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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Operating activities    
Net income $ 88,336 $ 115,874
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for loan losses 20,148 9,470
Depreciation and amortization of premises and equipment 7,808 7,581
Net amortization on securities 2,057 2,736
Amortization of intangible assets 2,603 1,725
Amortization of operating lease right-of-use assets 5,029 4,989
Excess tax benefit on stock-based compensation (239) (183)
Stock-based compensation expense 4,137 3,949
Bank owned life insurance income (4,974) (4,625)
Amortization of subordinated debt issuance costs 328 327
Proceeds from sale of loans held for sale 26,108 4,238
Originations of loans held for sale (29,167) (3,573)
Net gain on sale of loans held for sale (88) (112)
Net securities losses 9,822 914
Net gains on sale of other real estate owned (50) (259)
Net change in other assets and other liabilities (10,054) 10,470
Net cash provided by operating activities 121,804 153,521
Investing activities    
Net cash provided by (used in) acquisitions 44,564 (2,534)
Securities available for sale:    
Proceeds from maturities, calls and principal paydowns 90,415 177,704
Proceeds from sales 124,577 0
Purchases 0 (262,861)
Securities held to maturity:    
Proceeds from maturities, calls and principal paydowns 81,949 154,194
Purchases (77,930) (351,390)
Equity securities:    
Purchases (4) (1,000)
Other:    
Net increase in loans (349,168) (410,805)
Proceeds from Federal Home Loan Bank stock redemption 84,378 6,491
Purchases of Federal Reserve and Federal Home Loan Bank stock (88,260) (6,285)
Proceeds from settlement of bank owned life insurance 3,185 1,873
Purchases of premises and equipment, net (6,333) (4,749)
Proceeds from sales of other real estate owned 229 426
Net cash used in investing activities (92,398) (698,936)
Financing activities    
Net increase (decrease) in deposits 596,543 (315,718)
Net decrease in short-term borrowings (128,214) (23,241)
Proceeds from long-term debt 25,000 0
Repayments of long-term debt (80) (10,673)
Cash paid by employer for tax-withholding on stock issuance (1,595) (1,346)
Purchase of treasury stock (4,944) (14,713)
Cash dividends (40,812) (36,907)
Net cash provided by (used in) financing activities 445,898 (402,598)
Net increase (decrease) in cash and cash equivalents 475,304 (948,013)
Cash and cash equivalents at beginning of period 197,350 1,269,071
Cash and cash equivalents at end of period 672,654 321,058
Cash paid during the period for:    
Interest expense 78,130 14,456
Income taxes paid, net of refund 26,663 41,903
Noncash investing activities:    
Loans transferred to other real estate owned 74 0
Acquisitions:    
Fair value of assets acquired, excluding acquired cash and goodwill 1,417,392 705
Fair value of liabilities assumed $ 1,380,386 $ 0