| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 |
|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||
Net Income (Loss) Attributable to Parent | ||||||||
192,736 | 128,259 | 76,512 | 53,540 | 38,786 | 28,978 | 19,800 | 17,377 | 13,700 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||
Depreciation expense | ||||||||
11,783 | 8,391 | 8,196 | 6,763 | 6,270 | 5,285 | 4,322 | 3,524 | 3,302 |
Accretion of income recognized on acquired loans | ||||||||
-46,071 | -13,523 | -7,833 | -4,482 | 2,774 | 5,084 | - | - | - |
Amortization of Intangible Assets | ||||||||
12,880 | 5,739 | 4,639 | 1,964 | 1,555 | 1,281 | 703 | 656 | 567 |
Amortization of premium on securities, net | ||||||||
-2,671 | -3,316 | -3,629 | -2,230 | -1,558 | -2,002 | -145 | 1 | 84 |
Amortization of discount and origination costs on borrowings | ||||||||
633 | 633 | 505 | 241 | 194 | 77 | - | - | - |
Stock based compensation expense | ||||||||
7,808 | 6,062 | 4,688 | 5,431 | 4,314 | 2,914 | 1,469 | 643 | 572 |
Excess tax expense (benefit) on restricted stock vested | ||||||||
-21 | 646 | 1,323 | 0 | 0 | - | - | - | - |
FHLB stock dividends | ||||||||
854 | 791 | 448 | 261 | 43 | 47 | 27 | 17 | -12 |
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | ||||||||
1,549 | 0 | 2,917 | -43 | 0 | 0 | - | 38 | 0 |
Gain (Loss) on Disposition of Business | ||||||||
1,319 | 0 | 0 | - | - | - | - | - | - |
Debt and Equity Securities, Realized Gain (Loss) | ||||||||
275 | -581 | 124 | 4 | 134 | 362 | 0 | -3 | 0 |
Gain (Loss) on Disposition of Property Plant Equipment | ||||||||
-585 | 123 | -21 | 32 | -358 | -22 | -18 | -343 | 21 |
Gain (Loss) on Sale of Loans and Leases | ||||||||
6,779 | 0 | 351 | 0 | 116 | 1,078 | 0 | 0 | - |
Gains (Losses) on Sales of Other Real Estate | ||||||||
875 | 269 | -160 | 57 | 290 | 71 | 1,507 | 1,135 | 918 |
Gain (Loss) On Sale Of Repossessed Assets | ||||||||
0 | 0 | 1,010 | 0 | 0 | - | - | - | - |
Impairment of Real Estate | ||||||||
1,801 | 85 | 1,412 | 106 | 35 | 22 | 549 | 94 | 184 |
Impairment of other assets | ||||||||
1,173 | 0 | 0 | - | - | - | - | - | - |
Deferred tax expense | ||||||||
14,102 | 1,937 | 17,054 | -1,849 | -3,935 | 71 | -2,083 | 0 | 0 |
Provision for Loan and Lease Losses | ||||||||
14,805 | 9,860 | 8,265 | 9,440 | 9,231 | 5,359 | 3,822 | 3,184 | 1,650 |
Bank Owned Life Insurance Income | ||||||||
5,525 | 3,170 | 2,748 | 1,348 | 1,077 | 972 | 348 | 327 | 330 |
Net gain on mortgage loans held for sale | ||||||||
15,133 | 13,794 | 9,160 | 0 | - | - | - | - | - |
Originations of loans held for sale | ||||||||
435,076 | 384,178 | 429,874 | 276,679 | 215,404 | 148,910 | 161,160 | 177,063 | 113,527 |
Proceeds from sale of loans held for sale | ||||||||
447,291 | 404,447 | 422,409 | 279,183 | 208,129 | 147,840 | 166,939 | 170,892 | 113,837 |
Net change in other assets | ||||||||
5,878 | 14,352 | 5,987 | 978 | -5,893 | 4,846 | 2,582 | -95 | 18 |
Net change in other liabilities | ||||||||
-15,636 | 20,277 | -2,920 | 7,026 | -9,032 | 3,107 | 701 | -421 | 891 |
Net cash provided by operating activities | ||||||||
173,319 | 158,741 | 82,795 | 80,277 | 43,518 | 35,588 | 30,761 | 17,809 | 19,793 |
Cash flows from investing activities: | ||||||||
Proceeds from maturities, calls and pay downs of securities available for sale | ||||||||
5,400,634 | 3,660,624 | 2,328,843 | 1,569,462 | 535,141 | 1,483,062 | 282,102 | 245,581 | 207,863 |
Proceeds from Sale of Debt Securities, Available-for-sale | ||||||||
192,417 | 102,647 | 31,367 | 5,399 | 14,915 | 19,260 | 4,067 | 2,078 | 0 |
Purchases of securities available for sale | ||||||||
5,390,543 | 3,674,396 | 2,472,799 | 1,625,416 | 546,294 | 1,430,794 | 309,853 | 256,295 | 247,921 |
Purchases of certificates of deposit held in other banks | ||||||||
5,705 | 0 | 0 | 2,707 | 0 | 0 | - | - | - |
Proceeds from maturities of certificates of deposit held in other banks | ||||||||
1,473 | 11,760 | 747 | 61,746 | 22,781 | 0 | 7,720 | 9,358 | 0 |
Proceeds from surrender of bank owned life insurance contracts | ||||||||
802 | 0 | 0 | - | - | - | - | - | - |
Purchase of bank owned life insurance contracts | ||||||||
0 | 5,000 | 0 | 15,000 | 0 | 0 | 10,000 | 0 | 0 |
Purchases of FHLB stock and other restricted stock | ||||||||
9,397 | 6,144 | 48 | 12,019 | - | - | - | - | - |
Proceeds from redemptions of FHLB stock and other restricted stock | ||||||||
34,863 | 12,606 | 8,958 | 0 | - | - | - | - | - |
Net (purchases) redemptions of FHLB stock | ||||||||
- | - | - | - | 1,552 | -4,033 | 146 | 1,584 | 1,118 |
Proceeds from sale of loans | ||||||||
90,025 | 0 | 3,867 | 0 | 4,765 | 12,147 | 0 | 0 | - |
Net loans originated held for investment | ||||||||
469,023 | 746,804 | 566,881 | 584,316 | 517,846 | 434,282 | 285,181 | 202,371 | 134,893 |
Originations of mortgage warehouse purchase loans | ||||||||
12,835,522 | 5,128,767 | 3,640,235 | 0 | 0 | - | - | - | - |
Proceeds from pay-offs of mortgage warehouse purchase loans | ||||||||
12,318,495 | 5,123,171 | 3,575,863 | 0 | - | - | - | - | - |
Additions to premises and equipment | ||||||||
31,680 | 38,110 | 13,193 | 6,139 | 13,781 | 4,854 | 6,795 | 14,063 | 2,267 |
Proceeds from sale of premises and equipment | ||||||||
2,100 | 14,479 | 16 | 332 | 4,254 | 18 | 442 | 5,095 | 617 |
Proceeds from sale of other real estate owned | ||||||||
8,207 | 3,520 | 9,433 | 1,860 | 2,460 | 3,415 | 17,081 | 8,880 | 5,727 |
Proceeds from sale of repossessed assets | ||||||||
0 | 0 | 1,010 | 0 | 0 | - | - | - | - |
Cash paid for Adriatica note acquired | ||||||||
- | - | - | - | - | - | - | - | 4,062 |
Capitalized additions to other real estate | ||||||||
0 | 0 | 1,030 | 0 | 10 | 28 | 93 | 592 | 524 |
Cash Acquired from Acquisition | ||||||||
39,913 | 44,723 | 148,444 | 0 | 152,913 | 286,596 | 22,792 | 46,230 | 0 |
Payments to Acquire Businesses, Gross | ||||||||
9 | 31,016 | 17,773 | 0 | 24,103 | 60,812 | 18,412 | 46,600 | 0 |
Selling costs paid in connection with branch sale | ||||||||
144 | 0 | 235 | 107 | 0 | 0 | - | - | - |
Net cash transferred in branch sale | ||||||||
25,163 | 0 | 58,687 | 2,399 | 0 | 0 | - | -18,563 | 0 |
Proceeds from sale of trust business | ||||||||
4,269 | 0 | 0 | - | - | - | - | - | - |
Net cash used in investing activities | ||||||||
-673,988 | -656,707 | -662,333 | -609,304 | -366,357 | -122,239 | -296,276 | -222,846 | -176,578 |
Cash flows from financing activities: | ||||||||
Net increase in demand deposits, money market and savings accounts | ||||||||
876,842 | 363,003 | 610,279 | 521,100 | 245,831 | 230,070 | 145,085 | 183,919 | 141,440 |
Net (decrease) increase in time deposits | ||||||||
237,136 | 148,891 | -210,382 | 11,670 | 6,128 | 79,850 | 63,330 | -20,039 | -38,499 |
Proceeds from FHLB advances | ||||||||
1,700,000 | 1,685,000 | 200,000 | 575,000 | 350,000 | 464,000 | 0 | - | - |
Repayments of FHLB advances | ||||||||
1,807,653 | 1,985,667 | 130,079 | 402,579 | 293,916 | 517,079 | 3,117 | - | - |
Net change in FHLB advances | ||||||||
- | - | - | - | - | - | - | 69,810 | 27,018 |
Net change in repurchase agreements | ||||||||
0 | 0 | -9,158 | 8,528 | -7,653 | 279 | 0 | 0 | - |
Proceeds from other borrowings | ||||||||
65,000 | 0 | 29,255 | 43,150 | 0 | 65,000 | 0 | 11,680 | 8,083 |
Repayments of other borrowings | ||||||||
40,500 | 0 | 0 | 5,798 | 1,932 | 0 | 28,787 | 10,958 | 4,859 |
Proceeds from sale of common stock, net | ||||||||
0 | 0 | 26,816 | 19,929 | 0 | 0 | 86,571 | 25,150 | 0 |
Redemption of preferred stock | ||||||||
- | - | - | 23,938 | 0 | 0 | - | - | - |
Repurchase of common stock | ||||||||
51,659 | 0 | 0 | - | - | - | - | 208 | 0 |
Proceeds from exercise of common stock warrants | ||||||||
0 | 2,533 | 55 | 0 | 0 | - | - | - | - |
Offering costs paid in connection with acquired bank | ||||||||
804 | 209 | 942 | 0 | 568 | 566 | 0 | 0 | - |
Dividends paid | ||||||||
43,302 | 15,908 | 10,231 | 6,287 | 5,819 | 3,910 | 6,803 | 8,681 | 6,090 |
Net cash provided by financing activities | ||||||||
935,060 | 197,643 | 505,613 | 740,775 | 292,071 | 317,644 | 256,279 | 250,673 | 127,093 |
Net change in cash and cash equivalents | ||||||||
434,391 | -300,323 | -73,925 | 211,748 | -30,768 | 230,993 | -9,236 | 45,636 | -29,692 |