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Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES          
Net income $ 53,763 $ 26,753 $ 97,450 $ 52,706  
Adjustments to reconcile net income to net cash from operating activities:          
Discount accretion, net of depreciation and amortization     13,724 1,970  
Stock-based compensation expense     4,642 3,804  
(Credit) provision for credit losses (7,000) 17,500 (3,700) 45,500  
Provision for unfunded loan commitments 0 50 105 660  
Valuation adjustment of OREO     336 1,837  
Net gains on sales of other loans (2,375) 0 (2,375) 0  
Gain (Loss) On Sale Of Other Financing Receivable (1,028) (1,678) (3,124) (3,533)  
Loss (earnings) on BOLI     337 (711)  
Net change in fair value of derivatives     91 (936)  
Net (gains) losses on sales of OREO (27) 20 (13) 81  
Net change in fair value of equity investments with readily determinable fair value     407 (542)  
Losses on investments in affordable housing partnerships     5,507 5,283  
Capitalized Computer Software, Impairments 2,146 0 2,146 0  
Net change in deferred income taxes     9,145 (6,916)  
Proceeds from sales of loans held for sale     145,987 143,704  
Originations of loans held for sale     (103,746) (104,436)  
Originations of servicing assets     (1,329) (1,136)  
Net change in accrued interest receivable     6,944 (22,087)  
Net change in other assets     (5,574) (59,291)  
Net change in accrued interest payable     (9,760) (7,717)  
Net change in other liabilities     (15,968) 51,516  
Net cash provided by operating activities     141,832 99,756  
CASH FLOWS FROM INVESTING ACTIVITIES          
Purchase of interest bearing deposits in other financial institutions     (747) (11,886)  
Redemption of interest bearing deposits in other financial institutions     11,121 9,810  
Purchase of securities available for sale     (422,653) (356,376)  
Proceeds from matured, called, or paid-down securities available for sale     397,130 222,485  
Proceeds from sale of securities available for sale     0 0  
Proceeds from sale of equity investments     367 0  
Proceeds from sales of other loans held for sale previously classified as held for investment     107,523 1,053  
Purchase of loans receivable     (98,271) 0  
Net change in loans receivable     48,273 (585,285)  
Proceeds from sales of OREO     2,150 1,567  
Purchase of FHLB stock     0 (1,346)  
Redemption of FHLB stock     0 3,503  
Purchase of premises and equipment     (2,673) (3,104)  
Proceeds from BOLI death benefits     576 0  
Investments in affordable housing partnerships     (2,854) (8,403)  
Net cash provided by (used in) investing activities     39,942 (727,982)  
CASH FLOWS FROM FINANCING ACTIVITIES          
Net change in deposits     392,318 1,596,168  
Proceeds from FHLB advances     1,440,000 910,000  
Repayment of FHLB advances     (1,490,000) (1,035,000)  
Purchase of treasury stock     0 (36,777)  
Cash dividends paid on common stock     (34,557) (34,670)  
Taxes paid in net settlement of restricted stock     (3,157) (1,113)  
Net cash provided by financing activities     304,604 1,398,608  
NET CHANGE IN CASH AND CASH EQUIVALENTS     486,378 770,382  
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD     350,579 698,567 $ 698,567
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 836,957 $ 1,468,949 836,957 1,468,949 $ 350,579
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION          
Interest paid     38,048 87,445  
Income taxes paid     35,953 1,777  
SUPPLEMENTAL DISCLOSURES OF NON-CASH ACTIVITIES          
Transfer from loans receivable to OREO     0 979  
Transfer from loans receivable to loans held for sale     180,835 1,002  
Transfer from loans held for sale to loans receivable     0 2,384  
Financing Receivable, Accrued Interest, Allowance For Credit Loss     $ 600 $ 0