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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net income $ 68,331 $ 27,502
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 3,044 3,048
Provision (benefit) for credit losses (2,623) 41,855
Deferred income taxes 4,025 (4,937)
Net amortization of debt securities 3,926 2,756
Amortization of intangible assets 2,726 2,880
Gain (Loss) on Sale of Debt Investments 0 (4)
Mortgage loans originated-for-sale (87,299) (94,536)
Proceeds from mortgage loans sold 94,327 84,799
Sale of other real estate (596) 5
Sale of state tax credits (96) (211)
Share-based Payment Arrangement, Noncash Expense 2,783 2,029
Net accretion of loan discount (1,386) (4,049)
Changes in other assets and liabilities, net    
Increase (Decrease) in Other Operating Assets and Liabilities, Net (22,167) (2,277)
Net cash provided by operating activities 64,995 58,860
Cash flows from investing activities:    
Net increase in loans (9,370) (815,437)
Sale of debt securities, available-for-sale 0 207
Paydown or maturity of debt securities, available-for-sale 131,948 140,218
Paydown or maturity of debt securities, held-to-maturity 32,698 8,711
Redemption of other investments 2,213 25,978
Sale of state tax credits held for sale 4,262 1,924
Sale of other real estate 5,542 609
Settlement of bank-owned life insurance policies 0 974
Payments for the purchase of:    
Available-for-sale debt securities (316,743) (152,082)
Other investments (4,729) (38,527)
State tax credits held for sale (3,285) (3,730)
Fixed assets, net (847) (1,532)
Net cash used in investing activities (158,311) (832,687)
Cash flows from financing activities:    
Net increase in noninterest-bearing deposit accounts 399,753 638,520
Net increase in interest-bearing deposit accounts 254,362 290,036
Proceeds from FHLB advances, net 0 27,700
Repayments of Long-term Debt (4,286) (2,857)
Proceeds from issuance of subordinated debentures, net 0 61,953
Net decrease in other borrowings (62,285) (34,355)
Cash dividends paid on common stock (11,261) (9,458)
Payments for Repurchase of Common Stock (11,833) (15,347)
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture 154 (894)
Net cash provided by financing activities 564,604 955,298
Net increase in cash and cash equivalents 471,288 181,471
Cash and cash equivalents, beginning of period 537,703 167,256
Cash and cash equivalents, end of period 1,008,991 348,727
Noncash transactions:    
Cash paid during the period for interest 11,897 20,574
Income Taxes Paid, Net 34,571 30
Transfer to other real estate owned in settlement of loans 3,227 0
Sales of other real estate financed 228 48
Right-of-use assets obtained in exchange for lease obligations 0 200
Transfer to Investments $ 0 $ 163,592