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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating Activities    
Net Income $ 110,832 $ 140,806
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Provision for Credit Losses 7,400 6,500
Depreciation and Amortization 15,441 16,219
Amortization of Deferred Loan and Lease (Fes) Costs, Net (160) 580
Amortization and Accretion of Premiums/Discounts on Investment Securities, Net 9,257 10,019
Amortization of Operating Lease Right-of-Use Assets 8,699 8,816
Share-Based Compensation 11,051 11,979
Benefit Plan Contributions (1,593) (1,474)
Deferred Income Taxes (7,284) (2,041)
Net Gains on Sales of Loans and Leases (1,793) (1,688)
Net Losses on Sales of Investment Securities 4,201 9,836
Proceeds from Sales of Loans Held for Sale 42,356 39,999
Originations of Loans Held for Sale (43,927) (40,734)
Net Change in Other Assets and Other Liabilities (69,544) (74,247)
Net Cash Provided by Operating Activities 84,936 124,570
Investment Securities Available-for-Sale:    
Proceeds from Prepayments and Maturities 154,780 407,947
Purchases (237,059) (396)
Investment Securities Held-to-Maturity:    
Proceeds from Prepayments and Maturities 299,561 339,563
Net Change in Loans and Leases 40,884 (277,860)
Purchases of Premises and Equipment (12,486) (5,536)
Net Cash Provided by Investing Activities 245,680 463,718
Financing Activities    
Net Change in Deposits (76,723) 186,613
Net Change in Short-Term Borrowings (50,000) (575,000)
Proceeds from Long-Term Debt   1,350,000
Repayments of Long-Term Debt (81) (1,200,077)
Net Proceeds from Issuance of Preferred Stock 160,614  
Proceeds from Issuance of Common Stock 4,118 4,423
Repurchase of Common Stock (5,141) (14,056)
Cash Dividends Paid on Common Stock (84,209) (83,824)
Cash Dividends Paid on Preferred Stock (7,375) (5,908)
Net Cash Used in Financing Activities (58,797) (337,829)
Net Change in Cash and Cash Equivalents 271,819 250,459
Cash and Cash Equivalents at Beginning of Period 1,000,944 401,767
Cash and Cash Equivalents at End of Period 1,272,763 652,226
Supplemental Information    
Cash Paid for Interest 298,722 195,051
Cash Paid for Income Taxes 23,832 39,471
Non-Cash Investing and Financing Activities:    
Transfer from Loans to Foreclosed Real Estate $ 708 567
Transfer from Loans Held for Sale to Loans   $ 569