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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net income $ 23,338 $ 29,458
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Provision for loan and lease losses 22,152 5,086
Provision for unfunded loan commitments 315 1,629
Reversal of provision for loan repurchases (2,006) (728)
Depreciation on premises and equipment 5,212 6,420
Amortization of intangible assets 1,670 2,146
Amortization of debt issuance cost 76 96
Net amortization (accretion) of premium and discount on securities 530 (505)
Net accretion of deferred loan cost and fees (228) (161)
Accretion of discounts on purchased loans (562) (4,222)
Deferred income tax benefit (852) (12,271)
Bank owned life insurance income (1,066) (1,197)
Share-based compensation expense 3,875 7,691
Loss in investments in alternative energy partnerships 1,774 18,443
Impairment on intangible assets 0 336
Impairment on capitalized software projects 498 0
Net revenue on mortgage banking activities (288) (43,070)
Net gain on sale of loans (780) (5,002)
Net gain on sale of securities available for sale (5,519) (4,455)
Loss from change of fair value on mortgage servicing rights 1,241 6,378
Loss on sale or disposal of property and equipment 61 1,035
Loss on sale of mortgage servicing rights 2,450 0
Net gain on disposal of discontinued operations (1,275) (13,538)
Repurchase of mortgage loans (11,091) (53,290)
Originations of loans held-for-sale from mortgage banking 0 (1,510,971)
Originations of other loans held-for-sale (6,274) (83,815)
Proceeds from sales of and principal collected on loans held-for-sale from mortgage banking 15,417 1,848,535
Proceeds from sales of and principal collected on other loans held-for-sale 5,751 265,510
Change in accrued interest receivable and other assets 5,117 10,288
Change in accrued interest payable and other liabilities (8,678) (86,711)
Net cash provided by operating activities 50,858 383,115
Cash flows from investing activities:    
Proceeds from sales of securities available-for-sale 392,556 810,786
Proceeds from maturities and calls of securities available-for-sale 220,400 75,804
Proceeds from principal repayments of securities available-for-sale 20,451 22,958
Proceeds from maturities and calls of securities held-to-maturity 0 143,505
Purchases of securities available-for-sale (247,530) (550,700)
Net cash provided by disposal of discontinued operations 0 55,865
Loan and lease originations and principal collections, net (602,103) (467,539)
Redemption of Federal Home Loan Bank stock 13,642 5,300
Purchase of Federal Home Loan Bank and other bank stock (13,725) (896)
Proceeds from sale of loans 211,459 409,134
Proceeds from sale of other real estate owned 1,484 1,066
Proceeds from sale of mortgage servicing rights 30,056 0
Proceeds from sale of premises and equipment 19 512
Additions to premises and equipment (5,569) (12,089)
Payments of capital lease obligations (253) (516)
Funding of equity investment (1,864) (10,332)
Net (increase) decrease in investments in alternative energy partnerships 1,027 (30,940)
Net cash provided by investing activities 20,050 451,918
Cash flows from financing activities:    
Net decrease in deposits (157,109) (1,097,239)
Net increase (decrease) in short-term Federal Home Loan Bank advances (270,000) 330,000
Repayment of long-term Federal Home Loan Bank advances 0 (50,000)
Proceeds from long-term Federal Home Loan Bank advances 380,000 100,000
Net increase in securities sold under repurchase agreements 0 53,242
Net (decrease) increase in other borrowings 0 (68,000)
Payment of junior subordinated amortizing notes 0 (2,684)
Restricted stock surrendered due to employee tax liability (2,071) (5,377)
Dividend equivalents paid on stock appreciation rights (404) (404)
Dividends paid on preferred stock (10,226) (10,226)
Dividends paid on common stock (13,106) (12,665)
Net cash used by financing activities (72,916) (763,353)
Net change in cash and cash equivalents (2,008) 71,680
Cash and cash equivalents at beginning of period 387,699 439,510
Cash and cash equivalents at end of period 385,691 511,190
Supplemental cash flow information    
Interest paid on deposits and borrowed funds 58,727 38,673
Income taxes paid 2,337 8,864
Income taxes refunds received 24 14,070
Supplemental disclosure of non-cash activities    
Transfer from loans to other real estate owned, net 434 1,803
Transfer of loans held-for-investment to loans held-for-sale 211,824 547,099
Equipment acquired under capital leases 21 70
Reclassification of stranded tax effects to retained earnings 496 0
Due on unsettled securities purchases 132,546 116,090
Loans sold to Ginnie Mae that are subject to a repurchase option $ 0 $ 29,825