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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating activities:    
Net income $ 23,551 $ 45,787
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of premises and equipment, and amortization 3,193 3,582
Amortization of intangible assets 2,862 2,862
Provision for (reversal of) credit losses 30,089 (1,063)
Amortization of investment securities premium, net 1,054 1,186
Originations of loans for resale (84,872) (46,936)
Proceeds from sale of loans originated for resale 83,867 45,407
Gain on sale of loans (2,627) (987)
Change in market value of mortgage servicing rights 2,494 1,197
Provision for losses on foreclosed assets 106 62
Gain on transfer of loans to foreclosed assets 0 (97)
Gain on sale of foreclosed assets (57) (198)
Operating lease expense payments (2,480) (2,447)
Loss on disposal of fixed assets 15 80
Increase in cash value of life insurance (1,430) (1,521)
Gain on life insurance death benefit 0 (728)
Gain on marketable equity securities (72) (78)
Equity compensation vesting expense 931 815
Change in:    
Interest receivable (1,440) (1,578)
Interest payable (673) 668
Amortization of operating lease ROUA 2,720 2,326
Other assets and liabilities, net 6,474 (14,470)
Net cash from operating activities 63,705 33,869
Investing activities:    
Proceeds from maturities of securities available for sale 60,637 39,845
Proceeds from maturities of securities held to maturity 37,905 31,938
Purchases of securities available for sale (101,899) (37,253)
Loan origination and principal collections, net (493,437) (80,440)
Proceeds from sale of other real estate owned 570 1,082
Proceeds from sale of premises and equipment 0 11
Purchases of premises and equipment (1,266) (2,586)
Net cash used by investing activities (497,490) (47,403)
Financing activities:    
Net change in deposits 881,264 (24,293)
Net change in other borrowings 20,090 (2,547)
Repurchase of common stock, net of option exercises (25,164) 0
Dividends paid (13,208) (11,575)
Exercise of stock options 148 0
Net cash (used by) from financing activities 863,130 (38,415)
Net change in cash and cash equivalents 429,345 (51,949)
Cash and cash equivalents, beginning of period 276,507 227,533
Cash and cash equivalents, end of period 705,852 175,584
Supplemental disclosure of noncash activities:    
Unrealized gain on securities available for sale 5,398 22,263
Market value of shares tendered in-lieu of cash to pay for exercise of options and/or related taxes 494 4,695
Obligations incurred in conjunction with leased assets 4,068 156
Loans transferred to foreclosed assets 0 116
Supplemental disclosure of cash flow activity:    
Cash paid for interest expense 6,487 6,982
Cash paid for income taxes $ 0 $ 22,000