XML 159 R126.htm IDEA: XBRL DOCUMENT v3.25.0.1
Parent Company Financial Information - Schedule of Condensed Cash Flow Statement for Parent Company Only (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Net Cash Provided by (Used in) Operating Activities [Abstract]      
Net Income (Loss) $ (47,035) $ 100,534 $ 140,930
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Securities premium amortization, net 5,416 6,189 9,011
Provision for (reversal of) credit losses for investment securities held-to-maturity 66,360 31,536 266
Depreciation and amortization 3,198 3,480 3,319
(Increase) decrease in other assets (7,703) (14,976) (26,162)
Increase (decrease) in other liabilities (6,201) 58,395 12,581
Net cash provided by operating activities 123,770 195,626 194,902
Cash Flows From Investing Activities:      
Purchase of held-to-maturity investment securities 0 0 (290,740)
Proceeds from maturities of held-to-maturity investment securities 70,235 78,251 115,777
Net cash provided by (used in) investing activities 310,737 (97,699) (927,077)
Cash Flows From Financing Activities:      
Proceeds from exercise of stock options 0 0 97
Proceeds from employee stock purchase plan 485 586 748
Common stock repurchased 0 (48,033) (33,087)
Cash dividends paid (45,617) (54,993) (55,776)
Net cash provided by (used in) financing activities (523,711) 312,903 (670,193)
Net Increase (Decrease) in Cash and Cash Equivalents (89,204) 410,830 (1,402,368)
Cash and Cash Equivalents at Beginning of Period 722,684 311,854 1,714,222
Cash and Cash Equivalents at End of Period 633,480 722,684 311,854
Non-Cash Investing Activities      
Transfers of investment securities from available-for-sale to held-to-maturity 0 0 922,975
Parent Company      
Net Cash Provided by (Used in) Operating Activities [Abstract]      
Net Income (Loss) (47,035) 100,534 140,930
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Adjustments to reconcile net income (loss) to net cash used in operating activities: Equity in undistributed income (loss) of subsidiary 138,487 18,549 (72,748)
Net tax benefits from stock based compensation expense 9,561 10,018 9,899
Securities premium amortization, net 1,004 6 (54)
Provision for (reversal of) credit losses for investment securities held-to-maturity (449) 1,124 326
Depreciation and amortization 82 124 0
(Increase) decrease in other assets (11,935) (10,397) (12,909)
Increase (decrease) in other liabilities 2,917 (1,064) 4,593
Net cash provided by operating activities 92,632 118,894 70,037
Cash Flows From Investing Activities:      
Investment in subsidiary (70,000) 0 0
Purchase of held-to-maturity investment securities 0 0 (3,976)
Proceeds from maturities of held-to-maturity investment securities 0 0 1,500
Net cash provided by (used in) investing activities (70,000) 0 (2,476)
Cash Flows From Financing Activities:      
Net proceeds from long-term borrowings 7,665 0 0
Proceeds from exercise of stock options 0 0 97
Proceeds from employee stock purchase plan 485 586 748
Common stock repurchased 0 (47,631) (33,087)
Cash dividends paid (45,617) (54,993) (55,776)
Net cash provided by (used in) financing activities (37,467) (102,038) (88,018)
Net Increase (Decrease) in Cash and Cash Equivalents (14,835) 16,856 (20,457)
Cash and Cash Equivalents at Beginning of Period 38,396 21,540 41,997
Cash and Cash Equivalents at End of Period 23,561 38,396 21,540
Non-Cash Investing Activities      
Transfers of investment securities from available-for-sale to held-to-maturity $ 0 $ 0 $ 42,467