CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
Sep. 30, 2019	Sep. 30, 2018
Cash flows from operating activities:
Net income	$ 44,125	$ 43,694
Provision for loan and lease losses	4,219	262
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of premises and equipment	4,628	4,700
Non-cash lease expense	220	0
Cash flows from operating leases	(4,663)	0
Loss on sale of other real estate, net of write-downs	138	431
Amortization of core deposit premium and mortgage servicing rights	1,727	3,419
Net amortization and accretion of premium/discounts on investment securities	6,808	8,465
Share-based compensation expense	1,728	1,841
Net (gain) on sales of investment securities	(36)	0
Net gain on sales of residential mortgage loans	(2,836)	(3,013)
Proceeds from sales of loans held for sale	152,684	183,967
Originations of loans held for sale	(150,217)	(169,078)
Equity in earnings of unconsolidated subsidiaries	(165)	(151)
Distributions from unconsolidated subsidiaries	175	614
Net increase in cash surrender value of bank-owned life insurance	(1,499)	(792)
Deferred income taxes	7,548	12,542
Net tax benefits from share-based compensation	209	185
Net change in other assets and liabilities	(12,309)	(8,266)
Net cash provided by operating activities	52,484	78,820
Cash flows from investing activities:
Proceeds from maturities of and calls on investment securities available-for-sale	194,626	114,508
Proceeds from sales of investment securities available-for-sale	53,935	0
Purchases of investment securities available-for-sale	(54,975)	(85,334)
Proceeds from maturities of and calls on investment securities held-to-maturity	0	38,491
Proceeds from sale of MasterCard stock	2,555	0
Net loan proceeds (originations)	(214,834)	(190,022)
Purchases of loan portfolios	(78,820)	(20,867)
Proceeds from sale of foreclosed loans/other real estate owned	0	46
Net purchases of premises and equipment	(3,438)	(2,536)
Net return of capital from unconsolidated subsidiaries	622	0
Net (purchases of) proceeds from redemption of FHLB stock	(538)	(3,204)
Net cash used in investing activities	(100,867)	(148,918)
Cash flows from financing activities:
Net increase in deposits	91,169	47,326
Repayments of long-term debt	(20,619)	0
Net increase (decrease) in short-term borrowings	8,000	73,000
Cash dividends paid on common stock	(19,189)	(18,039)
Repurchases of common stock and other related costs	(17,966)	(24,763)
Net cash provided by financing activities	41,395	77,524
Net (decrease) increase in cash and cash equivalents	(6,988)	7,426
Cash and cash equivalents at beginning of period	102,186	82,293
Cash and cash equivalents at end of period	95,198	89,719
Cash paid during the period for
Interest	24,735	15,969
Income taxes	17,601	23
Net change in common stock held by directors’ deferred compensation plan	416	504
Net reclassification of loans to foreclosed loans/other real estate owned	190	40
Net transfer of investment securities held-to-maturity to available-for-sale	149,042	0
Right-of-use lease assets obtained in exchange for lease liabilities	$ 55,887	$ 0

The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets, and the amount of impairment loss recognized in the period resulting from the write-down of the carrying amount of a finite-lived intangible asset to fair value.

No definition available.