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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating activities:    
Net income $ 472,084 $ 323,797
Adjustments to reconcile net income to net cash provided by operating activities:    
Net amortization/accretion of premium/discount on securities 31,895 38,956
Depreciation, amortization and accretion, net 83,525 72,677
Provision for credit losses 73,144 90,937
Gain on mortgage loans sold, net (6,300) (8,792)
Investment losses on sales, net 12,512 72,103
Gain on other equity investments, net 7,233 12,375
Stock-based compensation expense 32,527 31,405
Deferred tax benefit (22,938) (9,387)
Losses on dispositions of other real estate and other investments 214 95
Gain on sale of fixed assets (412) (2,220)
Income from equity method investment (87,046) (51,102)
Dividends received from equity method investment 134,644 71,689
Excess tax benefit from stock compensation (3,978) (2,646)
Gain on commercial loans sold, net (971) (655)
Increase in other assets (60,626) (138,818)
Decrease in other liabilities (34,951) (7,030)
Net cash provided by operating activities 643,291 404,361
Activities in securities available-for-sale:    
Purchases (1,609,676) (2,088,271)
Sales 188,486 822,741
Maturities, prepayments and calls 660,059 240,209
Activities in securities held-to-maturity:    
Maturities, prepayments and calls 132,433 82,283
Proceeds from (Payments for) Securities Purchased under Agreements to Resell (16,671) 491,529
Proceeds from Sale, Loan and Lease, Held-for-Investment [Abstract] 2,522,470 1,728,915
Proceeds from Sale, Loan and Lease, Held-for-Investment 9,131 30,715
Purchases of software, premises and equipment (66,368) (69,542)
Proceeds from sales of software, premises and equipment 7,913 5,819
Proceeds from sale of other real estate 3,237 3,527
Purchase of bank owned life insurance policies (150,000) 0
Proceeds from bank owned life insurance settlements 3,365 4,160
Proceeds from Life Insurance Policy 0 141,308
Payments for (Proceeds from) Derivative Instrument, Investing Activities (66,596) 0
Proceeds from Sale of Federal Home Loan Bank Stock 11,306 276
Payments to Acquire Intangible Assets (900) 0
Increase in other investments, net (171,289) (74,565)
Net cash used in investing activities (3,588,040) (2,138,726)
Financing activities:    
Net increase in deposits 2,884,148 2,415,102
Net increase in securities sold under agreements to repurchase 95,329 467
Federal Home Loan Bank: Advances 0 454,650
Federal Home Loan Bank: Repayments/maturities (116,329) (450,009)
Principal payments of finance lease obligation (240) (286)
Restricted shares withheld for taxes & related tax benefits (7,124) (5,161)
Issuance of common stock pursuant to RSU and PSU agreements, net of shares withheld for taxes & related tax benefits (13,351) (14,430)
Common stock dividends paid (56,605) (51,759)
Preferred stock dividends paid (11,394) (11,394)
Net cash provided by financing activities 2,774,434 2,337,180
Net increase (decrease) in cash, cash equivalents, and restricted cash (170,315) 602,815
Cash, cash equivalents, and restricted cash, beginning of period 3,435,925 2,230,349
Cash, cash equivalents, and restricted cash, end of period 3,265,610 2,833,164
Commercial Loan    
Adjustments to reconcile net income to net cash provided by operating activities:    
Loans held-for-sale originated (159,853) (163,750)
Loans held-for-sale sold 168,256 165,067
Consumer Loan    
Adjustments to reconcile net income to net cash provided by operating activities:    
Loans held-for-sale originated (2,304,715) (1,815,736)
Loans held-for-sale sold $ 2,323,513 $ 1,750,146