XML 122 R100.htm IDEA: XBRL DOCUMENT v3.25.4
PARENT COMPANY ONLY FINANCIAL STATEMENTS - Condensed Cash Flow Statement (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 102,872 $ 115,003 $ 130,497
Adjustments to reconcile net income to net cash provided by operating activities:      
Stock-based compensation expense 9,151 10,764 9,945
(Decrease) increase in accrued interest payable and other liabilities (28,373) 5,455 16,301
Net cash provided by operating activities 97,004 132,619 168,217
CASH FLOWS FROM INVESTING ACTIVITIES:      
Net cash (used in) provided by investing activities (348,221) 246,091 295,254
CASH FLOWS FROM FINANCING ACTIVITIES:      
Repurchase of common stock (73,352) (2,842) 0
Repayment of subordinated debt (30,000) (40,000) 0
Dividends paid to common shareholders (29,296) (28,308) (27,698)
Payments made from the issuance of restricted stock and stock option exercises (980) (498) (76)
Net cash (used in) provided by financing activities (240,546) 133,269 (435,939)
NET CHANGE IN CASH AND CASH EQUIVALENTS (491,763) 511,979 27,532
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 911,216 399,237 371,705
CASH AND CASH EQUIVALENTS, END OF PERIOD 419,453 911,216 399,237
Parent Company      
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income 102,872 115,003 130,497
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in undistributed income of subsidiaries 21,075 (56,199) (112,156)
Net amortization of discount on subordinated debentures 121 340 398
Stock-based compensation expense 9,151 10,764 9,945
Increase in other assets (2,951) (3,693) (1,721)
(Decrease) increase in accrued interest payable and other liabilities (167) 373 (202)
Net cash provided by operating activities 130,101 66,588 26,761
CASH FLOWS FROM INVESTING ACTIVITIES:      
Net cash (used in) provided by investing activities 0 0 0
CASH FLOWS FROM FINANCING ACTIVITIES:      
Repurchase of common stock (73,352) (2,842) 0
Repayment of subordinated debt (30,000) 0 0
Dividends paid to common shareholders (29,296) (28,308) (27,698)
Payments made from the issuance of restricted stock and stock option exercises (980) (498) (76)
Net cash (used in) provided by financing activities (133,628) (31,648) (27,774)
NET CHANGE IN CASH AND CASH EQUIVALENTS (3,527) 34,940 (1,013)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 61,334 26,394 27,407
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 57,807 $ 61,334 $ 26,394