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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income $ 62,346 $ 12,574 $ 23,759
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit losses 6,854 29,719 35,829
Reversal of provision for loan repurchases (948) (697) (660)
Depreciation and amortization on premises, equipment and operating lease right-of-use assets 19,278 16,298 16,427
Amortization of intangible assets 1,276 1,518 2,195
Amortization of debt issuance cost 1,757 972 247
Net amortization of premium and discount on securities 1,574 1,145 783
Impairment loss on investment securities 0 0 731
(Accretion) amortization of deferred loan (fees) costs and purchased (discounts) premiums (348) (3,455) 551
Write-off of other assets related to naming rights termination, net 0 6,669 0
Debt extinguishment fee 0 2,515 0
Deferred income tax expense (benefit) 5,844 (9,259) (622)
Bank owned life insurance income (2,871) (2,489) (2,292)
Share-based compensation expense 5,295 5,781 5,039
(Income) loss on interest rate swaps (295) 200 8,964
Loss on investments in alternative energy partnerships and affordable housing investments 4,023 4,888 5,214
Impairment on capitalized software projects 0 512 1,481
Fair value adjustment for loans held-for-sale (206) 1,501 (106)
Net gain on sale of loans (275) (245) (7,766)
Net (gain) loss on sale of securities available for sale 0 (2,011) 4,852
Gain on sale-leaseback of branch (841) 0 0
Loss on sale or disposal of property and equipment 4 188 67
Repurchase of mortgage loans (1,853) 0 (1,929)
Proceeds from sales of and principal collected on loans held-for-sale 29 19,325 6,636
Change in accrued interest receivable and other assets 2,424 17,217 (15,447)
Change in accrued interest payable and other liabilities 2,672 (28,004) (3,698)
Net cash provided by operating activities 105,739 74,862 80,255
Cash flows from investing activities:      
Proceeds from sales of securities available-for-sale 0 22,729 1,196,498
Proceeds from maturities and calls of securities available-for-sale 191,230 46,100 53,090
Proceeds from principal repayments of securities available-for-sale 35,629 12,132 36,541
Purchases of securities available-for-sale (312,710) (371,092) (195,258)
Purchases of bank owned life insurance 0 0 (500)
Net cash acquired in business combination 475,562 0 0
Loan originations and principal collections, net 411,035 327,554 573,490
Purchases of loans (825,537) (285,337) 0
Redemption of Federal Home Loan Bank stock 8,334 24,296 82,835
Purchases of Federal Home Loan Bank and other bank stock (562) (9,382) (74,161)
Proceeds from sale of loans held-for-sale/held-for-investment 15,189 0 1,146,562
Proceeds from sale of other real estate owned 3,618 1,078 843
Additions to premises and equipment (2,810) (5,092) (10,478)
Proceeds from sale-leaseback of branch 3,913 0 0
Payments of capital lease obligations (100) (532) (574)
Funding of equity investment (10,749) (27,832) (14,800)
Net decrease (increase) in investments in alternative energy partnerships 2,293 (1,537) 1,219
Net cash (used in) provided by investing activities (5,665) (266,915) 2,795,307
Cash flows from financing activities:      
Net increase (decrease) in deposits 68,921 658,633 (2,489,477)
Net decrease in short-term Federal Home Loan Bank advances (65,000) (425,000) (200,000)
Repayment of long-term Federal Home Loan Bank advances 0 (335,000) (125,000)
Proceeds from long-term Federal Home Loan Bank advances 0 111,000 0
Debt extinguishment and financing fees paid 0 (9,368) 0
Net increase in other borrowings 25,000 0 0
Net proceeds from issuance of long-term debt 0 82,570 0
Redemption of preferred stock (93,269) (4,379) (46,396)
Purchase of common stock 0 (12,041) 0
Proceeds from exercise of stock options 300 0 0
Restricted stock surrendered to pay employee tax liability (7,557) (923) (1,023)
Dividend equivalents paid on stock appreciation rights 0 (376) (483)
Dividends paid on preferred stock (8,322) (13,869) (15,559)
Dividends paid on common stock (12,843) (11,847) (15,744)
Net cash (used in) provided by financing activities (92,770) 39,400 (2,893,682)
Net change in cash and cash equivalents 7,304 (152,653) (18,120)
Cash and cash equivalents at beginning of year 220,819 373,472 391,592
Cash and cash equivalents at end of year 228,123 220,819 373,472
Supplemental cash flow information      
Interest paid on deposits and borrowed funds 36,292 66,014 151,508
Income taxes paid 16,003 762 2,924
Income taxes refunds received 0 0 202
Supplemental disclosure of non-cash activities      
Transfer from loans to other real estate owned, net 3,253 1,116 276
Transfer of loans held-for-investment to loans held-for-sale 15,205 0 1,139,597
Equipment acquired under capital leases 256 30 76
Operating lease right of use assets received in exchange for lease liabilities 17,201 3,289 28,664
Operating lease liabilities recognized 17,201 3,289 30,065
Fair value of stock consideration 222,195 0 0
Cash consideration 3,189 0 0
Net assets acquired in business combination 168,227 0 0
Impact of adoption of ASU 2016-13 on retained earnings $ 1,065,290 $ 897,207 907,245
Impact of ASC 326 Adoption      
Supplemental disclosure of non-cash activities      
Impact of adoption of ASU 2016-13 on retained earnings     $ (4,503)