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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash Flow From Operating Activities:      
Net income $ 201,402 $ 223,786 $ 222,089
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit losses 35,700 3,500 16,755
Depreciation and amortization 26,849 11,711 11,815
Change in deferred taxes 1,624 6,599 9,065
Share-based compensation 5,818 5,158 4,652
Loans originated for sale (1,171,131) (793,125) (251,306)
Proceeds from sales of loans held for sale 1,183,481 791,764 265,723
Gains on sales of loans held for sale (12,079) (8,479) (4,373)
Gain on branch sale (19,983) 0 0
Net (gains) losses on sales of securities available for sale 20,757 6,930 (1,194)
Increase in cash surrender of life insurance (5,655) (5,320) (5,210)
Gains on life insurance benefits (2,809) (3,027) (5,964)
Change in interest receivable 5,835 (12,594) (20,695)
Change in interest payable (2,810) 11,382 3,703
Operating lease right-of-use abandonment 0 2,083 0
Other adjustments (789) 18,465 39,229
Net cash provided by operating activities 266,210 258,833 284,289
Cash Flows from Investing Activities:      
Net change in interest-bearing deposits 137,189 (310,019) 348,093
Purchases of:      
Securities available for sale (94,713) (32,852) (451,203)
Securities held to maturity 0 (5,653) (292,493)
Proceeds from sales of securities available for sale 247,747 388,254 606,873
Proceeds from maturities and redemptions of:      
Securities available for sale 51,424 56,182 201,846
Securities held to maturity 96,485 104,865 154,689
Change in Federal Home Loan Bank stock 79 (3,244) 1,899
Payment of capital calls to qualified affordable housing investments (29,682) (11,685) (11,589)
Net change in loans (419,410) (621,786) (1,165,548)
Net cash and cash equivalents received in acquisition 0 0 137,780
Net cash and cash equivalents paid in divestiture of branches (243,504) 0 0
Proceeds from the sale of other real estate owned 781 1,748 496
Proceeds from life insurance benefits 9,859 10,357 24,047
Other adjustments (13,668) (33,905) (17,575)
Net cash used in investing activities (252,424) (344,425) (462,685)
Net change in :      
Demand and savings deposits 203,261 (623,642) (513,496)
Certificates of deposit and other time deposits (235,640) 1,062,350 232,874
Borrowings 639,117 834,031 1,818,389
Repayment of borrowings (509,708) (1,119,200) (1,332,889)
Cash dividends on preferred stock (1,875) (1,875) (1,406)
Cash dividends on common stock (81,623) (80,061) (72,748)
Stock issued under employee benefit plans 656 754 706
Stock issued under dividend reinvestment and stock purchase plans 2,261 2,180 2,056
Stock options exercised 900 1,110 358
Repurchase of common stock (56,168) 0 0
Net cash provided (used) by financing activities (38,819) 75,647 133,844
Net Change in Cash and Cash Equivalents (25,033) (9,945) (44,552)
Cash and Cash Equivalents, January 1 112,649 122,594 167,146
Cash and Cash Equivalents, December 31 87,616 112,649 122,594
Additional cash flow information:      
Interest paid 429,702 337,104 80,035
Income tax paid 7,627 34,838 13,819
Loans transferred to other real estate owned 820 1,224 6,469
Premises and equipment transferred to other real estate owned 69 5,020 1,490
Non-cash investing activities using trade date accounting 10,018 3,273 46,106
ROU assets obtained in exchange for new operating lease liabilities 7,102 2,253 10,516
Qualified affordable housing investments obtained in exchange for funding commitments 65,500 44,200 36,500
Fair value of assets acquired 0 0 2,510,576
Cash paid in acquisition 0 0 (79,324)
Liabilities assumed 0 0 2,168,863
Non-cash assets divested 10,664 0 0
Cash paid in divestiture 243,504 0 0
Less: Final settlement receivable 6,011 0 0
Net gain on divestiture 19,983 0 0
Liabilities divested 268,140 0 0
Commercial      
Proceeds from maturities and redemptions of:      
Proceeds from portfolio loan sale 3,273 113,313 0
Mortgage Portfolio Segment      
Proceeds from maturities and redemptions of:      
Proceeds from portfolio loan sale 1,716 0 0
Common Stock      
Additional cash flow information:      
Less: common stock and preferred stock issued 0 0 237,389
Preferred Stock      
Additional cash flow information:      
Less: common stock and preferred stock issued $ 0 $ 0 $ 25,000