As Reported Financials

Document Name As Of Date Currency Code (in thousands)	2017 Y 10-K 12/31/2017 USD	2018 Y 10-K 12/31/2018 USD	2019 Y 10-K 12/31/2019 USD	2020 Y 10-K 12/31/2020 USD
Document Name As Of Date Currency Code	2017 Y 10-K 12/31/2017 USD	2018 Y 10-K 12/31/2018 USD	2019 Y 10-K 12/31/2019 USD	2020 Y 10-K 12/31/2020 USD
Cash Flows Provided by (Used in) Operating Activities
Net income	62,726	98,928	102,953	100,344
Adjustments to reconcile net income to net cash provided by operating activities
Provision for credit losses	5,303	4,429	10,406	38,797
Amortization of intangible assets	5,245	5,854	9,547	10,008
Amortization of mortgage servicing rights	1,511	1,531	2,710	5,667
Depreciation and amortization of premises and equipment	8,615	9,556	11,879	12,273
Net amortization (accretion) of premium (discount) on portfolio loans	(12,205)	(10,452)	(10,905)	(9,247)
Net amortization (accretion) of premium (discount) on investment securities	6,665	8,311	6,106	9,716
Net amortization (accretion) of premium (discount) on time deposits	(392)	(243)	(1,648)	(933)
Net amortization (accretion) of premium (discount) on FHLB advances and other borrowings	140	146	309	586
Impairment of OREO	42	18	62	68
Impairment of fixed assets held for sale	99	817	2,026	6,901
Impairment of mortgage servicing rights	NA	0	0	648
Impairment of leases	0	146	348	0
Change in fair value of loans held for sale, net	0	NA	NA	NA
Change in fair value of equity securities, net	0	(2,162)	759	393
(Gain) loss on sales of equity securities, net	NA	51	(8)	0
(Gain) loss on sales of debt securities, net	(362)	1,780	(733)	(1,724)
Gain on sales of loans, net	(45,443)	(10,446)	(16,819)	(26,999)
Gain on sales of OREO	(1,632)	(384)	(102)	(133)
Loss on sales of premises and equipment	(327)	162	113	286
Gain on life insurance proceeds	(227)	(666)	(1,604)	(1,270)
Realized (gain) loss on preferred stock and equity securities	(781)	NA	NA	NA
Provision for deferred income taxes	14,100	7,116	96	(5,309)
Stock-based and non-cash compensation	2,752	3,721	3,997	7,135
Decrease in deferred compensation	(757)	(3,780)	(6,781)	0
Increase in cash surrender value of bank owned life insurance	(2,352)	(3,060)	(4,191)	(4,110)
Mortgage loans originated for sale	(1,487,726)	(425,322)	(667,515)	(881,398)
Proceeds from sales of mortgage loans	1,693,632	504,721	641,778	920,050
Net change in operating assets and liabilities
(Increase) decrease in other assets	8,925	9,580	5,397	(5,899)
(Decrease) increase in other liabilities	(4,193)	2,195	(7,380)	(6,551)
Net cash provided by (used in) operating activities	253,358	202,547	80,800	169,299
Cash Flows Provided by (Used in) Investing Activities
Purchases of debt securities held to maturity	(352,679)	(217,766)	0	0
Purchases of equity securities	0	0	(550)	(13,123)
Purchases of debt securities available for sale	(141,685)	(124,234)	(408,941)	(1,282,199)
Purchases of FHLB stock	0	0	(3,700)	0
Proceeds from sales of equity securities	0	920	1,474	13,152
Proceeds from sales of debt securities available for sale	139,765	122,584	227,371	0
Proceeds from paydowns and maturities of debt securities held to maturity	11,268	50,560	14,422	0
Proceeds from paydowns and maturities of debt securities available for sale	193,294	163,582	541,753	665,744
Proceeds from the redemption of FHLB stock	6,090	4,864	5,369	0
Net cash paid for acquisitions	26,979	0	(61,481)	0
Net increase in loans	(169,150)	(49,864)	(244,333)	(119,869)
Cash paid for premiums on bank-owned life insurance	0	0	(6)	(120)
Purchases of premises and equipment	(14,980)	(11,618)	(13,238)	(4,198)
Proceeds from life insurance	0	0	3,915	2,696
Proceeds from disposition of premises and equipment	2,224	324	424	814
Capitalized expenditures on OREO	0	0	(2)	0
Proceeds from sales of OREO	5,024	5,298	2,481	1,439
Net cash (used in) provided by investing activities	(293,850)	(55,350)	64,958	(735,664)
Cash Flows Provided by (Used in) Financing Activities
Net increase in deposits	111,788	123,600	215,519	776,386
Net change in federal funds purchased and securities sold under agreements to repurchase	28,898	(118,770)	(30,904)	(29,877)
Proceeds from other borrowings	98,312	0	60,000	142,634
Repayment of other borrowings	(9,800)	(5,500)	(6,000)	(74,000)
Net change in short-term FHLB advances	60,300	NA	NA	NA
Proceeds from FHLB advances	0	0	0	4,000
Repayments of long-term FHLB advances	(30,000)	NA	NA	NA
Repayment of FHLB advances	NA	(220,000)	(24,667)	(32,711)
Cash dividends paid	(30,707)	(39,010)	(45,171)	(48,012)
Purchase of treasury stock	0	0	(24,292)	(12,272)
Cash paid for withholding taxes on stock-based payments	(2,274)	(1,208)	(863)	(635)
Proceeds from stock options exercised	906	392	169	101
Common stock issuance costs	(365)	0	(234)	0
Net cash provided by (used in) financing activities	227,058	(260,496)	143,557	725,614
Net increase (decrease) in cash and cash equivalents	186,566	(113,299)	289,315	159,249
Cash and cash equivalents, beginning of period	166,706	353,272	239,973	529,288
Cash and cash equivalents, ending of period	353,272	239,973	529,288	688,537
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash Payments for
Interest	19,342	40,639	70,577	53,601
Income taxes	26,419	23,183	24,725	22,195
Non-cash Investing and Financing Activities
OREO acquired in settlement of loans	1,417	4,025	4,872	2,867
Other assets transferred to equity investments	0	4,000	0	0
Transfer of debt securities held to maturity to available for sale	0	0	593,548	0

Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.

As Reported Financials

Cashflow Statement

​ ​ Cash Flows Provided by (Used in) Operating Activities

Adjustments to reconcile net income to net cash provided by operating activities

Cash Flows Provided by (Used in) Investing Activities

​ ​ ​ Cash Flows Provided by (Used in) Financing Activities

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION

Cash Payments for

Non-cash Investing and Financing Activities

External Link Notice

Cash Flows Provided by (Used in) Operating Activities

Cash Flows Provided by (Used in) Financing Activities