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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income $ 48,837 $ 38,450 $ 27,173
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation 2,428 2,022 2,238
Provision for loan losses 3,605 458 5,492
Deferred income taxes (7,263) 5,763 (4,277)
Net amortization of debt securities 3,225 3,256 3,810
Amortization of intangible assets 924 1,089 1,254
Gain on sale of investment securities (86) (23) 0
Mortgage loans originated for sale (157,129) (135,721) (74,135)
Proceeds from mortgage loans sold 154,993 133,552 72,529
Gain on sale of other real estate (1,837) (142) (1,531)
Gain on state tax credits, net (2,647) (2,720) (2,252)
Excess tax benefit of share-based compensation (1,327) (449) (205)
Share-based compensation 3,367 3,601 2,950
Valuation adjustment on other real estate 1 82 696
Net accretion of loan discount and indemnification asset (11,057) (7,805) (9,879)
Changes in:      
Accrued interest receivable (2,718) (443) (653)
Accrued interest payable 476 (214) (114)
Other assets (7,740) 10,375 (205)
Other liabilities 41,943 7,582 49
Net cash provided by operating activities 82,521 47,187 31,494
Cash flows from investing activities:      
Net increase in loans (328,023) (290,326) (240,640)
Net cash proceeds received from FDIC loss share receivable 0 2,275 9,605
Proceeds from the termination of FDIC loss share agreements 0 1,253 0
Proceeds from the sale of debt securities, available for sale 2,493 41,069 0
Proceeds from the paydown or maturity of debt securities, available for sale 63,502 53,733 47,678
Proceeds from the paydown or maturity of debt securities, held to maturity 3,655 2,284 455
Proceeds from the redemption of other investments 52,279 39,929 29,045
Proceeds from the sale of state tax credits held for sale 18,757 16,337 12,814
Proceeds from the sale of other real estate 11,346 7,378 17,259
Payments for the purchase of:      
Available for sale debt securities (81,195) (152,044) (53,664)
Held to maturity debt securities (40,529) 0 0
Other investments (49,645) (36,046) (33,477)
State tax credits held for sale (8,201) (20,981) 0
Fixed assets (2,496) (2,111) (1,901)
Net cash used in investing activities (358,057) (337,250) (212,826)
Cash flows from financing activities:      
Net increase (decrease) in noninterest-bearing deposit accounts 149,296 74,530 (10,756)
Net increase (decrease) in interest-bearing deposit accounts 299,474 218,551 (32,686)
Proceeds from the issuance of subordinated debentures 48,733 0 0
Proceeds from Federal Home Loan Bank advances 1,357,000 945,900 1,227,500
Repayments of Federal Home Loan Bank advances (1,467,000) (979,900) (1,133,500)
Repayments of notes payable 0 (5,700) (4,800)
Net increase in other borrowings 6,654 36,143 30,352
Cash dividends paid on common stock (8,211) (5,259) (4,177)
Excess tax benefit of share-based compensation 1,327 449 205
Payments for the repurchase of common stock (4,889) 0 0
Issuance of common stock 2 2 2
Proceeds from the issuance of equity instruments, net (2,205) (1,192) (681)
Net cash provided by financing activities 380,181 283,524 71,459
Net increase (decrease) in cash and cash equivalents 104,645 (6,539) (109,873)
Cash and cash equivalents, beginning of period 94,157 100,696 210,569
Cash and cash equivalents, end of period 198,802 94,157 100,696
Supplemental disclosures of cash flow information:      
Cash paid during the period for interest 13,253 12,583 14,500
Cash paid during the period for income taxes 26,039 15,763 8,993
Noncash transactions:      
Transfer to other real estate owned in settlement of loans 2,743 8,248 9,869
Sales of other real estate financed 140 0 8,083
Issuance of common stock from Trust Preferred Securities conversion 0 0 5,002
Transfer of securities from available for sale to held to maturity $ 0 $ 0 $ 46,574