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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities    
Net income $ 206,335 $ 177,633
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 19,500 15,500
Depreciation, amortization and accretion, net 25,625 28,570
Deferred income tax provision (benefit) 2,153 (1,224)
Stock-based compensation 11,651 9,771
Gain on property insurance proceeds   (2,559)
Other gains (44) (566)
Originations of loans held for sale (13,589) (28,866)
Proceeds from sales of loans held for sale 13,029 28,572
Net gains on investment securities (37)  
Premium paid on cash flow hedge (2,914)  
Amortization of premium on cash flow hedge 200  
Change in assets and liabilities:    
Net decrease (increase) in other assets 2,566 (46,511)
Net (decrease) increase in other liabilities (34,300) 23,368
Net cash provided by operating activities 230,175 203,688
Available-for-sale securities:    
Proceeds from maturities and principal repayments 210,983 222,716
Proceeds from calls and sales 67,434 41,350
Purchases (266,554)  
Held-to-maturity securities:    
Proceeds from maturities and principal repayments 218,516 216,595
Proceeds from calls 4,223 1,615
Other investments:    
Proceeds from sales 14,684 14,926
Purchases (19,833) (28,064)
Loans:    
Net decrease in loans and leases resulting from originations and principal repayments 306,744 120,579
Proceeds from sales of loans originated for investment   27,526
Purchases of loans (33,797) (18,012)
Proceeds from bank-owned life insurance 1,475 1,920
Purchases of bank-owned life insurance (2,000)  
Proceeds from property insurance   2,559
Purchases of premises, equipment and software (26,879) (17,419)
Proceeds from sales of other real estate owned   104
Net cash provided by investing activities 474,996 586,395
Cash flows from financing activities    
Net increase (decrease) in deposits 407,341 (1,104,955)
Proceeds from short-term borrowings   250,000
Repayment of short-term borrowings (250,000) (500,000)
Dividends paid (98,796) (99,655)
Stock tendered for payment of withholding taxes (4,011) (2,699)
Proceeds from employee stock purchase plan 130 141
Common stock repurchased (74,041)  
Stock repurchase excise tax paid in current period (341)  
Net cash used in financing activities (19,718) (1,457,168)
Net increase (decrease) in cash and cash equivalents 685,453 (667,085)
Cash and cash equivalents at beginning of period 1,170,190 1,739,897
Cash and cash equivalents at end of period 1,855,643 1,072,812
Supplemental disclosures    
Interest paid 229,460 280,018
Income taxes paid, net of income tax refunds 38,872 39,568
Noncash investing and financing activities:    
Operating lease right-of-use assets obtained in exchange for new lease obligations 2,988 3,372
Transfers to loans held for sale from loans and leases   27,096
Obligation to fund low-income housing partnerships 46,953 $ 56,640
Stock repurchase excise tax settled in subsequent period $ 664