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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net income $ 560,742 $ 527,323 $ 312,321
Net amortization/accretion of premium/discount on securities 65,838 59,066 38,051
Depreciation, amortization and accretion 62,298 53,256 45,203
Provision for credit losses 67,925 16,126 203,815
Gains on mortgage loans sold, net (7,268) (32,424) (60,042)
Investment gains on sales, net (156) (759) (986)
Gain on other equity investments, net (10,605) (23,109) (1,071)
Gain on remeasurement of previously held noncontrolling interest (5,500) 0 0
Stock-based compensation expense 39,552 24,952 18,737
Deferred tax expense (benefit) 19,740 (12,232) (58,315)
Losses (gains) on disposition of other real estate and other investments (179) (1,168) 7,604
Income from equity method investment 145,466 122,274 83,539
Dividends received from equity method investment 63,114 69,996 53,020
Gains on commercial loans sold, net 2,275 4,143 2,620
Decrease (increase) in other assets 82,893 (73,527) 157,294
Increase (decrease) in other liabilities (26,620) (60,315) 69,241
Net cash provided by operating activities 604,925 657,444 426,754
Payments to Acquire Debt Securities, Available-for-sale 699,293 2,107,794 1,412,210
Proceeds from Sale of Debt Securities, Available-for-sale 29,501 37,457 145,631
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale 417,348 617,054 469,337
Payments to Acquire Held-to-maturity Securities 968,449 186,260 0
Proceeds from Maturities, Prepayments and Calls of Held-to-maturity Securities 74,770 40,442 20,473
Net decrease (increase) in securities purchased under agreements to resell 486,724 (1,000,000) 0
Increase in loans, net 5,634,350 1,027,185 2,661,316
Purchases of premises and equipment and software 63,522 23,178 38,761
Purchase of bank owned life insurance 100,000 0 75,000
Proceeds from bank owned life insurance settlement 1,951 1,656 6,486
Proceeds from sales of software, premises, and equipment 698 281 0
Acquisitions, net of cash acquired 30,896 0 0
Proceeds from sale of other real estate 994 6,090 13,272
Proceeds from (payments for) derivative instruments (95,734) 99,710 35,680
Payments to Acquire Federal Home Loan Bank Stock (12,389)    
Proceeds from sale (purchase) of Federal Home Loan Bank stock   12,602 0
Purchase of other intangible assets 825 0 1,000
Increase in other investments 90,967 83,830 70,183
Net cash used in investing activities (6,684,439) (3,612,955) (3,567,591)
Net increase in deposits 3,661,396 3,599,084 7,524,867
Net increase in securities sold under agreements to repurchase 42,351 24,395 1,810
Federal Home Loan Bank: Advances 500,000 0 762,473
Federal Home Loan Bank: Repayments/maturities 925,000 200,001 1,737,521
Proceeds from subordinated debt and other borrowings, net of issuance costs 0 0 56,568
Repayments of Notes Payable (29,547) (250,000) (136,661)
Principal payments of finance lease obligation 281 261 243
Issuance of preferred stock, net of issuance costs 0 0 217,126
Issuance of common stock pursuant to restricted stock unit agreement, net of shares withheld for taxes (5,462) (3,790) (2,488)
Proceeds From Stock Options Exercised, Net of Repurchase of Restricted Shares (4,714) 3,130 2,577
Repurchase of common stock 0 0 50,790
Common dividends paid 68,194 55,504 49,389
Preferred stock dividends paid 15,192 15,192 7,596
Net cash provided by financing activities 3,155,357 3,095,601 6,575,579
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (2,924,157) 140,090 3,434,742
Cash, cash equivalents and restricted cash, beginning of year 4,101,539 3,961,449 526,707
Cash, cash equivalents and restricted cash, end of year 1,177,382 4,101,539 3,961,449
Excess tax benefit from stock compensation (3,027) (2,475) (417)
Commercial Loan [Member]      
Payments for Origination and Purchases of Loans Held-for-sale 498,312 564,647 407,578
Proceeds from Sale of Loans Held-for-sale 497,180 582,305 396,584
Consumer Loan [Member]      
Payments for Origination and Purchases of Loans Held-for-sale 1,578,168 2,037,897 2,122,796
Proceeds from Sale of Loans Held-for-sale $ 1,589,005 $ 2,112,336 $ 2,176,836