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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 479,386 $ 419,316 $ 524,516
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and core deposit intangibles amortization 34,724 30,959 28,296
Provision for credit losses 9,066 18,540 0
Deferred income tax expense 2,616 7,321 6,046
Net amortization of premium on investments 22,836 27,840 42,957
Net gain on sale or write-up of securities (11,245)    
Gain on sale or write down of premises, equipment, other assets and other real estate (3,639) (2,732) (4,817)
Net amortization of premium on deposits (154) (600) (311)
Net accretion of discount on loans (17,490) (8,046) (7,401)
Proceeds from sale of loans held for sale 136,747 111,058 57,488
Originations of loans held for sale (141,782) (117,231) (50,768)
Stock based compensation expense 12,843 12,181 11,765
(Increase) decrease in accrued interest receivable and other assets (106,525) 100,790 (85,209)
Increase (decrease) in accrued interest payable and other liabilities 55,311 46,959 (16,036)
Net cash provided by operating activities 472,694 646,355 506,526
CASH FLOWS FROM INVESTING ACTIVITIES:      
Proceeds from maturities, sales and principal paydowns of held to maturity securities 1,786,621 1,704,866 2,162,893
Purchase of held to maturity securities (211,391) (24,886) (3,922,086)
Proceeds from maturities, sales and principal paydowns of available for sale securities 23,215,456 15,728,743 17,332,961
Purchase of available for sale securities (23,053,385) (15,525,924) (17,280,514)
Originations of Warehouse Purchase Program loans (15,036,906) (13,022,395) (19,072,964)
Proceeds from pay-offs of Warehouse Purchase Program loans 14,778,248 12,940,770 20,108,043
Net decrease (increase) in loans held for investment 338,834 (677,363) (1,265,391)
Purchase of bank premises and equipment (21,140) (34,153) (42,421)
Proceeds from sale of bank premises, equipment and other real estate 13,479 15,375 10,074
Proceeds from insurance claims 1,904 13,604 5,778
Net cash provided by (used in) investing activities 1,981,575 1,094,272 (1,963,627)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net (decrease) increase in noninterest-bearing deposits (383,877) (1,831,122) 165,414
Net increase (decrease) in interest-bearing deposits 345,167 (1,099,987) (2,403,334)
Net (repayments of) proceeds from other short-term borrowings (525,000) 1,674,614 1,850,000
Net decrease in securities sold under repurchase agreements (87,364) (168,731) (19,965)
Redemption of subordinated notes   (3,158)  
Repurchase of common stock (74,766) (72,248) (65,721)
Payments of cash dividends (214,375) (205,715) (193,140)
Net cash used in financing activities (940,215) (1,706,347) (666,746)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 1,514,054 34,280 (2,123,847)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 458,413 424,133 2,547,980
CASH AND CASH EQUIVALENTS, END OF PERIOD 1,972,467 458,413 424,133
NONCASH ACTIVITIES:      
Acquisition of real estate through foreclosure of collateral 9,180 10,806 2,424
SUPPLEMENTAL INFORMATION:      
Income taxes paid 29,017 119,116 131,372
Interest paid 590,127 459,266 $ 86,370
First Bancshares of Texas, Inc. [Member]      
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit losses   12,000  
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 $ 0