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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net income $ 25,248 $ 15,460
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 5,575 5,095
Net amortization of securities 743 626
Change in unamortized net loan costs and premiums 577 1,227
Premises and equipment depreciation and amortization expense 2,556 2,467
Stock-based compensation expense 1,382 1,202
Accretion of purchase accounting entries, net (3,838) (4,597)
Amortization of other intangibles 1,268 801
Income from cash surrender value of bank-owned life insurance policies (1,158) (967)
Securities losses (gains), net 1,502 (12,570)
Originations of loans held for sale (479,692) (429,181)
Proceeds from sale of loans held for sale 545,019 472,791
Net gain on sale of loans and other mortgage banking income (10,147) (12,678)
Loss on disposition of assets 0 662
Loss on sale of real estate 0 13
Amortization of interest in tax-advantaged projects 506 1,329
Net change in other (3,908) 6,965
Net cash provided by operating activities 85,633 48,645
Cash flows from investing activities:    
Net decrease in trading security 165 157
Proceeds from sales of securities available for sale 0 26,085
Proceeds from maturities, calls, and prepayments of securities available for sale 44,069 44,794
Purchases of securities available for sale and other (116,423) (151,731)
Purchases of marketable equity securities (12,688) 0
Proceeds from sales of marketable equity securities 26,096 0
Proceeds from maturities, calls, and prepayments of securities held to maturity 2,885 3,791
Purchases of securities held to maturity (1,618) (1,037)
Net change in loans (149,774) (82,329)
Proceeds from surrender of bank-owned life insurance 0 310
Proceeds from sale of Federal Home Loan Bank stock 16,661 1,636
Purchase of Federal Home Loan Bank stock (17,614) (6,931)
Net investment in limited partnership tax credits 0 (354)
Purchase of premises and equipment, net (4,376) (5,070)
Payment to terminate cash flow hedges 0 6,573
Proceeds from sale of other real estate 0 102
Net cash (used) by investing activities (212,617) (164,004)
Cash flows from financing activities:    
Net (decrease) increase in deposits (65,870) 34,757
Proceeds from Federal Home Loan Bank advances and other borrowings 1,235,892 2,291,600
Repayments of Federal Home Loan Bank advances and other borrowings (1,157,778) (2,221,603)
Exercise of stock options 76 81
Common and preferred stock cash dividends paid (10,212) (7,506)
Acquisition contingent consideration paid 0 (1,700)
Net cash provided by financing activities 2,108 95,629
Net change in cash and cash equivalents (124,876) (19,732)
Cash and cash equivalents at beginning of period 248,763 113,075
Cash and cash equivalents at end of period 123,887 93,343
Supplemental cash flow information:    
Interest paid on deposits 15,345 9,253
Interest paid on borrowed funds 6,725 5,084
Income taxes paid (refund), net 1,065 (3,685)
Other non-cash changes:    
Other net comprehensive income (14,231) (1,908)
Real estate owned acquired in settlement of loans $ 0 $ 35