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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities    
Net income $ 35,171 $ 40,153
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization of premises and equipment 4,213 4,464
Allocation of ESOP stock 608 801
Stock awards 2,479 2,602
Net excess tax benefit on stock compensation 123 (240)
Amortization of servicing asset 21 22
Net premium amortization in excess of discount accretion on securities 1,415 1,638
Net amortization of deferred costs on borrowings 168 108
Amortization of core deposit intangible 3,122 2,020
Net accretion of purchase accounting adjustments (11,291) (7,799)
Net amortization of deferred costs and discounts on loans 506 348
Provision for credit losses 19,618 976
Net gain on sale and write-down of other real estate owned 0 (30)
Write down of fixed assets held for sale to net realizable value 2,258 5,826
Net loss (gain) on sale of fixed assets 6 (5)
Net unrealized gain on equity securities (356) (241)
Net gain on sales of loans (929) (15)
Proceeds from sales of mortgage loans held for sale 55,534 912
Mortgage loans originated for sale (76,855) (897)
Increase in value of Bank Owned Life Insurance (3,096) (2,614)
Net loss on sale of assets held for sale 0 5
Increase in interest and dividends receivable (11,976) (829)
Deferred tax provision 161 380
Decrease (increase) in other assets 186 (19,916)
Increase in other liabilities 60,171 31,797
Total adjustments 46,086 19,313
Net cash provided by operating activities 81,257 59,466
Cash flows from investing activities    
Net (increase) decrease in loans receivable (650,750) 47,377
Proceeds from sale of loans 71,604 2,325
Purchase of loans receivable 0 (101,674)
Purchase of debt investment securities available-for-sale (30,552) (20,006)
Purchase of debt investment securities held-to-maturity (651) (3,577)
Purchase of debt mortgage-backed securities held-to-maturity 9,098 0
Purchase of equity investments (120) (106)
Proceeds from sale of equity investments 889 0
Proceeds from maturities and calls of debt investment securities available-for-sale 31,108 16,624
Proceeds from maturities and calls of debt investment securities held-to-maturity 24,389 13,497
Proceeds from sales of debt investment securities available-for-sale 5,869 0
Principal repayments on debt mortgage-backed securities available-for-sale 185 0
Proceeds from Bank Owned Life Insurance 310 313
Proceeds from the redemption of restricted equity investments 61,727 55,276
Purchases of restricted equity investments (59,448) (57,604)
Proceeds from sales of other real estate owned 323 1,335
Proceeds from sales of assets held for sale 0 412
Purchases of premises and equipment (3,593) (1,660)
Net cash consideration received for acquisition 23,460 59,395
Net cash (used in) provided by investing activities (454,168) 70,474
Cash flows from financing activities    
Increase (decrease) in deposits 1,046,687 (75,767)
(Decrease) increase in short-term borrowings (201,651) 60,326
Proceeds from Federal Home Loan Bank advances 525,000 0
Repayments of Federal Home Loan Bank advances (496,200) (55,992)
Proceeds from Federal Reserve Bank advances 3,778 0
Net proceeds from issuance of subordinated notes 122,717 0
Repayments of other borrowings (53) (171)
(Decrease) increase in advances by borrowers for taxes and insurance (517) 751
Exercise of stock options 878 795
Payment of employee taxes withheld from stock awards (2,051) (2,591)
Purchase of treasury stock (14,814) (7,398)
Net proceeds from the issuance of preferred stock 55,713 0
Dividends paid (20,494) (17,304)
Net cash provided by (used in) financing activities 1,018,993 (97,351)
Net increase in cash and due from banks and restricted cash 646,082 32,589
Supplemental Disclosure of Cash Flow Information    
Cash and due from banks and restricted cash at beginning of period 133,226 122,328
Cash and due from banks at beginning of period 120,544 120,792
Restricted cash at beginning of period 12,682 1,536
Cash and due from banks at end of period 721,049 148,327
Restricted cash at end of period 58,259 6,590
Cash and due from banks and restricted cash at end of period 779,308 154,917
Cash paid during the period for    
Interest 36,080 25,544
Income taxes 2,932 11,266
Accretion of unrealized loss on securities reclassified to held-to-maturity 388 419
Net loan charge-offs 922 1,418
Transfer of premises and equipment to assets held-for-sale 4,043 1,262
Transfer of loans receivable to other real estate owned 106 789
Non-cash assets acquired    
Securities 208,880 103,775
Restricted equity investments 5,334 313
Loans 1,558,480 307,703
Premises and equipment 9,744 3,389
Accrued interest receivable 4,161 1,390
Bank Owned Life Insurance 22,440 10,460
Deferred tax asset (345) 3,844
Other assets 9,268 1,405
Goodwill and other intangible assets, net 140,654 38,835
Total non-cash assets acquired 1,958,616 471,114
Liabilities assumed    
Deposits 1,594,403 449,018
Borrowings 92,618 0
Other liabilities 33,610 5,010
Total liabilities assumed 1,720,631 454,028
Debt Securities    
Cash flows from investing activities    
Principal repayments on debt 647 759
Mortgage-backed Securities Held-to-Maturity    
Cash flows from investing activities    
Principal repayments on debt $ 79,533 $ 57,788