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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 income $ 59,486 $ 41,204 $ 46,992
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision (credit) for loan and lease losses (1,124) (2,674) (5,517)
Depreciation and amortization of premises and equipment 6,288 6,441 6,049
Gain on sale of premises and equipment 0 0 (3,537)
Amortization of mortgage servicing rights and core deposit premium 3,865 4,962 7,741
Write down of other real estate, net of gain on sale 431 (192) (251)
Net amortization and accretion of premium/discounts on investment securities 10,907 11,674 12,945
Share-based compensation expense 2,778 1,918 1,333
Net loss on sales of investment securities 279 1,410 0
Net gain on sales of residential mortgage loans (4,085) (4,069) (7,631)
Proceeds from sales of loans held for sale 240,137 319,556 432,331
Origination of loans held for sale (226,363) (299,942) (442,472)
Equity in earnings of unconsolidated subsidiaries (233) (602) (723)
Distributions from unconsolidated subsidiaries 685 0 0
Net increase in cash surrender value of bank-owned life insurance (2,248) (3,940) (3,132)
Deferred income tax expense (benefit) 7,874 32,206 24,427
Net tax benefits from share-based compensation 144 544 0
Net change in other assets and liabilities 4,665 (11,712) 7,930
Net cash provided by operating activities 103,486 96,784 76,485
Cash flows from investing activities:      
Proceeds from maturities of and calls on available-for-sale investment securities 143,876 169,472 204,426
Proceeds from sales of available-for-sale investment securities 10,014 114,536 0
Purchases of available-for-sale investment securities (85,366) (356,887) (195,456)
Proceeds from maturities of and calls on held-to-maturity investment securities 42,722 25,237 30,989
Purchases of held-to-maturity investment securities 0 0 (1,644)
Loan (originations) and payments, net (250,188) (166,051) (239,006)
Purchases of loan portfolios (58,564) (83,784) (76,946)
Proceeds from sales of foreclosed loans and other real estate 46 286 2,850
Proceeds from bank-owned life insurance death benefits 1,101 3,240 1,506
Proceeds from sale of premises and equipment 0 0 4,287
Purchases of premises and equipment (3,225) (6,531) (5,896)
Distributions from unconsolidated subsidiaries 622 658 645
Contributions to unconsolidated subsidiaries (3,297) (114) (5)
Proceeds from redemption (purchases) of FHLB stock (8,884) 3,811 (2,966)
Net cash used in investing activities (211,143) (296,127) (277,216)
Cash flows from financing activities:      
Net increase (decrease) in deposits (9,864) 348,153 174,762
Proceeds from long-term debt 50,000 0 0
Proceeds from long-term debt 20,619 0 0
Net (decrease) increase in FHLB advances and other short-term borrowings 165,000 (103,000) 66,000
Cash dividends paid on common stock (24,143) (21,299) (18,619)
Repurchases of common stock (32,824) (26,559) (18,206)
Net proceeds from issuance of common stock and stock option exercises 0 0 941
Net cash provided by financing activities 127,550 197,295 204,878
Net increase (decrease) in cash and cash equivalents 19,893 (2,048) 4,147
Cash and cash equivalents:      
At beginning of year 82,293 84,341 80,194
At end of year 102,186 82,293 84,341
Cash paid during the year for:      
Interest 23,943 12,717 8,705
Income taxes 23 8,401 0
Cash received during the year for:      
Income taxes 0 0 1,605
Supplemental non-cash disclosures:      
Net change in common stock held by directors' deferred compensation plan 504 385 681
Net reclassification of loans to foreclosed loans and other real estate $ 40 $ 154 $ 1,428