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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income $ 223,375 $ 231,898
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 15,274 16,810
Amortization of intangible assets 5,889 6,689
Provision for credit losses 42,128 11,984
Deferred income tax expense 5,539 42,382
Stock-based compensation 5,898 3,994
Gain on early extinguishment of debt (1,605) 0
Unrealized gain on derivative instruments (464) (1,502)
Net gain on disposals or sales, and impairments of premises and equipment and other assets (235) (897)
Net gain on sales of loans and loans held-for-sale valuation adjustments (1,422) (4,827)
Net amortization of discounts, premiums, and deferred loan fees and costs 839 (7,532)
Originations and purchases of loans held for sale (125,886) (184,544)
Sales and repayments of loans held for sale 126,800 204,182
Amortization of broker placement fees 216 89
Net amortization of premiums and discounts on investment securities 3,836 2,648
Decrease in accrued interest receivable 3,545 85
Increase (decrease) in accrued interest payable 13,729 (1,467)
(Increase) decrease in other assets 6,077 663
(Decrease) increase in other liabilities (39,810) 14,097
Net cash provided by operating activities 283,723 334,752
Cash flows from investing activities:    
Net disbursements on loans held for investment (485,198) (308,386)
Proceeds from sales of loans held for investment 6,663 39,069
Proceeds from sales of repossessed assets 40,384 31,638
Purchases of available-for-sale securities (5,458) (512,327)
Proceeds from principal repayments and maturities of available-for-sale debt securities 393,958 515,602
Purchases of held-to-maturity debt securities 0 (289,784)
Proceeds from principal repayments and maturities of held-to-maturity debt securities 79,889 23,320
Additions to premises and equipment (19,938) (15,442)
Proceeds from sales of premises and equipment and other assets 578 1,138
Net redemptions of other investments securities 6,520 6,988
Proceeds from the settlement of insurance claims - investing activities 133 0
Net cash provided by (used in) investing activities 17,531 (508,184)
Cash flows from financing activities:    
Net increase (decrease) in deposits 275,825 (1,221,614)
Net repayments of short-term borrowings (550,133) 0
Repayments of long-term borrowings (19,795) (300,000)
Proceeds from long-term borrowings 300,000 0
Repurchase of outstanding common stock (126,918) (227,256)
Dividends paid on common stock (75,825) (65,766)
Net cash used in financing activities (196,846) (1,814,636)
Net increase (decrease) in cash and cash equivalents 104,408 (1,988,068)
Cash and cash equivalents at beginning of year 480,505 2,543,058
Cash and cash equivalents at end of period 584,913 554,990
Cash and cash equivalents include:    
Cash and due from banks 583,913 552,933
Money market investments 1,000 2,057
Cash and Cash Equivalents, at Carrying Value, Total $ 584,913 $ 554,990