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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash Flows from Operating Activities      
Interest and dividends received $ 438,795 $ 363,217 $ 296,885
Service charges and other fees received 42,489 35,915 35,003
Interest paid (21,193) (13,241) (8,286)
Net cash paid to vendors, employees and others (182,568) (171,998) (114,424)
Income taxes (69,341) (48,876) (70,250)
Payments to FDIC, loss share agreement 0 (64) (519)
Net cash provided by operating activities 208,182 164,953 138,409
Cash Flows from Investing Activities      
Proceeds from redemption of FHLB stock 0 17,250 1,952
Net change in interest-earning balances from depository institutions 4,739 13,076 30,375
Proceeds from sale of investment securities held-for-sale 152,644 716,996 5,403
Proceeds from repayment of investment securities available-for-sale 364,126 383,155 425,666
Proceeds from maturity of investment securities available-for-sale 7,109 24,651 28,620
Purchases of investment securities available-for-sale (492,995) (98,709) (319,603)
Proceeds from repayment and maturity of investment securities held-to-maturity 114,569 81,816 118,540
Purchases of investment securities held-to-maturity (47,587) 0 (42,400)
Net increase in equity investments (16,488) (24,863) (1,470)
Net decrease (increase) in loan and lease finance receivables 231,105 (179,054) (111,879)
Proceeds on eminent domain condemnation, net 5,685 3,425 0
Proceeds from sale of building, net 5,755 0 4,012
Purchase of premises and equipment (5,522) (4,194) (4,893)
Proceeds from BOLI death benefit 1,660 2,383 2,653
Proceeds from sales of other real estate owned 523 8,067 0
Cash used in sale of branch, net 0 0 (25,266)
Cash acquired from acquisition, net of cash paid 0 (132,918) 28,325
Net cash provided by investing activities 325,323 811,081 140,035
Cash Flows from Financing Activities      
Net decrease in other deposits (36,926) (444,316) (50,611)
Net decrease in time deposits (85,636) (145,033) (47,342)
Repayment of FHLB advances 0 (297,571) 0
Net (decrease) increase in other borrowings (280,000) 114,000 (53,000)
Net decrease in customer repurchase agreements (13,596) (111,518) (49,255)
Cash dividends on common stock (95,352) (65,966) (57,047)
Repurchase of common stock (2,640) (7,760) (1,128)
Proceeds from exercise of stock options 2,215 1,701 2,683
Net cash used in financing activities (511,935) (956,463) (255,700)
Net increase in cash and cash equivalents 21,570 19,571 22,744
Cash and cash equivalents, beginning of period 163,948 144,377 121,633
Cash and cash equivalents, end of period 185,518 163,948 144,377
Reconciliation of Net Earnings to Net Cash Provided by Operating Activities      
Net earnings 207,827 152,003 104,411
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Gain on sale of branch, net 0 0 (906)
Gain on sale of investment securities, net (5) 0 (402)
Gain on eminent domain condemnation, net (5,685) 0 (2,894)
Gain on sale of building, net (4,776) 0 (542)
Gain on sale of other real estate owned (105) (3,540) 0
Increase in BOLI (5,670) (5,751) (4,932)
Net amortization of premiums and discounts on investment securities 10,298 13,531 18,017
Accretion of discount for acquired loans, net (28,831) (15,400) (5,159)
Recapture of loan losses 5,000 1,500 (8,500)
Recapture of provision for unfunded loan commitments 0 (250) (400)
Payments to FDIC, loss share agreement 0 (64) (519)
Stock-based compensation 5,548 3,508 2,953
Depreciation and amortization, net 22,036 8,349 2,657
Change in other assets and liabilities 2,545 11,067 34,625
Total adjustments 355 12,950 33,998
Net cash provided by operating activities 208,182 164,953 138,409
Supplemental Disclosure of Non-cash Investing Activities      
Transfer of loans to other real estate owned 4,889 420 0
Issuance of common stock for acquisition $ 0 $ 722,767 $ 37,637