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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating activities    
Net income $ 136,070 $ 92,821
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for (recapture of) credit losses 21,204 (6,601)
Depreciation and amortization 15,036 16,107
Stock-based compensation expense 8,791 5,828
Pension expense (income) 1,752 1,179
Net amortization (accretion) on investment securities 3,779 7,630
Net (gain) loss on sales of investment securities 403 (3)
Unrealized gain (loss) on equity securities (58) 1,253
Originations of loans held for sale (126,746) (207,855)
Net gains from sales of loans held for sale (6,174) (9,113)
Proceeds from sales of loans held for sale 124,350 211,009
Deferred income taxes 8,762 10,086
Operating Lease, Right-of-Use Asset, Amortization Expense 3,791 3,802
Payments for operating leases (3,924) (3,902)
Decrease (increase) cash surrender value of life insurance 2,250 1,085
Decrease (increase) in interest receivable (2,997) (2,026)
(Decrease) increase in interest payable 30,939 232
Decrease (increase) in other assets 132,084 (32,908)
(Decrease) increase in other liabilities (65,747) 179,297
Net cash provided by (used in) operating activities 279,065 265,751
Investing activities    
Proceeds from Sale of Debt Securities, Available-for-sale 4,750 5,003
Proceeds from calls, paydowns and maturities of securities available-for-sale 194,099 443,254
Payments to Acquire Debt Securities, Available-for-sale 35,718 403,863
Proceeds from calls, paydowns and maturities of securities held-to-maturity 1,748 10,500
Payments to Acquire Other Investments 866 30,441
Proceeds from Maturities, Prepayments and Calls of Other Investments 2,192 8
Net decrease (increase) in interest-bearing deposits with other banks (97,059) 29,837
Net decrease (increase) in loans and leases (256,030) (123,568)
Proceeds from disposal of other real estate owned 85 170
Purchases of premises and equipment (12,033) (7,237)
Net change in operating leases (40,534) (20,358)
Proceeds from Life Insurance Policy 1,620 3,502
Net cash provided by (used in) investing activities (241,241) (93,193)
Financing activities    
Net (decrease) increase in total deposits 93,701 (594,843)
Net (decrease) increase in short-term borrowings (70,873) 599,797
Payments of long-term debt 7,088 51,634
Cash dividends paid on common stock (43,728) (43,537)
Proceeds from exercise of stock options 48 177
Net cash provided by (used in) financing activities (27,940) (90,040)
Cash and due from banks:    
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 9,884 82,518
Cash and due from bank at beginning of period 207,501 220,031
Cash and due from bank at end of period 217,385 302,549
Supplemental Disclosures    
Interest Paid 82,987 16,200
Income Taxes Paid 7,717 4,307
Supplemental schedule for investing activities    
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets, Net Of Purchase Consideration (3,380) 1,028
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities 941 238
Goodwill 4,321 (790)
Cash consideration $ (3,495) $ 0