CASH 2018 Annual Report

109 Cash received upon acquisitions 58,858 — — Net cash used in investing activities (389,790) (700,433) (738,480) Cash flows from financing activities: Net change: Checking, savings, and money market deposits 7 319,524 737,727 Time deposits (143,096) (2,355) 34,821 Wholesale deposits 229,982 476,173 — FHLB and other borrowings (415,000) 308,000 100,000 Federal funds (565,000) (5,000) 452,000 Securities sold under agreements to repurchase 1,222 (565) (969) Short-term borrowings (11,642) — — Distributions to non-controlling interest (266) — — Principal payments: Other liabilities (4,888) — — Capital lease obligations (62) (80) (126) Cash dividends paid (5,736) (4,839) (4,389) Purchase of shares by ESOP 1,606 1,174 — Issuance of restricted stock 4 12 — Proceeds from exercise of stock options & issuance of common stock 148 650 13,858 Shares repurchased for tax withholdings on stock compensation (2,598) (470) — Contingent consideration - cash paid — (17,253) — Proceeds from long term debt — — 75,000 Redemption of long term debt (258) — — Payment of debt issuance costs — — (1,767) Payment of debt extinguishment costs — (772) — Net cash (used in) provided by financing activities (915,577) 1,074,199 1,406,155 Effect of exchange rate changes on cash 3 — — Net change in cash and cash equivalents (1,167,609) 493,756 746,172 Cash and cash equivalents at beginning of year 1,267,586 773,830 27,658 Cash and cash equivalents at end of year $ 99,977 $ 1,267,586 $ 773,830