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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income $ 115,056 $ 139,926
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 14,079 15,015
Provision for credit losses 12,686 33,091
Deferred income taxes 2,137 3,127
Gains on sale of securities, net   (45)
Share-based compensation expense 5,867 11,422
Accretion of discount related to acquired loans (4,287) (7,398)
Gains on disposal of premises and equipment (8) (65)
Gains on sale of bank properties held for sale and repossessed real estate (155) (514)
Net amortization of premiums and discounts on investment securities 4,816 5,358
Bank properties held for sale and repossessed real estate write downs 18 410
Fair value adjustment for loans held for sale 144 9
Originations and purchases of loans held for sale (228,440) (157,683)
Proceeds from sales of loans held for sale 225,355 160,808
Gains on sales of loans held for sale (2,724) (1,456)
Increase in cash surrender value of BOLI (6,700) (5,906)
Net change in:    
Accrued interest receivable (6,120) (3,921)
Prepaid assets (115) 2,406
Operating leases 80 72
Bank owned life insurance (200) (930)
Trading securities (34,868) 15,225
Derivative assets (3,844) 51,729
Miscellaneous other assets 14,427 (115,557)
Accrued interest payable (11,935) 14,193
Accrued income taxes 32,734 36,423
Derivative liabilities 150,302 (227,559)
Miscellaneous other liabilities (646) 91,201
Net cash provided by operating activities 277,659 59,381
Cash flows from investing activities:    
Proceeds from sales of investment securities available for sale   125,298
Proceeds from maturities and calls of investment securities held to maturity 39,811 45,308
Proceeds from maturities and calls of investment securities available for sale 128,636 110,287
Proceeds from sales and redemptions of other investment securities 59,375 25,500
Purchases of other investment securities (54,616) (63,773)
Net increase in loans (283,413) (518,335)
Recoveries of loans previously charged off 5,261 3,589
Purchases of premises and equipment (5,511) (7,642)
Proceeds from redemption and payout of bank owned life insurance policies 792 3,794
Proceeds from sale of bank properties held for sale and repossessed real estate 3,698 1,511
Proceeds from sale of premises and equipment 12 616
Net cash used in investing activities (105,955) (273,847)
Cash flows from financing activities:    
Net increase in deposits 129,678 51,450
Net increase (decrease) in federal funds purchased and securities sold under agreements to repurchase and other short-term borrowings 65,506 (12,309)
Proceeds from borrowings 1,150,000 2,150,000
Repayment of borrowings (1,250,000) (1,250,000)
Common stock repurchases (15,938) (3,416)
Dividends paid (40,761) (38,333)
Stock options exercised 391 1,173
Net cash provided by financing activities 38,876 898,565
Net increase in cash and cash equivalents 210,580 684,099
Cash and cash equivalents at beginning of period 998,877 1,312,563
Cash and cash equivalents at end of period 1,209,457 1,996,662
Cash paid for:    
Interest 185,254 54,953
Income taxes 147 2,400
Recognition of operating lease assets in exchange for lease liabilities 2,544  
Schedule of Noncash Investing Transactions:    
Real estate acquired in full or in partial settlement of loans $ 940 $ 2,826