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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities    
Net income $ 45,648 $ 52,612
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of premises and equipment 3,102 2,333
Provision for loan losses 36,000 7,600
Amortization of intangibles 1,931 1,068
Net accretion of loans (5,225) (3,790)
Accretion on bank premises (68) (65)
Accretion on deposits (3,568) (917)
(Accretion) amortization on borrowings, net (139) 166
Stock-based compensation 1,999 2,143
(Gains) losses on sales of securities available-for-sale, net (29) 280
Gains on equity securities, net (215) (340)
Gains on sales of loans held-for-sale, net (1,244) (343)
Loans originated for resale (34,328) (11,807)
Proceeds from sale of loans held-for sale 51,367 10,552
Loss on extinguishment of debt 1,047
Increase in cash surrender value of bank owned life insurance (3,693) (2,570)
Amortization of premiums and accretion of discounts on securities available-for-sale, net 4,000 3,069
Amortization of subordinated debentures issuance costs 247 246
Increase in accrued interest receivable (10,467) (376)
Net change in operating leases 2,071 1,359
Decrease in other assets 18,117 2,483
Decrease in other liabilities (5,750) (1,396)
Net cash provided by operating activities 99,756 63,354
Cash flows from investing activities    
Purchases (222,062) (203,494)
Sales 19,624 183,728
Maturities, calls and principal repayments 175,729 136,375
Purchases of equity securities (2,000)
Sales of equity securities 569
Net redemptions (purchases) of restricted investment in bank stocks 1,748 3,190
Payments on loans held-for-sale 204
Net increase in loans (348,861) (239,012)
Purchases of bank owned life insurance (25,000) (10,000)
Purchases of premises and equipment (894) (1,336)
Proceeds from life insurance death benefits 978
Proceeds from sale of OREO 992
Cash and cash equivalents acquired in acquisition 111,368 13,741
Cash consideration paid in acquisition (23,977) (2,530)
Net cash used in investing activities (312,151) (118,769)
Cash flows from financing activities    
Net increase in deposits 249,404 243,949
Increase in subordinated debentures 73,420
Advances of borrowings 1,476,489 1,576,000
Repayments of borrowings (1,520,160) (1,728,944)
Repurchase of treasury stock (911) (5,175)
Cash dividends paid on common stock (10,735) (9,037)
Proceeds from exercise of stock options 163 265
Share redemption for tax withholdings on performance units and restricted stock units earned (639)
Net cash provided by financing activities 267,031 77,058
Net change in cash and cash equivalents 54,636 21,643
Cash and cash equivalents at beginning of period 201,483 172,366
Cash and cash equivalents at end of period 256,119 194,009
Cash payments for:    
Interest paid on deposits and borrowings 59,231 67,443
Income taxes 19,117 13,199
Investing:    
Transfer of loans to other real estate owned 907
Transfer of loans from held-for-investment to held-for-sale 10,995 31,647
Transfer of loans from held-for-sale to held-for-investment 19,738
Business combinations:    
Fair value of assets acquired 949,282 534,146
Fair value of liabilities assumed $ 852,729 $ 488,475