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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net income $ 149,296 $ 141,353
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 9,313 10,071
Amortization of intangible assets 3,683 4,026
Provision for credit losses 23,772 37,732
Deferred income tax expense 7,402 2,419
Stock-based compensation 4,847 3,997
Gain on early extinguishment of debt 0 (1,605)
Unrealized gain on derivative instruments (353) (291)
Net gain on disposals or sales, and impairments of premises and equipment and other assets (69) (235)
Net gain on sales of loans and loans held-for-sale valuation adjustments (1,599) (989)
Net amortization of discounts, premiums, and deferred loan fees and costs 323 686
Originations and purchases of loans held for sale (76,592) (88,696)
Sales and repayments of loans held for sale 74,222 85,398
Amortization of broker placement fees 299 128
Net amortization of premiums and discounts on investment securities 2,181 2,117
(Increase) decrease in accrued interest receivable (142) 1,849
Increase in accrued interest payable 9,351 9,369
Increase in other assets (2,889) (5,566)
Decrease in other liabilities (13,656) (35,307)
Net cash provided by operating activities 189,389 166,456
Cash flows from investing activities:    
Net disbursements on loans held for investment (307,677) (226,714)
Proceeds from sales of loans held for investment 10,162 3,183
Proceeds from sales of repossessed assets 37,499 26,360
Purchases of availalbe-for-sale debt securities (28,037) (961)
Proceeds from principal repayments and maturities of available-for-sale debt securities 293,931 217,745
Proceeds from principal repayments of held-to-maturity debt securities 10,726 13,832
Additions to premises and equipment (5,857) (16,211)
Proceeds from sales of premises and equipment and other assets 1,317 578
Net (purchases) redemptions of other investment securities (1,388) 7,219
Proceeds from the settlement of insurance claims - investing activities 670 0
Net cash provided by investing activities 11,346 25,031
Cash flows from financing activities:    
Net (decrease) increase in deposits (122,546) 675,911
Net repayments of short-term borrowings 0 (476,199)
Repayments of long-term borrowings 0 (19,795)
Proceeds from long-term borrowings 0 300,000
Repurchase of outstanding common stock (101,599) (53,217)
Dividends paid on common stock (53,472) (51,158)
Net cash (used in) provided by financing activities (277,617) 375,542
Net (decrease) increase in cash and cash equivalents (76,882) 567,029
Cash and cash equivalents at beginning of year 663,164 480,505
Cash and cash equivalents at end of period 586,282 1,047,534
Cash and cash equivalents include:    
Cash and due from banks 581,843 1,046,534
Money market investments 4,439 1,000
Cash and Cash Equivalents, at Carrying Value, Total $ 586,282 $ 1,047,534