XML 128 R117.htm IDEA: XBRL DOCUMENT v3.24.0.1
Condensed Financial Information of Parent Company - Condensed Statements of Cash Flows (Detail) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Adjustments to reconcile net earnings to cash used in operating activities:      
Stock-based compensation $ 9,439 $ 7,901 $ 5,183
Total adjustments 74,197 38,306 (17,279)
Net cash provided by operating activities 295,632 273,731 195,242
Cash Flows from Investing Activities      
Net cash provided by (used in) investing activities 536,276 (1,176,966) (1,730,491)
Cash Flows from Financing Activities      
Cash dividends on common stock (111,686) (104,439) (97,733)
Proceeds from exercise of stock options 210 1,923 1,277
Repurchase of common stock (21,216) (46,330) (8,337)
Net cash (used in) provided by financing activities (754,084) (625,852) 1,309,637
Net increase (decrease) in cash and cash equivalents 77,824 (1,529,087) (225,612)
Cash and cash equivalents, beginning of period 203,461    
Cash and cash equivalents, end of period 281,285 203,461  
Parent Company [Member]      
Cash Flows from Operating Activities      
Net earnings 234,124 235,425 212,521
Adjustments to reconcile net earnings to cash used in operating activities:      
Earnings of subsidiaries (226,932) (240,512) (217,099)
Tax settlement received from the Bank 2,265 0 7,659
Stock-based compensation 9,439 7,901 5,183
Other operating activities, net 1,797 (1,136) (888)
Total adjustments (217,025) (233,747) (205,145)
Net cash provided by operating activities 17,099 1,678 7,376
Cash Flows from Investing Activities      
Dividends received from the Bank 127,000 195,000 129,000
Net cash provided by (used in) investing activities 127,000 195,000 129,000
Cash Flows from Financing Activities      
Repayment of junior subordinated debentures 0 0 (25,774)
Cash dividends on common stock (111,686) (104,439) (97,733)
Proceeds from exercise of stock options 210 1,923 1,277
Repurchase of common stock (21,216) (46,330) (8,337)
Repurchase of common stock, ASR 0 (70,000) (0)
Net cash (used in) provided by financing activities (132,692) (218,846) (130,567)
Net increase (decrease) in cash and cash equivalents 11,407 (22,168) 5,809
Cash and cash equivalents, beginning of period 39,285 61,453 55,644
Cash and cash equivalents, end of period $ 50,692 $ 39,285 $ 61,453