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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Cash flows from operating activities:          
Net income     $ 550,945 $ 390,605  
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation and amortization     116,149 41,547  
Provision for credit losses $ 5,085 $ (6,971) 113,152 9,604  
Deferred income taxes     102,708 17,335  
Losses on sale of securities, net     228,811    
Share-based compensation expense     28,444 20,898  
Accretion of discount related to acquired loans     (208,281) (11,531)  
Gains on disposal of premises and equipment     (112) (19)  
Gains on sale of bank properties held for sale and repossessed real estate     (234,212) (938)  
Net amortization of premiums and discounts on investment securities     8,186 14,559  
Bank properties held for sale and repossessed real estate write downs     5,343 246  
Fair value adjustment for loans held for sale     1,043 (232)  
Originations and purchases of loans held for sale     (1,667,396) (1,268,977)  
Proceeds from sales of loans held for sale     913,311 953,081  
Gains on sales of loans held for sale     (16,663) (20,811)  
Increase in cash surrender value of BOLI     (26,708) (20,572)  
Net change in:          
Accrued interest receivable     (11,797) (11,133)  
Prepaid assets     5,075 (1,473)  
Operating leases     4,666 144  
Bank owned life insurance     (3,388) (1,989)  
Trading securities     642,258 35,111  
Derivative assets     (58,140) (22,783)  
Miscellaneous other assets     (26,584) 16,409  
Accrued interest payable     (31,150) (4,183)  
Accrued income taxes     (64,703) 32,916  
Derivative liabilities     (325,835) (198,292)  
Miscellaneous other liabilities     23,669 188,146  
Net cash provided by operating activities     68,791 157,668  
Cash flows from investing activities:          
Proceeds from sales of investment securities available for sale     2,874,110    
Proceeds from maturities and calls of investment securities held to maturity     154,860 182,902  
Proceeds from maturities and calls of investment securities available for sale     2,254,244 406,148  
Proceeds from sales and redemptions of other investment securities     45,306 130,642  
Purchases of investment securities available for sale     (5,126,458) (60,668)  
Purchases of other investment securities     (117,380) (140,168)  
Net increase in loans     (570,723) (1,177,079)  
Net cash received from acquisitions     1,040,765    
Net cash paid for acquisition of customer list     (279)    
Recoveries of loans previously charged off     13,108 12,149  
Purchases of premises and equipment     (53,653) (22,391)  
Proceeds from redemption and payout of bank owned life insurance policies     9,774 6,739  
Proceeds from sale of bank properties held for sale and repossessed real estate     555,500 11,277  
Proceeds from sale of premises and equipment     997 373  
Net cash provided by (used in) investing activities     1,080,171 (650,076)  
Cash flows from financing activities:          
Net increase in deposits     806,658 589,744  
Net increase in federal funds purchased and securities sold under agreements to repurchase and other short-term borrowings     79,180 49,137  
Proceeds from borrowings     1,045,122 4,000,000  
Repayment of borrowings     (1,105,000) (3,800,000)  
Common stock issuance     2,588 1,670  
Common stock repurchases     (54,303) (16,683)  
Dividends paid     (171,291) (121,651)  
Stock options exercised     472 3,993  
Net cash provided by financing activities     603,426 706,210  
Net increase in cash and cash equivalents     1,752,388 213,802  
Cash and cash equivalents at beginning of period     1,392,067 998,877 $ 998,877
Cash and cash equivalents at end of period $ 3,144,455 $ 1,212,679 3,144,455 1,212,679 $ 1,392,067
Cash paid for:          
Interest     839,710 551,066  
Income taxes     125,072 61,511  
Recognition of operating lease assets in exchange for lease liabilities     399,965 9,093  
Schedule of Noncash Operating Transactions:          
Pooling of SBA loans held for sale into trading securities     646,846    
Acquisitions:          
Fair value of tangible assets acquired     16,553,467    
Other intangible assets acquired     414,553    
Liabilities assumed     15,665,912    
Net identifiable assets acquired over liabilities assumed     1,170,953    
Common stock issued in acquisition     2,472,947    
Real estate transferred from premises and equipment to premises held for sale related to the sale-leaseback transaction     230,143    
Real estate acquired in full or in partial settlement of loans     $ 27,382 $ 3,774