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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net income $ 225,820 $ 89,080
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 38,623 35,268
Provision for credit losses 10,808 100,562
Deferred income taxes 24,707 95,115
Losses on sale of securities, net   228,811
Share-based compensation expense 9,344 8,254
Accretion of discount related to acquired loans (38,786) (61,798)
Losses (gains) on disposal of premises and equipment 212 (136)
Gains on sale of bank properties held for sale and repossessed real estate (295) (229,430)
Net amortization of premiums and discounts on investment securities 2,599 2,428
Bank properties held for sale and repossessed real estate write downs 3,896 135
Fair value adjustment for loans held for sale 1,125 (305)
Originations and purchases of loans held for sale (537,890) (730,655)
Proceeds from sales of loans held for sale 245,565 326,105
Gains on sales of loans held for sale (3,569) (6,155)
Increase in cash surrender value of BOLI (9,450) (8,685)
Net change in:    
Accrued interest receivable (6,612) (4,196)
Prepaid assets 2,126 15,743
Operating leases 2,100 872
Bank owned life insurance (50) (122)
Trading securities 278,411 308,411
Derivative assets 31,553 (9,044)
Miscellaneous other assets (28,311) 35,648
Accrued interest payable (2,224) (39,243)
Accrued income taxes (12,945) (66,697)
Derivative liabilities 7,658 (188,610)
Miscellaneous other liabilities 54,602 (27,616)
Net cash provided by (used in) operating activities 299,017 (126,260)
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 39,888 57,703
Proceeds from maturities and calls of investment securities available for sale 1,691,029 398,326
Proceeds from sales and redemptions of other investment securities 1,942 38,183
Purchases of investment securities available for sale (1,965,340) (3,156,990)
Purchases of other investment securities (17) (115,494)
Net (increase) decrease in loans (899,010) 275,337
Net cash received from acquisitions   1,040,765
Net cash paid for acquisition of customer list   (279)
Recoveries of loans previously charged off 3,921 2,982
Purchases of premises and equipment (16,061) (12,822)
Proceeds from redemption and payout of bank owned life insurance policies 692 544
Proceeds from sale of bank properties held for sale and repossessed real estate 4,216 461,842
Proceeds from sale of premises and equipment 34 969
Net cash (used in) provided by investing activities (1,138,706) 1,865,176
Cash flows from financing activities:    
Net increase in deposits 729,745 70,869
Net increase in federal funds purchased and securities sold under agreements to repurchase and other short-term borrowings 25,171 164,425
Proceeds from borrowings   700,000
Repayment of borrowings   (700,000)
Common stock issuance 1,395 93
Common stock repurchases (160,436) (11,176)
Dividends paid (60,097) (55,834)
Excess tax paid on repurchases of corporate stock (1,795)  
Stock options exercised 305 330
Net cash provided by financing activities 534,288 168,707
Net (decrease) increase in cash and cash equivalents (305,401) 1,907,623
Cash and cash equivalents at beginning of period 3,172,483 1,392,067
Cash and cash equivalents at end of period 2,867,082 3,299,690
Cash paid for:    
Interest 257,448 303,262
Income taxes 49,512 191
Recognition of operating lease assets in exchange for lease liabilities 1,818 389,613
Schedule of Noncash Operating Transactions:    
Creation of interest only strips from pooling of SBA loans held for sale 26,360 32,068
Pooling of SBA loans held for sale into trading securities 285,817 312,881
Acquisitions:    
Fair value of tangible assets acquired   16,561,942
Other intangible assets acquired   412,078
Liabilities assumed   15,665,912
Net identifiable assets acquired over liabilities assumed   1,164,953
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 $ 25,106 $ 2,804