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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 $ 15,440 $ 24,142
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for loan and lease losses 4,767 2,117
Depreciation and amortization 4,287 3,344
Share-based compensation expense 2,381 2,218
Deferred taxes 1,878 2,684
Net amortization of investment securities premiums and discounts 191 375
Unrealized (gain) loss on equity securities (2) (10)
(Gain) loss on sale of SBA and other loans (138) (1,477)
Origination of loans held for sale (8,182) (4,280)
Proceeds from the sale of loans held for sale 8,225 5,599
Amortization of fair value discounts and premiums 162 76
Valuation and other adjustments to other real estate owned 0 41
Earnings on investment in bank-owned life insurance (1,816) (2,031)
(Increase) decrease in accrued interest receivable and other assets (28,109) (6,806)
Increase (decrease) in accrued interest payable and other liabilities (5,096) 7,347
Net Cash Provided By (Used In) Operating Activities (6,012) 33,339
Cash Flows from Investing Activities    
Proceeds from maturities, calls and principal repayments of securities available for sale 4,498 11,489
Purchases of investment securities available for sale 0 (756,242)
Origination of mortgage warehouse loans (5,039,797) (6,804,177)
Proceeds from repayments of mortgage warehouse loans 4,965,022 6,722,732
Net increase (decrease) in loans and leases, excluding mortgage warehouse loans 1,932 (46,969)
Proceeds from sales of loans 0 16,468
Purchase of loans (129,289) 0
Proceeds from bank-owned life insurance 0 529
Net proceeds from (purchases of) FHLB, Federal Reserve Bank, and other restricted stock 9,269 (24,384)
Purchases of bank premises and equipment (141) (268)
Purchases of leased assets under lessor operating leases (7,791) (2,755)
Net Cash Provided By (Used In) Investing Activities (196,297) (883,577)
Cash Flows from Financing Activities    
Net increase in deposits 283,082 242,317
Net increase (decrease) in short-term borrowed funds from the FHLB (222,238) 640,755
Net increase (decrease) in federal funds purchased 201,000 40,000
Preferred stock dividends paid (3,615) (3,615)
Exercise of warrants 0 112
Purchase of treasury stock (571) 0
Payments of employee taxes withheld from share-based awards (894) (587)
Proceeds from issuance of common stock 1,072 344
Net Cash Provided By (Used In) Financing Activities 257,836 919,326
Net Increase (Decrease) in Cash and Cash Equivalents 55,527 69,088
Cash and Cash Equivalents – Beginning 62,135 146,323
Cash and Cash Equivalents – Ending 117,662 215,411
Supplementary Cash Flows Information:    
Interest paid 38,916 29,746
Income taxes paid 1,204 4,174
Non-cash items:    
Transfer of loans to other real estate owned 160 57
Transfer of loans held for sale to held for investment 0 129,691
University relationship intangible purchased not settled $ 0 $ 1,502