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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net Income $ 288,743 $ 284,280 $ 286,981
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit losses 71,636 54,036 28,021
Depreciation and amortization of premises and equipment 39,164 30,055 30,201
Net amortization of investment securities premiums 764 11,231 12,824
Accretion (Amortization) of Loan Discounts (38,748) 0 0
Investment securities losses, net 20,283 733 27
Gain on sales of mortgage loans held for sale (8,186) (5,094) (8,816)
Proceeds from sales of mortgage loans held for sale 547,691 363,406 455,607
Originations of mortgage loans held for sale (549,965) (366,206) (418,287)
Intangible amortization 17,830 2,944 1,731
Amortization of issuance costs and discounts on long-term borrowings 710 750 724
Business Combination, Bargain Purchase, Gain Recognized, Amount (36,996) 0 0
Gain (Loss) on Disposition of Property Plant Equipment (30) 0 0
Sale and Leaseback Transaction, Gain (Loss), Net (20,266) 0 0
Stock-based compensation 10,516 12,540 14,000
Net change in deferred income tax (23,187) 24,666 (117,849)
Net change in accrued salaries and benefits 19,463 (5,868) 12,826
Net change in life insurance cash surrender value (19,872) (27,664) (95,702)
Other changes, net 97,015 (16,825) 392,503
Total adjustments 127,822 78,704 307,810
Net Cash Provided by Operating Activities 416,565 362,984 594,791
CASH FLOWS FROM INVESTING ACTIVITIES:      
Proceeds from sales of AFS securities 2,300,487 213,424 196,411
Proceeds from principal repayments and maturities of AFS securities 334,405 149,211 583,444
Proceeds from principal repayments and maturities of HTM securities 56,455 59,685 109,759
Purchase of AFS securities (1,744,778) (79,053) (845,744)
Purchase of HTM securities (177,947) 0 (30,959)
Net change in FRB and FHLB stock 22,762 5,781 (72,551)
Net change in loans (149,081) (1,100,816) (1,407,289)
Net purchases of premises and equipment (42,453) (32,958) (21,246)
Settlement of bank owned life insurance 2,687 2,264 3,474
Proceeds from Sale-Leaseback Transaction 51,123 0 0
Net cash received (paid) for acquisitions 1,018,371 0 (21,811)
Net change in tax credit investments (42,699) (26,753) (29,071)
Net Cash Provided by (Used in) Investing Activities 1,629,332 (809,215) (1,535,583)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net change in demand and savings deposits 478,593 (1,198,222) (1,198,319)
Net change in time deposits and brokered deposits 1,074 2,086,307 (257,823)
Net change in other borrowings (1,951,161) (379,431) 1,629,870
Repayments of senior debt and subordinated debt 168,778 5,000 81,496
Net proceeds from common stock 270,582 3,160 7,876
Dividends paid (131,698) (115,738) (116,009)
Acquisition of treasury stock (30,348) (77,056) 0
Net Cash (Used in) Provided by Financing Activities (1,531,736) 314,020 (15,901)
Net Increase in Cash and Cash Equivalents 514,161 (132,211) (956,693)
Cash and Cash Equivalents at Beginning of Year 549,710 681,921 1,638,614
Cash and Cash Equivalents at End of Year 1,063,871 549,710 681,921
Cash paid during period for:      
Interest 658,778 394,052 80,019
Income taxes 29,116 25,319 32,669
Supplemental schedule of certain noncash activities      
Transfer of AFS securities to HTM securities 0 0 479,008
Noncash or Part Noncash Acquisition, Fair Value of Tangible Assets Acquired 4,707,290 0 0
Noncash or Part Noncash Acquisition, Intangible Assets Acquired 92,600 0 0
Noncash or Part Noncash Acquisition, Value of Liabilities Assumed 5,561,979 0 0
Noncash or Part Noncash Acquisition, Purchase Credit Deteriorated Loans, Credit Discount $ 54,631 $ 0 $ 0