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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating activities:    
Net income $ 88,787 $ 54,089
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 6,676 6,544
Amortization of intangible assets 7,453 7,372
Net amortization on securities, loans and borrowings 4,521 1,749
Stock-based compensation 4,423 4,194
Gain on debt extinguishment 0 (242)
Provision for credit losses 8,856 4,252
Amortization of mortgage servicing rights 365 452
Loss on sales of investment securities 232 52,329
Unrealized (gain) loss on equity securities (883) 50
Income from bank-owned life insurance policies (1,209) (1,166)
Net gain on sale of assets (959) (1,061)
Change in other assets and liabilities 1,418 (9,706)
Net cash provided by operating activities 119,680 118,856
Investing activities:    
Proceeds from maturities, calls, and paydowns of available-for-sale investment securities 32,922 394,452
Proceeds from maturities, calls, and paydowns of held-to-maturity investment securities 1,678 24
Proceeds from maturities and redemptions of equity and other investment securities, net 140 23,823
Proceeds from sales of available-for-sale investment securities 30,991 733,789
Purchases of held-to-maturity investment securities (85,925) (9,778)
Purchases of equity and other securities, net (12,611) (3,540)
Net increase in loans (335,720) (373,950)
Cash paid for acquisitions, net of cash received (10,464) (6,376)
Proceeds from sales of premises, equipment and other assets 1,641 4,367
Purchases of premises and equipment (8,569) (6,941)
Net cash (used in) provided by investing activities (385,917) 755,870
Financing activities:    
Net increase (decrease) in deposits 209,767 (140,522)
Net increase (decrease) in overnight borrowings 124,600 (534,400)
Net decrease in securities sold under agreement to repurchase, short-term (89,142) (113,183)
Proceeds from other Federal Home Loan Bank borrowings 150,000 0
Payments on and maturities of other Federal Home Loan Bank borrowings (23,895) (2,239)
Payments of contingent consideration for acquisitions (881) 0
Redemption of subordinated notes payable 0 (3,000)
Proceeds from issuance of common stock 1,394 664
Purchases of treasury stock (45,936) (20,679)
Increase in deferred compensation arrangements 0 111
Cash dividends paid (47,863) (47,442)
Withholding taxes paid on share-based compensation (1,276) (1,153)
Net cash provided by (used in) financing activities 276,768 (861,843)
Change in cash and cash equivalents 10,531 12,883
Cash and cash equivalents at beginning of period 190,962 209,896
Cash and cash equivalents at end of period 201,493 222,779
Supplemental disclosures of cash flow information:    
Cash paid for interest 92,298 36,408
Cash paid for income taxes 16,764 18,478
Supplemental disclosures of noncash financing and investing activities:    
Dividends declared and unpaid 23,828 23,735
Transfers from loans to other real estate 987 232
Transfers from premises and equipment, net to other assets 0 1,948
Finance lease right of use asset in exchange for finance lease liability 5,327 0
Acquisitions:    
Fair value of assets acquired, excluding acquired cash and intangibles 574 60
Fair value of liabilities assumed 1,940 9
Contingent consideration in exchange for acquired assets $ 3,416 $ 0