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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating Activities    
Net Income $ 41,208 $ 41,965
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Originations of mortgage loans held for sale (475,131) (176,782)
Proceeds from the sale of mortgage loans 460,130 168,394
Gain on sale of mortgage loans, net of origination costs (10,385) (3,928)
Provision for credit losses 12,160 2,647
Depreciation and amortization expense 2,850 2,889
Investment securities amortization and accretion, net 3,115 2,148
Stock-based compensation expense 1,373 1,364
Amortization of core deposit intangible assets 511 529
Purchase accounting accretion, net (924) (1,180)
Net increase in derivative collateral posted (30,250) (26,630)
Increase in other assets (10,088) (1,799)
Decrease in other liabilities (501) (6,767)
Net cash (used in) provided by operating activities (5,932) 2,850
Investing Activities    
Proceeds from sales and maturities of available-for-sale securities 181,489 247,991
Purchase of available-for-sale securities (341,100) (220,696)
Net increase in loans (180,174) (85,817)
Purchase of Federal Home Loan Bank stock (9,231) (4,340)
Proceeds from sale of Federal Home Loan Bank stock 9,535 7,463
Purchase of premises and equipment 2,591 2,378
Recoveries of previously charged-off loans 352 228
Proceeds from the sale of other real estate owned 110 554
Net cash used in investing activities (341,610) (56,995)
Financing Activities    
Net increase in deposits 686,314 153,539
Net (repayments of) proceeds from borrowings less than 90 days (58,754) 2,586
Proceeds from Federal Home Loan Bank long-term advances 25,000 0
Repayments of Federal Home Loan Bank long-term advances 10,000 0
Common stock repurchases (9,140) (17,174)
Exercise of stock options and issuance of restricted stock, net of repurchase for tax withholdings (113) (190)
Cash dividends paid on common stock 14,907 14,004
Finance lease payments (105) (79)
Net cash provided by financing activities 618,295 124,678
Net increase in cash, cash equivalents and restricted cash 270,753 70,533
Cash, cash equivalents, and restricted cash at beginning of period 75,636 66,999
Cash, cash equivalents and restricted cash at end of period 346,389 137,532
Supplemental information    
Interest paid 17,778 31,402
Income taxes paid 10,689 9,785
Transfer from loans and premises to other real estate owned 24 543
Unsettled common stock repurchase $ 235 $ 0