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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
OPERATING ACTIVITIES    
Net income $ 261,438 $ 81,333
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 27,000 86,000
Net accretion of premiums and discounts from acquisition (45,184) (26,435)
Depreciation and amortization 35,094 29,366
Amortization of debt issuance costs 106 219
Deferred income tax expense 21,123 16,710
Net increase in trading securities and other earning assets (1,874) (6,928)
(Gains) losses on investment securities, net (3,046) 4,782
Losses on sales of assets 919 18
Amortization of securities premiums, net of discount accretion (2,935) 5,126
Originations of loans held for sale (28,967) (18,279)
Gains on sales of loans held for sale, net (706) (453)
Proceeds from sales of loans held for sale 27,232 16,389
Equity-based compensation 13,423 12,830
Changes in:    
Accrued income 6,954 12,271
Accrued expenses and taxes (123,188) (59,461)
Other assets and liabilities, net 173,884 209,533
Net cash provided by operating activities 361,273 363,021
Securities held to maturity:    
Maturities, calls and principal repayments 101,529 115,631
Purchases (74,398) (9,049)
Securities available for sale:    
Sales 51,771 611,423
Maturities, calls and principal repayments 532,468 386,343
Purchases (606,550) (914,361)
Equity securities with readily determinable fair values:    
Sales 20,431  
Purchases (105) (291)
Equity securities without readily determinable fair values:    
Sales 7,708 40
Maturities, calls and principal repayments 9,901 8,210
Purchases (33,956) (62,810)
Payment of tax equity investment commitments (22,684) (21,871)
Net increase in loans (1,346,054) (481,826)
Net decrease (increase) in fed funds sold and resell agreements 23,424 (91,069)
Net cash activity from acquisitions and divestitures   174,985
Net (increase) decrease in interest-bearing balances due from other financial institutions (8,667) 956,440
Net purchases of premises and equipment (4,517) (8,823)
Proceeds from bank-owned and company-owned life insurance death benefit   232
Net cash (used in) provided by investing activities (1,349,699) 663,204
FINANCING ACTIVITIES    
Net (decrease) increase in demand and savings deposits (125,690) 1,533,318
Net decrease in time deposits (550,344) (504,295)
Net increase (decrease) in fed funds purchased and repurchase agreements 225,800 (72,365)
Repayment of long-term debt   (11,055)
Cash dividends paid (39,611) (30,117)
Payment of common stock issuance costs   (524)
Proceeds from exercise of stock options and sales of treasury shares 452 481
Purchases of treasury stock (32,814) (15,434)
Common stock issuance   235,141
Net cash (used in) provided by financing activities (522,207) 1,135,150
(Decrease) increase in cash and cash equivalents (1,510,633) 2,161,375
Cash and cash equivalents at beginning of period 7,771,973 8,448,691
Cash and cash equivalents at end of period 6,261,340 10,610,066
Supplemental disclosures:    
Income tax (refunds) payments (1,370) 1,732
Total interest payments 345,994 326,798
Noncash disclosures:    
Acquisition of tax equity investments   14,036
Commitment to fund tax equity investments   14,036
Transfer of loans to other real estate owned $ 354 486
Transfer of loans to other repossessed assets   10
Stock based compensation as consideration for acquisition   20,389
Common Stock    
Noncash disclosures:    
Issuance of stock as consideration for acquisition   2,783,510
Preferred Stock    
Noncash disclosures:    
Issuance of stock as consideration for acquisition   $ 115,230