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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net earnings $ 53,568 $ 30,852
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:    
Depreciation and amortization 13,027 13,875
Amortization of net premiums on investment securities 5,068 6,138
Accretion of net purchased loan discounts and deferred loan fees (21,181) (24,087)
Amortization of intangible assets 7,160 8,404
Amortization of operating lease ROU assets 5,895 8,204
Provision for credit losses 9,300 10,000
Loss (gain) on sale of foreclosed assets 17 (321)
Provision for losses on foreclosed assets 265 297
(Gain) loss on sale of loans and leases (211) 448
Gain on sale of premises and equipment 0 (1)
Unrealized (gain) loss on derivatives, foreign currencies, and credit-linked notes, net (279) 513
LOCOM HFS adjustment 0 (330)
Earned stock compensation 5,495 4,656
Decrease in other assets 12,301 31,579
Decrease in accrued interest payable and other liabilities (75,303) (178,623)
Net cash provided by (used in) operating activities 15,122 (88,396)
Cash flows from investing activities:    
Net increase in loans and leases (337,351) (202,957)
Proceeds from sales of loans and leases 1,301 273,241
Proceeds from maturities and paydowns of securities available-for-sale 97,893 44,517
Purchases of securities available-for-sale (148,541) (5,558)
Proceeds from maturities and paydowns of securities held-to-maturity 310 294
Purchases of FHLB and FRB stock (7,557) (2,968)
Proceeds from sales of foreclosed assets 5,316 5,893
Purchases of premises and equipment, net (1,525) (1,942)
Proceeds from sales of premises and equipment 0 2
Net decrease (increase) in equipment leased to others under operating leases 5,415 (3,120)
Net cash (used in) provided by investing activities (384,739) 107,402
Cash flows from financing activities:    
Net (decrease) increase in noninterest-bearing deposits (125,963) 59,354
Net increase (decrease) in interest-bearing deposits 127,245 (1,568,716)
Repayments of borrowings (1,014) (1,074,191)
Proceeds from borrowings 279,842 300,000
Common shares repurchased under Stock Repurchase Program (38,931) 0
Common shares purchased under Dividend Reinvestment Plan 72 70
Restricted stock surrendered (2,699) (1,238)
Preferred stock dividends paid (9,947) (9,947)
Common stock dividends paid (17,311) (16,686)
Net cash provided by (used in) by financing activities 211,294 (2,311,354)
Net decrease in cash, cash equivalents, and restricted cash (158,323) (2,292,348)
Cash, cash equivalents, and restricted cash, beginning of period 2,502,212 5,377,576
Cash, cash equivalents, and restricted cash, end of period 2,343,889 3,085,228
Supplemental disclosures of cash flow information:    
Cash paid for interest 180,996 360,934
Cash received for income taxes (256) (7,193)
Loans transferred to foreclosed assets 1,354 10,964
Transfers from loans held for investment to loans held for sale 0 7,466
Transfers to loans held for investment from loans held for sale $ 0 $ 1,179