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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating activities:      
Net income $ 409,167 $ 411,768 $ 300,232
Adjustments to reconcile net income to net cash provided by operating activities:      
Credit loss expense 31,802 34,576 21,651
Specific reserve, other real estate owned 632 2,538 1,627
Depreciation of bank premises and equipment 22,524 21,944 21,821
Gain on sale of bank premises and equipment (378) (198) (3,110)
Loss (gain) on sale of other real estate owned 182 (7,370) (2,096)
Accretion of investment securities discounts (3,022) (1,913) (1,785)
Amortization of investment securities premiums 5,553 6,901 13,907
Investment securities transactions, net 1 3  
Unrealized loss (gain) on equity securities with readily determinable fair values 24 (59) 721
Stock based compensation expense 214 330 449
Earnings from affiliates and other investments (7,360) (983) (15,894)
Deferred tax (benefit) expense (11,466) 22,950 10,619
Increase in accrued interest receivable (6,873) (19,515) (15,194)
(Increase) decrease in other assets (8,067) (7,297) 12,975
Increase in other liabilities 41,015 10,757 42,018
Net cash provided by operating activities 473,948 474,432 387,941
Investing activities:      
Proceeds from maturities of securities 2,075 51,167 2,200
Proceeds from sales and calls of available for sale securities 3,750 2,045 800
Purchases of available for sale securities (984,543) (1,079,215) (1,455,249)
Principal collected on mortgage backed securities 833,690 629,194 756,092
Net increase in loans (812,477) (632,976) (228,340)
Purchases of other investments (48,052) (31,256) (79,669)
Distributions from other investments 32,007 12,175 8,886
Purchases of bank premises and equipment (14,147) (27,497) (19,213)
Proceeds from sales of bank premises and equipment 874 269 13,496
Proceeds from sales of other real estate owned 1,760 8,888 8,969
Net cash used in investing activities (985,063) (1,067,206) (992,028)
Financing activities:      
Net (decrease) increase in non-interest bearing demand deposits (418,501) (815,210) 7,529
Net increase (decrease) in savings and interest bearing demand deposits 231,425 (377,236) 155,220
Net increase (decrease) in time deposits 474,366 356,993 (120,619)
Net increase (decrease) in securities sold under repurchase agreements 4,906 99,225 (8,481)
Net decrease in other borrowed funds (204) (199) (425,194)
Redemption of long-term debt   (25,774)  
Purchase of treasury stock (963) (4,611) (52,048)
Proceeds from stock transactions 3,758 1,167 1,537
Payments of cash dividends (82,078) (78,247) (75,375)
Net cash provided by (used in) financing activities 212,709 (843,892) (517,431)
Decrease in cash and cash equivalents (298,406) (1,436,666) (1,121,518)
Cash and cash equivalents at beginning of period 651,058 2,087,724 3,209,242
Cash and cash equivalents at end of period 352,652 651,058 2,087,724
Supplemental cash flow information:      
Interest paid 201,827 117,936 36,355
Income taxes paid 51,239 69,799 22,118
Non-cash investing and financing activities:      
Purchases of available-for-sale securities not yet settled     80,000
Net transfers from loans to other real estate owned 3,727 $ 600 835
Net transfers from loans to other investments $ 25,551    
Net transfers from bank premises and equipment to other assets     $ 2,476