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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
OPERATING ACTIVITIES:        
Net income   $ 168,898 $ 183,624 $ 195,378
Adjustments to reconcile net income to net cash provided from operating activities:        
Depreciation   18,076 17,873 16,933
Deferred income and expense, net of amortization   (7,999) (4,194) (3,757)
Capitalized loan servicing rights, net of amortization   1,372 1,830 1,326
Amortization of core deposit intangibles   2,626 3,756 5,279
Loss on sale of securities, net   5,190 19,242 3,248
Net change in valuation of financial instruments carried at fair value   982 4,218 (807)
Gain on sale of branches, including related deposits $ (7,804) 0 0  
Decrease in deferred taxes   762 1,514 7,624
Increase (decrease) in current taxes payable   6,297 (3,170) 8,250
Stock-based compensation   10,031 9,169 8,870
Net change in cash surrender value of BOLI   (9,032) (8,742) (7,100)
Gain on sale of loans, excluding capitalized servicing rights   (6,180) (6,151) (4,556)
(Gain) loss on disposal of real estate held for sale and property and equipment, net   (318) (352) 102
Provision for Loan, Lease, and Other Losses   7,581 10,789 10,364
Gain (Loss) on Extinguishment of Debt   0 0 765
Origination of loans held for sale   (298,184) (242,844) (406,915)
Proceeds from sales of loans held for sale   414,807 266,540 415,635
Net change in:        
Other assets   (35,288) (8,968) (39,028)
Other liabilities   13,566 13,065 34,244
Net cash provided from operating activities   293,187 257,199 238,051
INVESTING ACTIVITIES:        
Purchases of securities—available-for-sale   (63,170) (58,173) (659,905)
Principal repayments and maturities of securities—available-for-sale   241,427 173,055 368,996
Proceeds from sales of securities—available-for-sale   70,777 368,945 214,335
Purchases of securities—held-to-maturity   0 0 (190,645)
Principal repayments and maturities of securities—held-to-maturity   57,656 58,406 56,056
Loan (originations) repayments, net   (686,508) (643,959) (897,505)
Purchases of loans and participating interest in loans   (4,666) 0 (126,556)
Proceeds from sales of other loans   20,522 14,038 14,034
Net cash paid related to branch divestiture   0 0 (168,137)
Purchases of property and equipment   (13,747) (14,651) (14,724)
Proceeds from sale of real estate held for sale and sale of other property   4,323 4,669 6,088
Proceeds from FHLB stock repurchase program   146,162 153,397 15,080
Purchase of FHLB stock   (144,585) (165,425) (15,080)
Proceeds from Securities Purchased under Agreements to Resell   0 300,000 0
Investment in bank-owned life insurance   (47) (66) (50,053)
Other   686 1,693 3,459
Net cash (used by) provided from investing activities   (371,170) 191,929 (1,444,557)
FINANCING ACTIVITIES:        
Increase (decrease) in deposits, net   484,901 (590,562) (528,672)
Repayment of long term FHLB borrowing   0 0 (50,000)
(Repayment) advances of overnight and short-term FHLB borrowings, net   (33,000) 273,000 50,000
Proceeds from (Payments for) Other Financing Activities   (57,619) (49,923) (31,690)
Repayment of junior subordinated debentures   0 0 (50,518)
Proceeds from redemption of trust preferred securities related to junior subordinated debentures   0 0 1,518
Cash dividends paid   (66,733) (66,765) (61,078)
Cash paid for repurchase of common stock   0 0 (10,960)
Taxes paid related to net share settlement of equity awards   (2,172) (3,476) (3,332)
Net cash provided from (used by) financing activities   325,377 (437,726) (684,732)
NET CHANGE IN CASH AND CASH EQUIVALENTS   247,394 11,402 (1,891,238)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR $ 2,134,300 254,464 243,062 2,134,300
CASH AND CASH EQUIVALENTS, END OF YEAR   501,858 254,464 243,062
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:        
Interest paid in cash   224,808 110,845 18,583
Income Taxes Paid, Net   24,194 38,671 24,885
NON-CASH INVESTING AND FINANCING TRANSACTIONS:        
Transfer of loans to real estate owned and other repossessed assets   2,832 1,185 0
Dividends accrued but not paid until after period end   1,334 1,084 1,158
Transfer of Loans Held-for-sale to Portfolio Loans   (131,294) (27,929) (35,466)
Debt Securities, Held-for-Trading, Transfer to Available-for-Sale   0 25,298 0
Securities, available-for-sale, transferred to held-to-maturity   0 0 462,159
DISPOSITIONS:        
Assets divested   0 0 (1,539)
Liabilities divested   $ 0 $ 0 $ (178,209)