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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flows from Operating Activities    
Interest and dividends received $ 105,673 $ 109,857
Service charges and other fees received 9,644 10,247
Interest paid (4,589) (5,336)
Net cash paid to vendors, employees and others (35,201) (60,281)
Net cash provided by operating activities 75,527 54,487
Cash Flows from Investing Activities    
Net change in interest-earning balances from depository institutions (20,868) 250
Proceeds from repayment of investment securities available-for-sale 92,519 77,303
Proceeds from maturity of investment securities available-for-sale 2,390 565
Proceeds from repayment and maturity of investment securities held-to-maturity 33,297 29,598
Purchases of investment securities held-to-maturity (1,509) (19,844)
Net increase in equity investments (2,985) (2,314)
Net decrease (increase) in loan and lease finance receivables 103,890 163,588
Proceeds from sale of building, net 0 5,487
Purchase of premises and equipment (882) (1,490)
Proceeds from BOLI death benefit 138 175
Proceeds from sales of other real estate owned 0 523
Net cash provided by investing activities 205,990 253,841
Cash Flows from Financing Activities    
Net increase (decrease) in other deposits 403,546 (156,745)
Net increase (decrease) in time deposits 5,130 (16,625)
Net decrease in other borrowings 0 (127,000)
Net (decrease) increase in customer repurchase agreements (59,744) 20,519
Cash dividends on common stock (25,252) (19,616)
Repurchase of common stock (85,018) (735)
Proceeds from exercise of stock options 42 140
Net cash provided by (used in) financing activities 238,704 (300,062)
Net increase in cash and cash equivalents 520,221 8,266
Cash and cash equivalents, beginning of period 185,518 163,948
Cash and cash equivalents, end of period 705,739 172,214
Reconciliation of Net Earnings to Net Cash Provided by Operating Activities    
Net earnings 37,980 51,642
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Gain on sale of building, net 0 (4,545)
Gain on sale of other real estate owned 0 (105)
Increase in BOLI (1,344) (1,427)
Net amortization of premiums and discounts on investment securities 2,620 2,498
Accretion of discount for acquired loans, net (4,776) (7,200)
Provision for credit losses 12,000 1,500
Stock-based compensation 1,617 1,019
Depreciation and amortization, net 5,176 5,669
Change in other assets and liabilities 22,254 5,436
Total adjustments 37,547 2,845
Net cash provided by operating activities 75,527 54,487
Supplemental Disclosure of Non-cash Investing Activities    
Transfer of loans to other real estate owned $ 0 $ 2,275