| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 | Dec'14 | Sep'14 | Jun'14 | Mar'14 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||||||||||||||
Net income (loss) | ||||||||||||||||||||||||
39,306 | 58,544 | 59,920 | 54,773 | 54,428 | 51,708 | 39,928 | 40,540 | 37,815 | 36,220 | 36,176 | 31,201 | 26,167 | 20,700 | 18,948 | 20,069 | 20,095 | 29,133 | 27,431 | 31,777 | 30,106 | 19,789 | 0 | 0 | 0 |
Adjustments to reconcile net income to net cash provided by (used in) operating activities: | ||||||||||||||||||||||||
Depreciation | ||||||||||||||||||||||||
8,406 | 8,135 | 7,860 | 7,302 | 6,465 | 5,720 | 4,989 | 4,511 | 4,259 | 4,001 | 3,804 | 3,580 | 3,203 | 2,817 | 2,440 | 2,236 | 2,187 | 2,143 | 2,148 | 2,081 | 2,010 | 1,946 | 0 | 0 | 0 |
Net accretion on loans | ||||||||||||||||||||||||
6,145 | 5,568 | 5,425 | 5,536 | 7,876 | 8,296 | 8,581 | 8,720 | 7,968 | 7,071 | 8,023 | 7,994 | 7,372 | 7,482 | 5,856 | 5,661 | 4,924 | 4,928 | 5,584 | 5,932 | 7,010 | 8,992 | 0 | 0 | 0 |
Amortization of subordinated notes issuance costs | ||||||||||||||||||||||||
109 | 116 | 107 | 105 | 103 | 101 | 99 | 98 | 96 | 94 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Amortization of junior subordinated debentures | ||||||||||||||||||||||||
489 | 483 | 477 | 471 | 466 | 460 | 449 | 436 | 424 | 413 | 407 | 392 | 358 | 325 | 292 | 270 | 267 | 264 | 261 | 257 | 254 | 252 | 0 | 0 | 0 |
Net amortization on securities | ||||||||||||||||||||||||
48 | -205 | -542 | -692 | -790 | -947 | -454 | -278 | -325 | -638 | -1,866 | -2,796 | -2,753 | -2,285 | -1,374 | -615 | -606 | -590 | -686 | -1,167 | -1,100 | -1,010 | 0 | 0 | 0 |
Amortization of intangible assets | ||||||||||||||||||||||||
8,807 | 9,131 | 9,415 | 9,251 | 8,265 | 6,980 | 6,851 | 5,657 | 5,207 | 5,201 | 4,022 | 4,110 | 3,916 | 3,782 | 3,793 | 4,014 | 4,192 | 3,979 | 3,565 | 3,131 | 2,961 | 2,923 | 0 | 0 | 0 |
Deferred taxes | ||||||||||||||||||||||||
459 | 3,931 | 1,072 | 562 | 658 | 708 | 7,088 | 7,225 | 7,580 | 10,164 | 6,719 | 5,479 | 5,043 | 1,887 | -167 | -49 | -355 | -280 | 0 | 0 | 0 | - | - | - | 0 |
Credit loss expense | ||||||||||||||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Provision for loan losses | ||||||||||||||||||||||||
- | - | - | - | - | 16,167 | 16,188 | 9,957 | 6,498 | 11,628 | 12,143 | 14,390 | 14,882 | 6,693 | 5,425 | 2,771 | 3,373 | 4,529 | 5,162 | 6,372 | 5,578 | 5,858 | 0 | 0 | 0 |
Stock based compensation | ||||||||||||||||||||||||
3,911 | 3,654 | 3,563 | 3,418 | 3,160 | 2,735 | 2,283 | 1,829 | 1,585 | 1,801 | 1,987 | 2,113 | 2,716 | 2,367 | 2,547 | 2,808 | 2,734 | 3,077 | 4,471 | 4,042 | 3,273 | 2,690 | 0 | 0 | 0 |
Net (gains) losses on sale of debt securities | ||||||||||||||||||||||||
110 | 61 | 22 | 3 | -11 | -272 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | 88 | 0 | 0 | 0 |
Net (gains) losses on equity securities | ||||||||||||||||||||||||
495 | 393 | 562 | 448 | 252 | 38 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Origination of loans held for sale | ||||||||||||||||||||||||
36,335 | 32,570 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | 59,261 | 66,322 | 70,216 | 65,946 | 58,123 | 0 | 0 | 0 |
Purchases of loans held for sale | ||||||||||||||||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from sale of loans originated for sale | ||||||||||||||||||||||||
71,719 | 63,080 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | 62,838 | 73,275 | 79,283 | 76,346 | 68,845 | 0 | 0 | 0 |
Net gains on sale of loans | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 16 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Net gains on sale of loans | ||||||||||||||||||||||||
0 | - | - | 0 | 0 | - | - | - | - | - | -59 | 189 | 184 | 154 | 0 | 0 | 0 | - | 0 | 0 | 0 | - | 0 | 0 | 0 |
Net (gains) losses on loans transferred to loans held for sale | ||||||||||||||||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net OREO (gains) losses and valuation adjustments | ||||||||||||||||||||||||
-115 | 351 | 338 | 459 | -217 | -514 | -1,315 | -1,365 | -949 | -850 | -361 | -313 | -1,405 | -1,427 | -1,280 | -1,401 | -145 | -108 | -222 | -175 | -479 | -582 | 0 | 0 | 0 |
Net change in operating leases | ||||||||||||||||||||||||
200 | 181 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Income from CLO warehouse investments | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 2,226 | 2,723 | 3,380 | 3,164 | 3,184 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Bargain purchase gain | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 15,117 | 0 | 0 | 0 | - | - | - | - |
Gain on sale of subsidiary or division | ||||||||||||||||||||||||
- | - | - | - | - | 1,071 | 1,071 | 1,071 | 1,071 | 20,860 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
(Increase) decrease in other assets | ||||||||||||||||||||||||
12,573 | 14,991 | 8,060 | 10,998 | 7,553 | 8,385 | 7,426 | 8,280 | 774 | -1,515 | 692 | -5,263 | 1,660 | -1,197 | -4,675 | -1,411 | -4,613 | -1,075 | 2,291 | -2,353 | 1,850 | 1,525 | 0 | 0 | 0 |
Increase (decrease) in other liabilities | ||||||||||||||||||||||||
4,905 | 3,790 | 4,048 | 6,735 | 10,937 | 6,138 | 4,226 | 3,006 | -900 | 4,860 | 7,102 | 1,000 | -407 | -3,097 | -6,897 | -4,503 | -2,735 | 186 | -2,633 | 1,060 | 2,301 | -5,201 | 0 | 0 | 0 |
Net cash provided by (used in) operating activities | ||||||||||||||||||||||||
65,777 | 72,450 | 77,217 | 77,677 | 85,148 | 73,830 | 67,381 | 56,805 | 53,109 | 47,273 | 42,399 | 38,344 | 28,251 | 30,983 | 25,900 | 25,171 | 27,320 | 25,296 | 26,849 | 30,474 | 26,405 | 19,680 | 0 | 0 | 0 |
Cash flows from investing activities: | ||||||||||||||||||||||||
Purchases of securities available for sale | ||||||||||||||||||||||||
83,987 | 80,459 | 0 | 0 | 0 | - | - | - | - | 5,042 | 19,570 | 19,720 | 19,495 | 17,942 | 0 | 0 | 0 | - | - | - | - | 27,970 | 0 | 0 | 0 |
Proceeds from sales of securities available for sale | ||||||||||||||||||||||||
- | 40,617 | 40,617 | 129,437 | 126,287 | 123,016 | 0 | 0 | 0 | - | - | - | - | 34,338 | 24,327 | 9,421 | 21,980 | 17,635 | 31,200 | 30,189 | 17,647 | 24,424 | 0 | 0 | 0 |
Proceeds from maturities, calls, and pay downs of securities available for sale | ||||||||||||||||||||||||
134,329 | 129,382 | 116,097 | 94,781 | 78,621 | 78,709 | 61,579 | 67,997 | 85,947 | 89,443 | 80,770 | 79,794 | 54,724 | 31,847 | 20,566 | 9,031 | 11,470 | 11,132 | 10,744 | 9,834 | 7,446 | 26,548 | 0 | 0 | 0 |
Purchases of securities held to maturity | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 29,117 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Proceeds from maturities, calls, and pay downs of securities held to maturity | ||||||||||||||||||||||||
1,068 | 993 | 823 | 1,064 | 1,088 | 1,053 | 11,121 | 19,276 | 24,292 | 28,216 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Purchases of loans held for investment | ||||||||||||||||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - | - | 995 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Proceeds from sale of loans | ||||||||||||||||||||||||
0 | - | - | - | - | - | - | - | - | 3,834 | 0 | 0 | 0 | - | - | - | - | 36,765 | 0 | 0 | 0 | - | - | - | - |
Net change in loans | ||||||||||||||||||||||||
633,315 | 506,816 | 710,452 | 346,676 | 330,219 | 388,276 | 472,779 | 571,183 | 640,682 | 586,120 | 467,848 | 442,032 | 348,439 | 295,315 | 327,160 | 255,526 | 202,060 | 252,390 | 175,030 | 186,918 | 159,181 | 156,946 | 0 | 0 | 0 |
Net proceeds from sale of OREO | ||||||||||||||||||||||||
0 | - | - | - | - | - | - | - | - | 5,179 | 3,319 | 4,380 | 3,944 | 3,320 | 2,601 | 1,483 | 1,985 | 3,881 | 4,518 | 5,525 | 7,047 | 5,321 | 0 | 0 | 0 |
Purchases of premises and equipment, net | ||||||||||||||||||||||||
21,891 | 21,338 | 12,037 | 15,992 | 21,095 | 18,776 | 23,042 | 15,661 | 8,729 | 7,953 | 2,712 | 4,245 | 4,236 | 4,325 | 3,958 | 2,403 | 2,620 | 2,437 | 2,211 | 3,050 | 3,147 | 2,745 | 0 | 0 | 0 |
Net cash paid for CLO warehouse investments | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 |
(Purchases) redemptions of FHLB and other restricted stock, net | ||||||||||||||||||||||||
15,889 | 3,917 | 851 | -2,101 | 3,768 | -978 | 5,803 | 4,342 | 9,026 | 7,261 | 7,679 | 7,648 | 2,383 | 4,062 | -145 | 661 | -232 | -1,085 | 2,166 | -2,269 | -767 | -899 | 0 | 0 | 0 |
Cash paid for acquisitions, net of cash acquired | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 127,591 | 0 | 0 | 0 | - | - | - | - |
Proceeds from sale of subsidiary or division, net | ||||||||||||||||||||||||
- | - | - | - | - | 73,849 | 73,849 | 73,849 | 73,849 | 10,269 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash provided by (used in) investing activities | ||||||||||||||||||||||||
-787,579 | -520,372 | -654,131 | -222,344 | -348,092 | -268,307 | -284,392 | -464,160 | -344,303 | -379,771 | -352,067 | -324,125 | -264,242 | -273,556 | -340,433 | -310,191 | -278,861 | -389,133 | -285,008 | -222,335 | -224,735 | -122,092 | 0 | 0 | 0 |
Net increase (decrease) in deposits | ||||||||||||||||||||||||
367,575 | 339,557 | 258,784 | 359,378 | 98,895 | 146,954 | 290,357 | 91,272 | 55,110 | 151,463 | 61,868 | 144,075 | 111,009 | 114,002 | 97,864 | 86,137 | 86,964 | 83,998 | 94,592 | 117,276 | 159,487 | 156,509 | 0 | 0 | 0 |
Increase (decrease) in customer repurchase agreements | ||||||||||||||||||||||||
-34 | -2,452 | 876 | 2,279 | -3,024 | -7,003 | -6,621 | -4,450 | -3,717 | 998 | 4,540 | 1,324 | 827 | 1,173 | -255 | 624 | 975 | 35 | -60 | -2,302 | -9,004 | -2,048 | 0 | 0 | 0 |
Increase (decrease) in Federal Home Loan Bank advances | ||||||||||||||||||||||||
445,000 | 100,000 | 200,000 | -115,737 | 49,263 | -35,737 | -55,737 | 80,000 | 155,000 | 135,000 | 155,000 | 159,500 | 90,000 | 100,000 | 169,000 | 161,500 | 110,000 | 127,000 | 61,000 | -51,000 | -20,750 | -18,000 | 0 | 0 | 0 |
Repayment of senior secured note | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,573 | 0 | 0 | 0 |
Proceeds from issuance of other borrowings | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 99,975 | 0 | 0 | 0 | - | - | - | - |
Repayment of other borrowings | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,659 | 0 | 0 | 0 | - | - | - | - |
Stock option exercises | ||||||||||||||||||||||||
- | - | - | - | - | 4 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Purchase of treasury stock | ||||||||||||||||||||||||
92,557 | 64,524 | 0 | 0 | 0 | - | - | - | - | 366 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Dividends on preferred stock | ||||||||||||||||||||||||
- | - | - | - | - | 578 | 772 | 772 | 772 | 774 | 777 | 883 | 885 | 887 | 887 | 782 | 782 | 780 | 1,660 | 2,243 | 2,621 | 3,037 | 0 | 0 | 0 |
Net cash provided by (used in) financing activities | ||||||||||||||||||||||||
758,266 | 410,863 | 409,548 | 220,607 | 328,848 | 295,287 | 418,863 | 423,218 | 271,156 | 352,113 | 285,500 | 341,533 | 238,360 | 251,810 | 303,475 | 247,056 | 196,814 | 308,226 | 298,317 | 205,859 | 269,821 | 177,503 | 0 | 0 | 0 |
Net increase (decrease) in cash and cash equivalents | ||||||||||||||||||||||||
36,464 | -37,059 | -167,366 | 75,940 | 65,904 | 100,810 | 201,852 | 15,863 | -20,038 | 19,615 | -24,168 | 55,752 | 2,369 | 9,237 | -11,058 | -37,964 | -54,727 | -55,611 | 40,158 | 13,998 | 71,491 | 75,091 | 0 | 0 | 0 |
Supplemental cash flow information: | ||||||||||||||||||||||||
Interest paid | ||||||||||||||||||||||||
54,716 | 52,006 | 47,511 | 41,558 | 34,567 | 31,965 | 28,574 | 25,043 | 22,686 | 20,393 | 16,647 | 14,732 | 13,374 | 10,453 | 9,522 | 8,952 | 8,356 | 7,864 | 7,637 | 6,892 | 6,739 | 8,225 | 0 | 0 | 0 |
Income taxes paid, net | ||||||||||||||||||||||||
17,724 | 17,748 | 17,069 | 21,911 | 12,833 | 12,839 | 13,781 | 11,709 | 13,855 | 12,890 | 11,140 | 9,579 | 8,902 | 10,942 | 8,354 | 9,408 | 6,473 | 5,878 | 4,375 | 6,045 | 4,655 | 5,093 | 0 | 0 | 0 |
Cash paid for operating lease liabilities | ||||||||||||||||||||||||
4,222 | 4,196 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Supplemental noncash disclosures: | ||||||||||||||||||||||||
Loans transferred to OREO | ||||||||||||||||||||||||
- | 3,360 | 3,294 | 2,825 | 1,235 | 514 | 612 | 727 | 708 | 6,585 | 6,239 | 6,124 | 6,274 | 470 | 421 | 421 | 402 | 743 | 915 | 911 | 942 | 543 | 0 | 0 | 0 |
Lease liabilities arising from obtaining right-of-use assets | ||||||||||||||||||||||||
2,034 | 2,557 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Securities available for sale purchased, not settled | ||||||||||||||||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Premises transferred to OREO | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 276 | 276 | 273 | 273 | 2,215 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Loans transferred to loans held for sale | ||||||||||||||||||||||||
0 | - | - | - | 0 | - | - | - | - | 3,914 | 7,669 | 22,311 | 23,544 | 24,384 | 0 | 0 | 0 | - | - | - | - | 78,071 | 0 | 0 | 0 |
Securities held to maturity purchased, not settled | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Consideration received from sale of subsidiary or division | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 12,123 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Assets transferred to assets held for sale | ||||||||||||||||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Securities transferred in satisfaction of other borrowings | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 98,316 | 0 | 0 | 0 | - | - | - | - |
Premises and equipment transferred to branch assets held for sale | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,260 | 0 | 0 | 0 |