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PARENT COMPANY FINANCIAL INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2023
Condensed Financial Information Disclosure [Abstract] |
Financial Information for the Parent Company - Balance Sheets | Financial information for the Parent Company is as follows: PARENT COMPANY CONDENSED BALANCE SHEETS AS OF DECEMBER 31, 2023 and 2022 (Dollars in thousands) ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022
ASSETS |  | ​ |  |  | ​ |
Cash | ​ | $ | 32,336 | ​ | $ | 17,472
Other assets | ​ |  | 30,344 | ​ |  | 41,942
Investment in subsidiaries | ​ |  | 2,927,459 | ​ |  | 2,748,863
Total assets | ​ | $ | 2,990,139 | ​ | $ | 2,808,277
LIABILITIES AND STOCKHOLDERS' EQUITY | ​ |  |  | ​ |  |
Long-term borrowings | ​ | $ | 247,516 | ​ | $ | 247,205
Trust preferred capital notes | ​ |  | 143,509 | ​ |  | 142,658
Other liabilities | ​ |  | 42,787 | ​ |  | 45,677
Total liabilities | ​ |  | 433,812 | ​ |  | 435,540
Total stockholders' equity | ​ |  | 2,556,327 | ​ |  | 2,372,737
Total liabilities and stockholders' equity | ​ | $ | 2,990,139 | ​ | $ | 2,808,277
Financial Information for the Parent Company - Statements of Income and Comprehensive Income | PARENT COMPANY CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS) YEARS ENDED DECEMBER 31, 2023, 2022, and 2021 (Dollars in thousands) ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022 |  | 2021
Income: |  | ​ |  |  | ​ |  |  | ​ |
Dividends received from subsidiaries | ​ | $ | 122,000 | ​ | $ | 102,215 | ​ | $ | 119,500
Other operating income | ​ |  | (1,136) | ​ |  | (286) | ​ |  | 3,770
Total income | ​ |  | 120,864 | ​ |  | 101,929 | ​ |  | 123,270
Expenses: | ​ |  |  | ​ |  |  | ​ |  |
Interest expense | ​ |  | 19,511 | ​ |  | 14,477 | ​ |  | 13,210
Other operating expenses | ​ |  | 12,479 | ​ |  | 9,819 | ​ |  | 17,471
Total expenses | ​ |  | 31,990 | ​ |  | 24,296 | ​ |  | 30,681
Income before income taxes and equity in undistributed net income from subsidiaries | ​ |  | 88,874 | ​ |  | 77,633 | ​ |  | 92,589
Income tax benefit | ​ |  | (9,210) | ​ |  | (10,892) | ​ |  | (12,626)
Equity in undistributed net income from subsidiaries | ​ |  | 103,734 | ​ |  | 145,985 | ​ |  | 158,702
Net income | ​ | $ | 201,818 | ​ | $ | 234,510 | ​ | $ | 263,917
Comprehensive income (loss) | ​ | $ | 276,755 | ​ | $ | (202,411) | ​ | $ | 211,537
Financial Information for the Parent Company - Statements of Cash Flows | PARENT COMPANY CONDENSED STATEMENTS OF CASH FLOWS YEARS ENDED DECEMBER 31, 2023, 2022, and 2021 (Dollars in thousands) ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022 |  | 2021
Operating activities: |  | ​ |  |  | ​ |  |  | ​ |
Net income | ​ | $ | 201,818 | ​ | $ | 234,510 | ​ | $ | 263,917
Adjustments to reconcile net income to net cash provided by (used in) operating activities: | ​ |  |  | ​ |  |  | ​ |  |
Equity in undistributed net income of subsidiaries | ​ |  | (103,734) | ​ |  | (145,985) | ​ |  | (158,702)
Non-cash dividend | ​ | ​ | — | ​ | ​ | (27,215) | ​ | ​ | —
Depreciation of premises and equipment | ​ |  | — | ​ |  | — | ​ |  | 414
Write-down of corporate facilities | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 7,429
Acquisition accounting amortization, net | ​ |  | 851 | ​ |  | 829 | ​ |  | 806
Issuance of common stock for services | ​ |  | 735 | ​ |  | 819 | ​ |  | 567
Net decrease (increase) in other assets | ​ |  | 3,256 | ​ |  | (9,663) | ​ |  | (10,726)
Net increase in other liabilities | ​ |  | 24,302 | ​ |  | 11,370 | ​ |  | 12,944
Net cash provided by operating activities | ​ |  | 127,228 | ​ |  | 64,665 | ​ |  | 116,649
Investing activities: | ​ |  |  | ​ |  |  | ​ |  |
Proceeds from sale of former bank premises | ​ |  | — | ​ |  | 2,524 | ​ |  | —
Increase in equity method investments | ​ | ​ | (7,363) | ​ | ​ | (8,830) | ​ | ​ | (4,188)
Net cash used in investing activities | ​ |  | (7,363) | ​ |  | (6,306) | ​ |  | (4,188)
Financing activities: | ​ |  |  | ​ |  |  | ​ |  |
Repayments of long-term borrowings | ​ |  | — | ​ |  | — | ​ |  | (150,000)
Net proceeds from issuance of long-term borrowings | ​ |  | — | ​ |  | — | ​ |  | 246,869
Cash dividends paid - common stock | ​ |  | (91,417) | ​ |  | (86,899) | ​ |  | (84,307)
Cash dividends paid - preferred stock | ​ | ​ | (11,868) | ​ | ​ | (11,868) | ​ | ​ | (11,868)
Repurchase of common stock | ​ |  | — | ​ |  | (48,231) | ​ |  | (125,000)
Issuance of common stock | ​ | ​ | 778 | ​ | ​ | 3,875 | ​ | ​ | 3,141
Vesting of restricted stock, net of shares held for taxes | ​ |  | (2,494) | ​ |  | (3,228) | ​ |  | (2,580)
Net cash used in financing activities | ​ |  | (105,001) | ​ |  | (146,351) | ​ |  | (123,745)
Increase (decrease) in cash and cash equivalents | ​ |  | 14,864 | ​ |  | (87,992) | ​ |  | (11,284)
Cash, cash equivalents and restricted cash at beginning of the period | ​ |  | 17,472 | ​ |  | 105,464 | ​ |  | 116,748
Cash, cash equivalents and restricted cash at end of the period | ​ | $ | 32,336 | ​ | $ | 17,472 | ​ | $ | 105,464
​

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