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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES (net of acquisition)      
Net income $ 189,589 $ 139,445 $ 113,747
Adjustments to reconcile net income to net cash from operating activities:      
Discount accretion, net amortization and depreciation (2,128) (14,903) (1,569)
Stock-based compensation expense 3,659 3,161 2,967
Provision for loan losses 14,900 17,360 9,000
(Credit) provision for unfunded loan commitments (100) (2,358) 179
Valuation adjustment of premises held for sale 0 1,084 0
Valuation adjustment of OREO 415 2,041 2,228
Impairment of investments in affordable housing partnership 0 4,846 0
Net gains on sales of SBA and other loans (12,193) (15,701) (11,670)
Earnings on BOLI (304) (1,219) (1,438)
Net change in fair value of derivatives 21 78 443
Net (gains) losses on sale and disposal of premises and equipment 50 (868) 176
Net (gains) losses on sales of OREO (408) (79) 16
Net gains on sales or called securities available for sale 0 (301) (950)
Gain (Loss) on Investments (1,449) 0 0
Losses on investments in affordable housing partnership 11,728 10,266 4,100
Net change in deferred income taxes 2,742 34,740 5,750
Proceeds from sales of loans held for sale 266,115 310,345 239,203
Originations of loans held for sale (255,545) (276,537) (219,779)
Origination of servicing assets (6,157) (5,492) (4,472)
Change in accrued interest receivable (2,246) (3,099) (2,459)
Change in other assets (6,138) (1,987) 16,418
Change in accrued interest payable 15,413 5,098 2,247
Change in other liabilities 1,983 (1,999) (23,532)
Net cash provided by operating activities 219,947 203,921 130,605
CASH FLOWS FROM INVESTING ACTIVITIES (net of acquisition)      
Net cash received from acquisition - Wilshire Bancorp, Inc. 0 0 100,127
Purchase of interest bearing deposits in other financial institutions and other investments (10,533) (30,477) (2,962)
Redemption of interest bearing deposits in other financial institutions and other investments 16,495 21,313 13,465
Purchase of securities available for sale (393,584) (572,528) (553,336)
Proceeds from matured, called, or paid-down securities available for sale 221,595 264,730 238,605
Proceeds from sales of securities available for sale 0 128,791 217,079
Payments to Acquire Investments (1,434) 0 0
Proceeds from sales of other loans 21,716 417 634
Net change in loans receivable (983,720) (564,536) (487,961)
Proceeds from sales of OREO 6,667 14,802 17,390
Purchase of FHLB stock 0 (8,573) (97)
Redemption of FHLB stock 4,315 761 13,636
Purchase of premises and equipment (6,846) (14,777) (14,320)
Proceeds from sales and disposals of premises and equipment 45 5,084 0
Investments in affordable housing partnerships (22,181) (12,342) (5,616)
Net cash used in investing activities (1,147,465) (767,335) (463,356)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net change in deposits 1,309,048 209,477 494,549
Proceeds from FHLB advances 130,000 1,420,000 825,000
Repayment of FHLB advances and prepayment fees (465,000) (1,015,000) (806,610)
Proceeds from federal funds purchased 0 69,900 0
Repayment of federal funds purchased (69,900) 0 0
Proceeds from convertible notes, net of issuance fees 212,920 0 0
Payments for Repurchase of Common Stock (150,000) 0 0
Cash dividends paid on common stock (71,631) (67,661) (42,493)
Issuance of additional stock pursuant to various stock plans 469 1,865 1,171
Tax effects of issuance of shares from various stock plans 0 0 79
Taxes paid in net settlement of restricted stock (782) (501) 0
Net cash provided by financing activities 895,124 618,080 471,696
NET CHANGE IN CASH AND CASH EQUIVALENTS (32,394) 54,666 138,945
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 492,000 437,334 298,389
CASH AND CASH EQUIVALENTS, END OF YEAR 459,606 492,000 437,334
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION      
Interest paid 144,128 91,081 62,624
Income taxes paid 57,862 104,158 65,726
SUPPLEMENTAL DISCLOSURES OF NON-CASH ACTIVITIES      
Transfer of Investment From Available-for-Sale to Equity Method 46,952 0 0
Transfer from loans receivable to OREO 3,300    
Transfer from loans receivable to OREO 3,340 7,173 5,646
Loans transferred to held for sale from loans receivable 21,581 429 11,885
Loans transferred to loans receivable from held for sale 10,073 4,100 9,163
Transfer from premises and equipment to premises held for sale 0 3,300 0
Loans to facilitate sale of premises 0 1,350 0
Loans to facilitate sale of OREO 0 2,300 0
New commitments to fund affordable housing partnership investments 30,097 26,400 1,327
Equity component of convertible notes, net of tax 15,045 0 0
Assets acquired from Wilshire 0 0 4,627,604
Liabilities assumed from Wilshire 0 0 4,130,342
Common stock issued in consideration for Wilshire (in shares) $ 0 $ 0 $ 55,493,726