Dollars in thousands)
  
Assets
   
     
 
Investment in subsidiaries
  $
 2,003,692
    $
 1,865,609
 
Other assets, net
   
42,070
     
31,628
 
   
 
 
    
 
 
  
Total assets
  $
 2,045,762
    $
 1,897,237
 
                 
Liabilities
  $
 51,664
    $
 46,047
 
Stockholders’ equity
   
    1,994,098
     
1,851,190
 
   
 
 
    
 
 
  
Total liabilities and stockholders’ equity
  $
2,045,762
    $
 
   1,897,237
 
                 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Condensed Statements of Earnings
CONDENSED STATEMENTS OF EARNINGS
                         
 
Year Ended December 31,
 
 
2019
 
  
2018
 
  
2017
 
 
(Dollars in thousands)
 
Excess in net earnings of subsidiaries
  $
 107,185
    $
78,601
    $
50,253
 
Dividends from the Bank
   
106,000
     
77,800
     
57,000
 
Other expense, net
   
    (5,358
)     
(4,398
 )    
(2,842
 )
   
 
 
    
 
 
    
 
 
  
Net earnings
  $
 
 
 207,827
    $
   152,003
    $
   104,411
 
                         
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Condensed Statements of Cash Flows
CONDENSED STATEMENTS OF CASH FLOWS
                         
 
Year Ended December 31,
 
 
2019
 
  
2018
 
 
  
2017
 
 
(Dollars in thousands)
  
Cash Flows from Operating Activities
 
 
 
  
 
 
  
 
 
Net earnings
  $
 207,827
    $
152,003
    $
104,411
 
   
 
 
    
 
 
    
 
 
  
Adjustments to reconcile net earnings to cash used in operating activities:
   
     
     
 
Earnings of subsidiaries
   
(213,185
)    
(156,401
 )    
(107,253
 )
Tax settlement received from the Bank
   
1,008
     
-
     
1,577
 
Stock-based compensation
   
5,548
     
3,508
     
2,953
 
Other operating activities, net
   
(2,417
)    
(2,052
 )    
(1,725
 )
   
 
 
    
 
 
    
 
 
  
Total adjustments
   
(209,046
)    
(154,945
 )    
(104,448
 )
   
 
 
    
 
 
    
 
 
  
Net cash used in operating activities
   
(1,219
)    
(2,942
 )    
(37
 )
   
 
 
    
 
 
    
 
 
  
Cash Flows from Investing Activities
 
 
 
  
 
 
  
 
 
Dividends received from the Bank
   
106,000
     
77,800
     
57,000
 
   
 
 
    
 
 
    
 
 
  
Net cash provided by investing activities
   
106,000
     
77,800
     
57,000
 
   
 
 
    
 
 
    
 
 
  
Cash Flows from Financing Activities
 
 
 
  
 
 
  
 
 
Cash dividends on common stock
   
(95,352
)    
(65,966
 )    
(57,047
 )
Proceeds from exercise of stock options
   
2,215
     
1,701
     
2,683
 
Repurchase of common stock
   
(2,640
)    
(7,760
 )    
(1,128
 )
   
 
 
    
 
 
    
 
 
  
Net cash used in financing activities
   
(95,777
)    
(72,025
 )    
(55,492
 )
   
 
 
    
 
 
    
 
 
  
Net increase in cash and cash equivalents
   
9,004
     
2,833
     
1,471
 
Cash and cash equivalents, beginning of period
   
22,050
     
19,217
     
17,746
 
   
 
 
    
 
 
    
 
 
  
Cash and cash equivalents, end of period
  $
31,054
    $
22,050
    $
19,217