| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||
Net Income (Loss) Attributable to Parent | |||||||||||
387,000 | 373,000 | 199,000 | 171,000 | 159,649 | 144,050 | 117,804 | 110,410 | 87,047 | 74,652 | 41,111 | 35,595 |
Adjustments to reconcile net income to net cash flows provided by operating activities: | |||||||||||
Depreciation, amortization and accretion | |||||||||||
45,000 | 109,000 | 89,000 | 61,000 | 43,949 | 40,119 | 30,768 | 31,827 | 22,427 | 27,259 | 25,858 | 20,970 |
Provision for credit losses | |||||||||||
44,000 | 61,000 | 61,000 | 56,000 | 40,441 | 38,648 | 31,090 | 31,302 | 33,641 | 47,323 | 66,802 | 72,371 |
Deferred tax expense | |||||||||||
33,000 | 33,000 | 129,000 | 15,000 | 550 | 44,113 | -15,291 | -29,251 | -7,063 | 50 | 9,463 | -10,998 |
Debt and Equity Securities, Gain (Loss) | |||||||||||
0 | 0 | 6,000 | 1,000 | 822 | 11,717 | 808 | 305 | 3,652 | 2,960 | 528 | 834 |
Other-than-temporary impairment losses on securities | |||||||||||
- | - | - | - | - | - | 27 | 212 | 66 | 2,339 | 7,893 | 17,189 |
Tax benefit of stock-based compensation | |||||||||||
- | - | - | 2,000 | 28 | 2,714 | 1,326 | 386 | -61 | -199 | -158 | 857 |
Loans originated for sale | |||||||||||
1,481,000 | 1,117,000 | 1,098,000 | 713,000 | 445,558 | 162,010 | 219,324 | 255,064 | 166,104 | - | - | - |
Loans sold | |||||||||||
1,495,000 | 1,210,000 | 1,047,000 | 717,000 | 455,623 | 168,533 | 243,782 | 245,474 | 167,298 | - | - | - |
Net gain on sale of loans | |||||||||||
25,000 | 22,000 | 17,000 | 11,000 | 8,666 | 5,565 | 3,845 | 3,887 | 2,768 | - | - | - |
Net change in: | |||||||||||
Interest receivable | |||||||||||
8,000 | 6,000 | 18,000 | 5,000 | 4,688 | 2,211 | 1,675 | 1,569 | -1,416 | -1,874 | -2,619 | -4,171 |
Interest payable | |||||||||||
1,000 | 7,000 | 2,000 | 0 | 760 | -875 | -2,173 | -3,925 | -1,602 | -2,085 | -3,782 | -320 |
Securities classified as trading in business combination and sold | |||||||||||
- | - | - | - | - | -241,595 | -125,800 | -331,972 | -110,490 | - | - | -264,416 |
Bank owned life insurance, excluding purchases | |||||||||||
7,000 | 10,000 | 11,000 | 5,000 | 6,397 | 10,401 | 3,598 | 6,130 | 842 | 2,929 | 1,395 | 4,648 |
Residential mortgage loans held for sale | |||||||||||
- | - | - | - | - | - | - | - | - | -54 | 2,046 | 5,071 |
Other, net | |||||||||||
225,000 | 27,000 | 98,000 | -10,000 | 11,333 | 34,746 | -14,280 | -34,848 | -34,989 | -17,147 | 11,421 | 15,047 |
Net cash flows (used in) provided by operating activities | |||||||||||
259,000 | 611,000 | 279,000 | 293,000 | 223,480 | 446,819 | 346,093 | 544,030 | 289,530 | 162,823 | 115,806 | 376,937 |
Investing Activities | |||||||||||
Net change in loans and leases, excluding sales | |||||||||||
1,427,000 | 1,394,000 | 1,100,000 | 816,000 | 985,999 | 1,192,618 | 643,568 | 409,590 | 412,462 | 312,564 | 119,902 | 271,604 |
Debt securities available for sale: | |||||||||||
Purchases | |||||||||||
655,000 | 1,200,000 | 1,142,000 | 1,066,000 | 421,901 | 829,800 | 375,222 | 924,747 | 429,831 | 433,809 | 529,780 | 345,885 |
Proceeds from Sale of Available-for-sale Securities | |||||||||||
0 | 0 | 787,000 | 615,000 | 33,499 | 175,872 | 22,047 | 87,101 | 101,973 | 60,165 | 812 | 2,521 |
Maturities | |||||||||||
770,000 | 592,000 | 570,000 | 544,000 | 284,483 | 303,875 | 345,528 | 450,064 | 431,219 | 353,115 | 289,996 | 221,255 |
Purchases | |||||||||||
494,000 | 387,000 | 1,186,000 | 1,063,000 | 465,597 | 475,579 | 373,136 | 526,252 | 243,461 | 434,393 | 179,898 | 302,794 |
Sales | |||||||||||
0 | 0 | 57,000 | 0 | 0 | 4,570 | 17,428 | 2,903 | - | 7,644 | - | - |
Maturities | |||||||||||
468,000 | 370,000 | 395,000 | 357,000 | 277,967 | 213,730 | 285,765 | 340,401 | 262,307 | 258,718 | 247,352 | 149,762 |
Purchase of bank owned life insurance | |||||||||||
0 | 0 | 50,000 | 17,000 | 72,688 | 16 | 10,016 | 25,032 | 34 | 35 | 16 | - |
Withdrawal/surrender of bank owned life insurance | |||||||||||
- | - | - | - | 72,664 | 21,968 | - | 20,891 | - | 360 | 13,700 | - |
Increase in premises and equipment | |||||||||||
46,000 | 35,000 | 57,000 | 60,000 | 9,723 | 20,238 | 14,882 | 12,780 | 17,115 | 9,810 | 7,997 | 14,194 |
Net cash received in business combinations and divestitures | |||||||||||
0 | -134,000 | -197,000 | 246,000 | 144,629 | -59,980 | -141,637 | -203,538 | -23,374 | - | -48 | -64,035 |
Loans sold, not originated for sale | |||||||||||
262,000 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Other, net | |||||||||||
9,000 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Net cash flows used in investing activities | |||||||||||
-1,131,000 | -1,920,000 | -1,529,000 | -1,260,000 | -1,142,666 | -1,738,256 | -604,419 | -793,503 | -284,030 | -510,609 | -285,685 | -496,904 |
Financing Activities | |||||||||||
Demand (non-interest bearing and interest bearing) and savings accounts | |||||||||||
1,873,000 | 406,000 | 406,000 | 934,000 | 1,259,765 | 652,808 | 458,153 | 614,100 | 298,833 | 341,867 | 439,040 | 162,097 |
Time deposits | |||||||||||
-539,000 | 653,000 | 757,000 | -120,000 | -166,283 | -292,026 | -312,242 | -337,822 | -196,520 | -75,946 | -113,441 | -50,299 |
Short-term borrowings | |||||||||||
-913,000 | 450,000 | 379,000 | 252,000 | 7,238 | 789,318 | 143,703 | 218,904 | 72,580 | 84,436 | 72,905 | 118,658 |
Proceeds from issuance of long-term borrowings | |||||||||||
954,000 | 37,000 | 155,000 | 46,000 | 134,953 | 385,656 | 92,583 | 40,315 | 52,827 | 125,884 | 39,328 | 121,630 |
Repayment of long-term borrowings | |||||||||||
239,000 | 77,000 | 199,000 | 173,000 | 34,968 | 96,906 | 247,988 | 197,568 | 166,144 | 258,703 | 204,701 | 120,746 |
Decrease in junior subordinated debt | |||||||||||
- | - | - | - | - | - | - | - | - | - | -675 | -506 |
Net proceeds from issuance of preferred stock | |||||||||||
- | - | - | - | - | - | 106,882 | - | - | - | - | - |
Issuance of preferred stock and common stock warrant | |||||||||||
- | - | - | - | - | - | - | - | - | - | 99,749 | - |
Redemption of preferred stock | |||||||||||
- | - | - | - | - | - | - | - | - | - | 100,000 | - |
Net proceeds from issuance of common stock | |||||||||||
12,000 | 14,000 | 11,000 | 18,000 | 12,731 | 12,857 | 62,092 | 8,895 | 71,053 | 6,723 | 128,554 | 8,045 |
Tax benefit of stock-based compensation | |||||||||||
- | - | - | 2,000 | 28 | 2,714 | 1,326 | 386 | -61 | -199 | -158 | 857 |
Dividends [Abstract] | |||||||||||
Preferred stock | |||||||||||
8,000 | 8,000 | 8,000 | 8,000 | 8,041 | 8,352 | - | - | - | - | - | - |
Common stock | |||||||||||
157,000 | 157,000 | 143,000 | 102,000 | 84,511 | 81,220 | 71,246 | 67,646 | 60,686 | 55,255 | 52,375 | 78,283 |
Net cash flows provided by financing activities | |||||||||||
983,000 | 1,318,000 | 1,358,000 | 849,000 | 1,120,912 | 1,364,849 | 233,263 | 279,564 | 71,882 | 168,807 | 308,226 | 161,453 |
Net (Decrease) Increase in Cash and Cash Equivalents | |||||||||||
111,000 | 9,000 | 108,000 | -118,000 | 201,726 | 73,412 | -25,063 | 30,091 | 77,382 | -178,979 | 138,347 | 41,486 |