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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 349,310 $ 323,840
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and core deposit intangibles amortization 25,802 22,793
Provision for credit losses 9,066 18,540
Net amortization of premium on investments 17,227 21,412
Net gain on sale or write-up of securities (11,245)  
Net gain on sale of other real estate and repossessed assets (204) (780)
Net gain on sale or write-down of assets (2,240) (2,070)
Net accretion of discount on loans (13,879) (5,566)
Net amortization of premium on deposits (133) (450)
Net gain on sale of loans (2,321) (1,670)
Proceeds from sale of loans held for sale 103,950 68,827
Originations of loans held for sale (102,087) (77,242)
Stock based compensation expense 9,641 9,056
Decrease in accrued interest receivable and other assets 25,151 47,911
Increase in accrued interest payable and other liabilities 270,500 193,806
Net cash provided by operating activities 678,538 618,407
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturities, sales and principal paydowns of held to maturity securities 1,411,488 1,308,839
Purchase of held to maturity securities (41,999) (3,028)
Proceeds from maturities, sales and principal paydowns of available for sale securities 18,706,454 11,220,463
Purchase of available for sale securities (18,538,380) (11,026,566)
Originations of Warehouse Purchase Program loans (10,910,602) (9,877,760)
Proceeds from pay-offs of Warehouse Purchase Program loans 10,504,141 9,706,053
Net decrease (increase) in loans held for investment 251,557 (818,194)
Purchase of bank premises and equipment (16,317) (29,517)
Proceeds from sale of bank premises, equipment and other real estate 7,227 7,170
Proceeds from insurance claims 1,423 11,427
Net cash provided by investing activities 1,544,847 474,522
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net decrease in noninterest-bearing deposits (370,954) (1,325,801)
Net increase (decrease) in interest-bearing deposits 38,496 (1,472,467)
Net proceeds from other short-term borrowings 175,000 2,199,614
Net decrease in securities sold under repurchase agreements (80,381) (177,294)
Redemption of junior subordinated debentures   (3,158)
Repurchase of common stock (74,766) (72,248)
Payments of cash dividends (159,122) (153,235)
Net cash used in financing activities (471,727) (1,004,589)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 1,751,658 88,340
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 458,413 424,133
CASH AND CASH EQUIVALENTS, END OF PERIOD 2,210,071 512,473
NONCASH ACTIVITIES:    
Acquisition of real estate through foreclosure of collateral 7,031 10,249
SUPPLEMENTAL INFORMATION:    
Income taxes paid 28,397 93,675
Interest paid 314,637 275,113
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