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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash Flows From Operating Activities:    
Net Income $ 107,487 $ 111,959
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 10,146 6,060
Depreciation and amortization 5,653 5,292
Amortization of operating lease right-of-use assets 3,022
Gains on sale of loans (5,874) (4,632)
Securities premium amortization (discount accretion), net 3,966 3,297
Origination of loans held for sale (437,525) (325,109)
Proceeds from sale of loans held for sale 410,454 336,109
Net increase in cash surrender value of BOLI (1,285) (1,073)
Deferred income tax expense (benefit) 3,305 (6,426)
Net gain on sale of investment securities (1,628) (68)
Stock-based compensation expense 6,648 5,174
Net tax benefits from stock compensation 10 108
Decrease (increase) in other assets 7,274 (11,894)
Decrease in other liabilities (19,314) (10,886)
Net cash provided by operating activities 92,339 107,911
Cash Flows From Investing Activities:    
Purchases of available-for-sale investment securities (130,693) (246,501)
Proceeds from maturities of available-for-sale securities 129,879 68,901
Proceeds from sale/call of available-for-sale securities 82,982 31,974
Purchases of Federal Reserve and Federal Home Loan Bank stock (90,219) (47,811)
Proceeds from redemption of Federal Reserve and Federal Home Loan Bank stock 85,000 46,878
Net increase in loans (574,177) (435,773)
Purchase of BOLI 0 (10,000)
Increase in premises and equipment (2,171) (727)
Net cash used in investing activities (499,399) (593,059)
Cash Flows From Financing Activities:    
Increase in deposits 428,228 518,321
Decrease in customer repurchase agreements (116) (40,115)
Increase in short-term borrowings 100,000
Proceeds from exercise of equity compensation plans 332 338
Proceeds from employee stock purchase plan 585 608
Common stock repurchased (33,385) 0
Cash dividends paid (14,926) 0
Net cash provided by financing activities 480,718 479,152
Net Increase (Decrease) In Cash and Cash Equivalents 73,658 (5,996)
Cash and Cash Equivalents at Beginning of Period 321,864 190,473
Cash and Cash Equivalents at End of Period 395,522 184,477
Supplemental Cash Flows Information:    
Interest paid 81,834 53,405
Income taxes paid 43,250 39,900
Non-Cash Investing Activities    
Initial recognition of operating lease right-of-use assets 29,574
Initial recognition of operating lease liabilities 33,535
Transfers from loans to other real estate owned $ 93