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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income $ 23,470 $ 16,917
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of deferred loan origination fees and fair value premiums on acquired loans 809 1,118
Amortization of investment securities premiums, net of accretion of discounts 1,113 1,614
Amortization of core deposit and customer relationship intangibles 292 330
Net change in operating leases 10 0
Depreciation and amortization of premises and equipment 2,095 2,277
Deferred income tax expense, net 1,344 586
Provision for loan losses, net 12,249 15,460
Stock-based compensation 447 291
Stock-based compensation excess tax benefit recognized in income 0 (127)
(Gain) loss on:    
Sale of loans (167) (87)
Foreclosed real estate and other repossessed assets 1,137 1,284
Sale of other repossesed assets 39 217
Originations of loans held-for-sale (18,282) (23,292)
Proceeds from sale of loans held-for-sale 5,923 5,945
Net (increase) decrease in:    
Trading securities (21) (102)
Accrued interest receivable 1,102 14,828
Servicing assets 93 (712)
Other assets 6,703 10,448
Net (decrease) in:    
Accrued interest on deposits and borrowings (991) (359)
Accrued expenses and other liabilities (16,687) (11,235)
Net cash provided by operating activities 20,678 35,401
Purchases of:    
Investment securities available-for-sale (207) (173,162)
FHLB stock (1,101) (35,775)
Maturities and redemptions of:    
Investment securities available-for-sale 44,758 23,408
Investments securities held-to-maturity 0 19,844
FHLB Stock 945 38,271
Proceeds from sale of:    
Foreclosed real estate and other repossessed assets, including write-offs 11,948 (619)
Origination and purchase of loans, excluding loans held-for-sale (258,082) (286,129)
Principal repayment of loans 254,992 197,622
Additions to premises and equipment (2,220) (1,580)
Net cash (used in) provided by investing activities 51,033 (218,120)
Net increase (decrease) in:    
Deposits 12,850 40,198
Securities sold under agreements to repurchase (23,766) 81,000
FHLB advances, federal funds purchased, and other borrowings 2,547 (55,221)
Restricted units lapsed 437 0
Dividends paid on preferred stock (1,229) (3,465)
Dividends paid on common stock (3,590) (2,638)
Net cash provided by (used in) financing activities (12,751) 59,874
Net change in cash, cash equivalents and restricted cash 58,960 (122,845)
Cash, cash equivalents and restricted cash at beginning of period 450,063 488,233
Cash, cash equivalents and restricted cash at end of period 509,023 365,388
Supplemental Cash Flow Disclosure and Schedule of Non-cash Activities:    
Total cash, cash equivalents, restricted cash and restricted cash equivalents at period end 450,063 488,233
Interest paid net 13,513 9,103
Operating lease liabilities paid 1,519 0
Mortgage loans securitized into mortgage-backed securities 15,163 17,954
Transfer from held-to-maturity securities to available-for-sale securities 424,740 0
Transfer from loans to foreclosed real estate and other repossessed assets 10,995 11,179
Reclassification of loans held-for-sale portfolio to held-for-investment portfolio 49 1,247
Financed sales of foreclosed real estate 186 369
Loans booked under the GNMA buy-back option 12,942 12,515
Initial recognition of operating lease right-of-use assets 21,930 0
Initial recognition of operating lease liabilities $ 23,689 $ 0