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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities    
Net income $ 19,563 $ 21,250
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of premises and equipment 1,548 1,298
Provision for loan losses 2,550 6,750
Increase in valuation allowance 12,325
Amortization of intangibles 386 434
Net accretion of loans (846) (2,449)
Accretion on bank premises (41) (63)
Accretion on deposits (12) (132)
Accretion on borrowings (107) (173)
Stock-based compensation 852 1,105
Gains on sales of investment securities, net (1,596) (103)
Gains on sales of loans held-for-sale, net (70) (92)
Gains on sales of fixed assets, net (8)
Loans originated for resale (3,891) (2,797)
Proceeds from sale of loans held-for-sale 8,979 2,529
Net loss (gain) on sale of other real estate owned 82 (210)
Increase in cash surrender value of bank-owned life insurance (1,417) (1,228)
Amortization of premiums and accretion of discounts on investments securities, net 1,078 770
Increase in accrued interest receivable (229) (181)
Decrease (increase) in other assets 4,869 (6,988)
Increase in other liabilities 4,026 4,734
Net cash provided by operating activities 48,041 24,454
Investment securities available-for-sale:    
Purchases (117,857) (68,155)
Sales 29,543 6,573
Maturities, calls and principal repayments 39,313 50,758
Investment securities held-to-maturity:    
Purchases (1,000)
Maturities and principal repayments 9,972
Net (purchases) redemptions of restricted investment in bank stocks (7,842) 7,402
Payments on loans held-for-sale 2,379
Net increase in loans (278,208) (275,305)
Proceeds from sales of fixed assets 8
Purchases of premises and equipment (1,062) (1,379)
Proceeds from sale of other real estate owned 544 1,312
Net cash used in investing activities (333,182) (269,822)
Cash flows from financing activities    
Net increase in deposits 86,114 410,159
Advances of Federal Home Loan Bank ("FHLB") borrowings 425,000 375,000
Repayments of FHLB borrowings (260,000) (550,000)
Repayment of repurchase agreement (15,000)
Cash dividends paid on common stock (4,802) (4,533)
Cash dividends paid on preferred stock (22)
Common stock issuance costs (180)  
Redemption of preferred stock (11,250)
Proceeds from exercise of stock options 118 232
Net cash provided by financing activities 231,250 219,586
Net change in cash and cash equivalents (53,891) (25,782)
Cash and cash equivalents at beginning of period 200,399 200,895
Cash and cash equivalents at end of period 146,508 175,113
Cash payments for:    
Interest paid on deposits and borrowings 14,643 14,620
Income taxes 3,065 14,685
Supplemental disclosures of noncash investing activities    
Transfer of loans to other real estate owned 580 583
Transfer of loans held-for-sale to loans held-for-maturity $ 7,159