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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income $ 7,037 $ 8,558
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for loan and lease losses 2,512 19,499
(Reversal of) provision for unfunded loan commitments (414) 577
Reversal of provision for loan repurchases (116) (1,788)
Depreciation on premises and equipment 2,683 2,575
Amortization of intangible assets 620 843
Amortization of debt issuance cost 29 25
Net amortization of premium and discount on securities 286 73
Net amortization (accretion) of deferred loan costs and fees 289 (122)
Accretion of discounts on purchased loans (97) 0
Deferred income tax expense (benefit) 1,785 (4,956)
Bank owned life insurance income (525) (533)
Share-based compensation expense 853 2,087
Loss (gain) on investments in alternative energy partnerships 1,950 (34)
Impairment on capitalized software projects 38 0
Net revenue from mortgage banking activities 0 (232)
Net (gain) loss on sale of loans (1,553) 41
Net gain on sale of securities available for sale (208) (5,241)
Loss from change of fair value of mortgage servicing rights 191 920
Loss on sale or disposal of property and equipment 0 16
Loss on sale of mortgage servicing rights 0 2,295
Net gain on disposal of discontinued operations 0 (1,003)
Repurchase of mortgage loans 0 (9,670)
Originations of other loans held-for-sale 0 (773)
Proceeds from sales of and principal collected on loans held-for-sale from mortgage banking 2,139 10,629
Proceeds from sales of and principal collected on other loans held-for-sale 0 5
Change in accrued interest receivable and other assets (5,245) 1,847
Change in accrued interest payable and other liabilities 6,282 (11,294)
Net cash provided by operating activities 18,536 14,344
Cash flows from investing activities:    
Proceeds from sales of securities available-for-sale 502,606 190,917
Proceeds from maturities and calls of securities available-for-sale 19,078 96,600
Proceeds from principal repayments of securities available-for-sale 7,969 9,351
Purchases of securities available-for-sale 0 (100,754)
Loan and lease originations and principal collections, net (100,702) (291,593)
Redemption of Federal Home Loan Bank stock 23,341 0
Purchase of Federal Home Loan Bank and other bank stock (11,041) (7,061)
Proceeds from sale of loans 245,013 6,506
Proceeds from sale of other real estate owned 489 553
Proceeds from sale of mortgage servicing rights 0 27,347
Purchases of premises and equipment (3,748) (2,090)
Payments of capital lease obligations (86) (125)
Funding of equity investment, net (574) (275)
Net cash provided by (used in) investing activities 682,345 (70,624)
Cash flows from financing activities:    
Net decrease in deposits (191,712) (182,738)
Net (decrease) increase in short-term Federal Home Loan Bank advances (585,000) 30,000
Proceeds from long-term Federal Home Loan Bank advances 0 180,000
Purchase of restricted stock surrendered due to employee tax liability (79) (97)
Dividend equivalents paid on stock appreciation rights (202) (202)
Dividends paid on preferred stock (4,308) (5,113)
Dividends paid on common stock (6,467) (6,565)
Net cash (used in) provided by financing activities (787,768) 15,285
Net change in cash and cash equivalents (86,887) (40,995)
Cash and cash equivalents at beginning of period 391,592 387,699
Cash and cash equivalents at end of period 304,705 346,704
Supplemental cash flow information    
Interest paid on deposits and borrowed funds 39,436 25,430
Income taxes paid 2,372 31
Income taxes refunds received 0 (22)
Supplemental disclosure of non-cash activities    
Transfer from loans to other real estate owned, net 276 0
Transfer of loans held-for-investment to loans held-for-sale 243,364 6,546
Equipment acquired under capital leases 30 496
Operating lease right of use assets recognized 26,365  
Operating lease liabilities recognized 27,766  
Due on unsettled securities purchases 0 59,000
Loans sold to Ginnie Mae that are subject to a repurchase option $ 0 $ 6,774