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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 222,028 $ 211,632
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and core deposit intangibles amortization 16,915 14,632
Provision for credit losses 9,066 18,540
Net amortization of premium on investments 11,653 14,515
Net gain on sale or write-up of securities (11,021)  
Net gain on sale of other real estate and repossessed assets (107) (46)
Net loss (gain) on sale or write down of premises and equipment 938 (2,115)
Net accretion of discount on loans (9,051) (3,291)
Net amortization of premium on deposits (93) (240)
Net gain on sale of loans (1,358) (901)
Proceeds from sale of loans held for sale 63,974 23,783
Originations of loans held for sale (66,833) (32,984)
Stock based compensation expense 6,513 5,909
Decrease in accrued interest receivable and other assets 17,168 7,244
Increase in accrued interest payable and other liabilities 144,102 117,994
Net cash provided by operating activities 403,894 374,672
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturities, sales and principal paydowns of held to maturity securities 990,755 857,656
Purchase of held to maturity securities (28,826) (3,028)
Proceeds from maturities, sales and principal paydowns of available for sale securities 11,199,310 6,703,648
Purchase of available for sale securities (11,020,422) (6,527,199)
Originations of Warehouse Purchase Program loans (6,759,124) (6,077,557)
Proceeds from pay-offs of Warehouse Purchase Program loans 6,499,966 5,669,294
Net decrease (increase) in loans held for investment 171,972 (793,081)
Purchase of bank premises and equipment (11,888) (18,280)
Proceeds from sale of bank premises, equipment and other real estate 1,037 3,869
Proceeds from insurance claims 1,049 5,831
Net cash provided by (used in) investing activities 1,213,684 (203,212)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net decrease in noninterest-bearing deposits (475,810) (1,242,773)
Net decrease in interest-bearing deposits (11,213) (1,487,619)
Net proceeds from other short-term borrowings 175,000 2,749,614
Net decrease in securities sold under repurchase agreements (75,588) (43,848)
Repurchase of common stock (74,766) (72,248)
Payments of cash dividends (105,776) (101,690)
Net cash used in financing activities (568,153) (198,564)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 1,049,425 (27,104)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 458,413 424,133
CASH AND CASH EQUIVALENTS, END OF PERIOD 1,507,838 397,029
NONCASH ACTIVITIES:    
Acquisition of real estate through foreclosure of collateral 3,897 1,690
SUPPLEMENTAL INFORMATION:    
Income taxes paid 28,344 68,096
Interest paid 203,089 183,592
First Bancshares of Texas, Inc. [Member]    
CASH FLOWS FROM INVESTING ACTIVITIES:    
Net cash (used in) provided by the purchase of First Bancshares of Texas, Inc./Lone Star State Bancshares, Inc.   $ (24,365)
Lone Star State Bancshares, Inc. [Member]    
CASH FLOWS FROM INVESTING ACTIVITIES:    
Net cash (used in) provided by the purchase of First Bancshares of Texas, Inc./Lone Star State Bancshares, Inc. $ 169,855