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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash Flows From Operating Activities:      
Net Income $ 100,534 $ 140,930 $ 176,691
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for (reversal of) credit losses 31,536 266 (20,821)
(Reversal of) provision for unfunded commitments (267) 1,477 (1,119)
Depreciation and amortization 3,480 3,319 5,874
Gains on sale of loans (418) (3,702) (14,045)
Loss (gain) on mortgage servicing rights 142 (837) (679)
Securities premium amortization, net 6,189 9,011 4,031
Origination of loans held for sale (29,690) (299,317) (1,156,281)
Proceeds from sale of loans held for sale 36,842 343,503 1,211,313
Deferred income tax (benefit) expense (3,377) 6,560 5,770
Net gain on sale of other real estate owned (134) (248) (1,266)
Net increase in cash surrender value of bank owned life insurance (2,659) (2,547) (2,059)
Net loss (gain) on sale of investment securities 11 169 (2,964)
Stock-based compensation expense 10,018 9,899 7,811
(Increase) decrease in other assets (14,976) (26,162) 1,358
Increase in other liabilities 58,395 12,581 24,823
Net cash provided by operating activities 195,626 194,902 238,437
Cash Flows From Investing Activities:      
Purchases of available-for-sale investment securities 0 (425,263) (2,029,434)
Proceeds from maturities of available-for-sale investment securities 123,782 261,999 313,921
Proceeds from sale/call of available-for-sale investment securities 8,303 6,225 201,034
Purchase of held-to-maturity investment securities 0 (290,740) 0
Proceeds from maturities from held-to-maturity investment securities 78,251 115,777 0
Proceeds from call of held-to-maturity investment securities 2,906 8,350 0
Purchases of Federal Reserve and Federal Home Loan Bank stock (299) (30,914) (218)
Proceeds from redemption of Federal Reserve and Federal Home Loan Bank stock 39,618 0 6,169
Net change in loans (351,913) (570,977) 511,120
Proceeds from sale of SBA PPP loans 0 0 170,154
Redemption (purchase) of bank-owned life insurance 736 338 (30,000)
Proceeds from sale of other real estate owned 987 241 4,618
Purchases of premises and equipment (70) (2,113) (5,286)
Net cash used in by investing activities (97,699) (927,077) (857,922)
Cash Flows From Financing Activities:      
(Decrease) increase in deposits 94,857 (1,268,358) 792,337
(Decrease) Increase in customer repurchase agreements (4,513) 11,182 (2,808)
Increase (decrease) in borrowings 324,999 675,001 (200,000)
Proceeds from exercise of equity compensation plans 0 97 0
Proceeds from employee stock purchase plan 586 748 496
Common stock repurchased (48,033) (33,087) (682)
Cash dividends paid (54,993) (55,776) (44,691)
Net cash used in financing activities 312,903 (670,193) 544,652
Net Increase (Decrease) in Cash and Cash Equivalents 410,830 (1,402,368) (74,833)
Cash and Cash Equivalents at Beginning of Period 311,854 1,714,222 1,789,055
Cash and Cash Equivalents at End of Period 722,684 311,854 1,714,222
Supplemental Cash Flow Information:      
Interest paid 376,841 90,590 30,989
Income taxes paid 21,540 23,453 54,363
Non-Cash Operating Activities [Abstract]      
Initial recognition of operating lease right-of-use assets 418 0 9,146
Non-Cash Investing Activities      
Transfers of investment securities from available-for-sale to held-to-maturity 0 922,975 0
Transfers from loans to other real estate owned $ 0 $ 475 $ 149