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Condensed Financial Information (Parent Company Only) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Offsetting [Abstract] |
Schedule of Condensed Balance Sheets | Condensed Balance Sheets
|  | December 31,
(In thousands) |  | 2024 |  | 2023
Assets |  |  |  |
Cash and cash equivalents |  | $ | 550,340 |  |  | $ | 484,542 |
Investment securities |  | 58,199 |  |  | 57,032 |
Investments in wholly-owned subsidiaries |  | 3,782,780 |  |  | 3,679,597 |
Premises and equipment |  | 221 |  |  | — |
Other assets |  | 16,959 |  |  | 18,049 |
Total assets |  | $ | 4,408,499 |  |  | $ | 4,239,220 |
Liabilities |  |  |  |
Subordinated debentures |  | $ | 439,246 |  |  | $ | 439,834 |
Other liabilities |  | 8,228 |  |  | 8,311 |
Total liabilities |  | 447,474 |  |  | 448,145 |
Stockholders' Equity |  |  |  |
Common stock |  | 1,989 |  |  | 2,015 |
Capital surplus |  | 2,272,794 |  |  | 2,348,023 |
Retained earnings |  | 1,942,350 |  |  | 1,690,112 |
Accumulated other comprehensive loss |  | (256,108) |  |  | (249,075) |
Total stockholders' equity |  | 3,961,025 |  |  | 3,791,075 |
Total liabilities and stockholders' equity |  | $ | 4,408,499 |  |  | $ | 4,239,220 |
Schedule of Condensed Statements of Income | Condensed Statements of Income
| Years Ended December 31,
(In thousands) | 2024 |  | 2023 |  | 2022
Income |  |  |  |  |
Dividends from equity securities | $ | 3,589 |  |  | $ | 3,634 |  |  | $ | 2,088 |
Dividends from banking subsidiary | 311,127 |  |  | 329,997 |  |  | 216,086 |
Other income (loss) | 3,842 |  |  | (724) |  |  | (1,297) |
Total income | 318,558 |  |  | 332,907 |  |  | 216,877 |
Expenses | 32,570 |  |  | 32,361 |  |  | 38,933 |
Income before income taxes and equity in undistributed net income of subsidiaries | 285,988 |  |  | 300,546 |  |  | 177,944 |
Tax benefit for income taxes | 6,036 |  |  | 7,514 |  |  | 10,752 |
Income before equity in undistributed net income of subsidiaries | 292,024 |  |  | 308,060 |  |  | 188,696 |
Equity in undistributed net income of subsidiaries | 110,217 |  |  | 84,869 |  |  | 116,566 |
Net income | $ | 402,241 |  |  | $ | 392,929 |  |  | $ | 305,262 |
Schedule of Condensed Statements of Cash Flows | Condensed Statements of Cash Flows
|  | Years Ended December 31,
(In thousands) |  | 2024 |  | 2023 |  | 2022
Cash flows from operating activities |  |  |  |  |  |
Net income |  | $ | 402,241 |  |  | $ | 392,929 |  |  | $ | 305,262 |
Items not requiring (providing) cash |  |  |  |  |  |
(Accretion)/ amortization |  | (588) |  |  | (586) |  |  | 1,912 |
Share-based compensation |  | 9,222 |  |  | 9,274 |  |  | 9,133 |
(Increase) decrease in value of equity securities |  | (2,971) |  |  | 1,094 |  |  | 1,272 |
Equity in undistributed income of subsidiaries |  | (110,217) |  |  | (84,869) |  |  | (116,566) |
Changes in other assets |  | (542) |  |  | (364) |  |  | (4,149) |
Changes in other liabilities |  | (82) |  |  | (155) |  |  | 2,290 |
Net cash provided by operating activities |  | 297,063 |  |  | 317,323 |  |  | 199,154 |
Cash flows from investing activities |  |  |  |  |  |
Purchases of premises and equipment, net |  | (221) |  |  | — |  |  | — |
Net cash proceeds from Happy Bancshares, Inc. |  | — |  |  | — |  |  | 201,428 |
Purchases of equity securities |  | — |  |  | — |  |  | (49,975) |
Proceeds from sale of equity securities |  | 3,436 |  |  | 1,522 |  |  | 13,778 |
Redemptions of other investments |  | — |  |  | — |  |  | 2,899 |
Net cash provided by investing activities |  | 3,215 |  |  | 1,522 |  |  | 168,130 |
Cash flows from financing activities |  |  |  |  |  |
Retirement of subordinated debentures |  | — |  |  | — |  |  | (300,000) |
Proceeds from the issuance of subordinated debentures |  | — |  |  | — |  |  | 296,324 |
Redemption of trust preferred securities |  | — |  |  | — |  |  | (96,499) |
Proceeds from exercise of stock options |  | 2,016 |  |  | 802 |  |  | 156 |
Repurchase of common stock |  | (86,493) |  |  | (48,771) |  |  | (70,856) |
Dividends paid |  | (150,003) |  |  | (145,904) |  |  | (128,424) |
Net cash used in financing activities |  | (234,480) |  |  | (193,873) |  |  | (299,299) |
Increase in cash and cash equivalents |  | 65,798 |  |  | 124,972 |  |  | 67,985 |
Cash and cash equivalents, beginning of year |  | 484,542 |  |  | 359,570 |  |  | 291,585 |
Cash and cash equivalents, end of year |  | $ | 550,340 |  |  | $ | 484,542 |  |  | $ | 359,570 |

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