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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash Flows From Operating Activities    
Net income $ 57,479 $ 34,532
Reconciliation of net income to net cash provided by operating activities:    
Total provision for credit losses 1,939 24,888
Net security premium amortization 6,342 1,605
Loan discount accretion (4,972) (3,234)
Other purchase accounting accretion and amortization, net 61 32
Foreclosed property (gains) losses and write-downs, net (16) 194
Gains on securities available for sale 0 (8,024)
Other (gains) losses (1,483) 113
Increase in net deferred loan fees 1,084 8,789
Bank-owned life insurance income (1,234) (1,271)
Depreciation of premises and equipment 2,928 2,963
Amortization of operating lease right-of-use assets 808 1,010
Repayments of lease obligations (697) (920)
Stock-based compensation expense 1,228 1,408
Amortization of intangible assets 1,742 2,033
Amortization of SBA servicing assets 1,014 1,416
Fees/gains from sale of presold mortgages and SBA loans (12,144) (7,473)
Origination of presold mortgage loans in process of settlement (170,132) (170,961)
Proceeds from sales of presold mortgage loans in process of settlement 204,588 165,223
Origination of SBA loans for sale (60,135) (58,396)
Proceeds from sales of SBA loans 55,380 45,306
Increase in accrued interest receivable (85) (3,295)
Decrease (increase) in other assets 2,467 (6,935)
Increase in net deferred income tax asset (44) (7,661)
Decrease in accrued interest payable (194) (629)
(Decrease) increase in other liabilities (4,826) 23,784
Net cash provided by operating activities 81,098 44,497
Cash Flows From Investing Activities    
Purchases of securities available for sale (857,070) (252,256)
Purchases of securities held to maturity (133,916) (50,272)
Proceeds from maturities/issuer calls of securities available for sale 169,819 91,976
Proceeds from maturities/issuer calls of securities held to maturity 8,718 22,907
Proceeds from sales of securities available for sale 0 219,697
Redemptions of FRB and FHLB stock, net 1,836 7,754
Net increase in loans (40,288) (311,493)
Proceeds from sales of foreclosed properties 2,462 1,354
Purchases of premises and equipment (6,317) (4,428)
Proceeds from sales of premises and equipment 218 192
Net cash paid from sale of insurance operations (555) 0
Net cash used by investing activities (855,093) (274,569)
Cash Flows From Financing Activities    
Net increase in deposits 897,789 899,841
Net decrease in short-term borrowings 0 (98,000)
Proceeds from long-term borrowings 0 150,000
Payments on long-term borrowings (665) (240,562)
Cash dividends paid – common stock (10,833) (10,563)
Repurchases of common stock (4,036) (22,432)
Payment of taxes related to stock withheld (324) 0
Net cash provided by financing activities 881,931 678,284
Increase in cash and cash equivalents 107,936 448,212
Cash and cash equivalents, beginning of period 367,290 231,302
Cash and cash equivalents, end of period 475,226 679,514
Supplemental Disclosures of Cash Flow Information:    
Cash paid during the period for interest 5,345 12,919
Cash paid during the period for income taxes 16,326 1,110
Non-cash: Unrealized (loss) gain on securities available for sale, net of taxes (15,334) 18,128
Non-cash: Foreclosed loans transferred to other real estate 848 662
Non-cash: Initial recognition of operating lease right-of-use assets and operating lease liabilities 444 0
Non-cash: Receivable recorded related to sale of insurance operations 12,955 0
Non-cash: Derecognition of intangible assets related to sale of insurance operations $ (10,229) $ 0