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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating activities:      
Net income $ 279,234,000 $ 219,721,000 $ 227,104,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 2,852,000 2,485,000 2,191,000
Provision for credit losses 40,231,000 17,295,000 5,012,000
Deferred income tax, net (2,442,000) 4,731,000 5,310,000
Gain on sale of securities     (191,000)
Gain on sale of loans (48,183,000) (64,150,000) (111,185,000)
Proceeds from sales of loans 22,136,235,000 25,773,056,000 61,231,720,000
Loans and participations originated and purchased for sale (22,713,037,000) (25,342,944,000) (61,182,161,000)
Purchases of low-income housing tax credits for sale (67,683,000) (39,699,000) (9,605,000)
Proceeds from sale of low-income housing tax credits 9,334,000 13,604,000 7,009,000
Change in servicing rights for paydowns and fair value adjustments 3,059,000 (8,776,000) 4,296,000
Net change in:      
Mortgage loans in process of securitization 43,595,000 415,045,000 (230,506,000)
Other assets and receivables (85,181,000) (37,264,000) (6,616,000)
Other liabilities 41,516,000 20,778,000 3,823,000
Other 4,068,000 1,892,000 4,583,000
Net cash (used in) provided by operating activities (356,402,000) 975,774,000 (49,216,000)
Investing activities:      
Net change in securities purchased under agreements to resell 115,000 2,424,000 692,000
Purchases of securities available for sale (1,291,874,000) (51,197,000) (221,191,000)
Purchases of securities held to maturity (293,268,000) (1,252,793,000)  
Proceeds from the sale of securities available for sale 1,516,000 11,379,000 38,566,000
Proceeds from calls, maturities and paydowns of securities available for sale 489,602,000 13,988,000 138,013,000
Proceeds from calls, maturities and paydowns of securities held to maturity 208,129,000 133,715,000  
Purchases of loans (358,462,000) (551,091,000) (369,148,000)
Net change in loans receivable (2,047,806,000) (1,929,569,000) (349,887,000)
Proceeds from loans held for sale previously classified as loans receivable 65,768,000 788,848,000 262,086,000
Purchase of FHLB stock (9,448,000) (10,326,000) (3,932,000)
Proceeds from sale of FHLB stock   784,000 45,000,000
Purchases of premises and equipment (7,528,000) (6,761,000) (3,645,000)
Purchases of servicing rights   (2,057,000)  
Proceeds from sale of servicing rights     438,000
Purchase of limited partnership and LLC interests (18,762,000) (14,590,000) (11,194,000)
Cash paid in deconsolidation of subsidiary     (464,000)
Other investing activities 1,937,000 4,395,000 404,000
Net cash used in investing activities (3,260,081,000) (2,862,851,000) (474,262,000)
Financing activities:      
Net change in deposits 3,990,115,000 1,088,732,000 1,572,442,000
Proceeds from borrowings 95,570,319,000 65,777,538,000 31,471,236,000
Repayment of borrowings (95,700,385,000) (65,885,100,000) (31,787,578,000)
Proceeds from credit link note 153,546,000    
Repayment of credit link note (34,270,000)    
Proceeds from notes payable 64,922,000 4,000,000 2,040,000
Payments on notes payable (21,000,000)    
Proceeds from issuance of preferred stock   137,459,000 191,084,000
Repurchase of preferred stock     (41,625,000)
Repurchase of common stock   (3,935,333)  
Dividends (48,506,000) (38,067,000) (31,235,000)
Net cash provided by financing activities 3,974,741,000 1,080,627,000 1,376,364,000
Net Change in Cash and Cash Equivalents 358,258,000 (806,450,000) 852,886,000
Cash and Cash Equivalents, Beginning of Period 226,164,000 1,032,614,000 179,728,000
Cash and Cash Equivalents, End of Period 584,422,000 226,164,000 1,032,614,000
Additional Cash Flows Information:      
Interest paid 609,689,000 140,365,000 33,900,000
Income taxes paid, net of refunds 67,388,000 66,508,000 78,758,000
ROU assets obtained in exchange for new operating lease liabilities 1,113,000 5,535,000  
Transfer of loans from loans held for sale to loans receivable 377,460,000   16,771,000
Transfer of loans from loans receivable to loans held for sale $ 65,768,000 $ 788,849,000 210,826,000
Payable for servicing rights     2,057,000
Payable for limited partnership interests     $ 34,808,000