XML 154 R129.htm IDEA: XBRL DOCUMENT v3.22.4
Parent Company Financial Information- Cash flow (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net Cash Provided by (Used in) Operating Activities [Abstract]      
Net Income $ 140,930 $ 176,691 $ 132,217
Adjustments to reconcile net income to net cash provided by operating activities:      
Net tax benefits from stock compensation 0 0 118
Securities premium amortization (discount accretion), net 9,011 4,031 8,196
Provision for credit losses 266 (20,821) 45,571
Depreciation and amortization 3,319 5,874 4,696
Increase (decrease) in other assets (26,162) 1,358 (28,626)
Increase (decrease) in other liabilities 12,581 24,823 9,826
Net cash provided by operating activities 194,902 238,437 133,139
Cash Flows From Investing Activities:      
Purchases of available-for-sale investment securities (425,263) (2,029,434) (739,955)
Proceeds from maturities of available-for-sale securities 261,999 313,921 302,471
Purchase of held to maturity investment securities (290,740) 0 0
Proceeds from maturities from held to maturity securities 115,777 0 0
Net cash used in by investing activities (927,077) (857,922) (557,676)
Cash Flows From Financing Activities:      
Repayment of long-term borrowings 0 (200,000) 0
Proceeds from exercise of stock options 97 0 63
Proceeds from employee stock purchase plan 748 496 760
Common stock repurchased (33,087) (682) (61,432)
Cash dividends paid (55,776) (44,691) (28,330)
Net cash used in financing activities (670,193) 544,652 1,971,619
Net (Decrease) Increase In Cash and Cash Equivalents (1,402,368) (74,833) 1,547,082
Cash and Cash Equivalents at Beginning of Period 1,714,222 1,789,055 241,973
Cash and Cash Equivalents at End of Period 311,854 1,714,222 1,789,055
Non-Cash Investing Activities      
Transfers of investment securities from available-for-sale to held-to-maturity 922,975 0 0
Parent Company      
Net Cash Provided by (Used in) Operating Activities [Abstract]      
Net Income 140,930 176,691 132,217
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in undistributed income of subsidiary (72,748) (17,449) (6,191)
Net tax benefits from stock compensation 9,899 7,811 118
Securities premium amortization (discount accretion), net (54) 5 6
Provision for credit losses 326 0 0
Depreciation and amortization 0 0 390
Increase (decrease) in other assets (12,909) 66,598 (48,966)
Increase (decrease) in other liabilities 4,593 (681) 6,823
Net cash provided by operating activities 70,037 232,975 84,397
Cash Flows From Investing Activities:      
Purchases of available-for-sale investment securities 0 (40,000) (10,000)
Proceeds from maturities of available-for-sale securities 0 13,031 613
Purchase of held to maturity investment securities (3,976) 0 0
Proceeds from maturities from held to maturity securities 1,500 0 0
Net cash used in by investing activities (2,476) (26,969) (9,387)
Cash Flows From Financing Activities:      
Repayment of long-term borrowings 0 (148,407) 0
Proceeds from exercise of stock options 97 0 63
Proceeds from employee stock purchase plan 748 496 760
Common stock repurchased (33,087) (682) (61,432)
Cash dividends paid (55,776) (44,691) (28,330)
Net cash used in financing activities (88,018) (193,284) (88,939)
Net (Decrease) Increase In Cash and Cash Equivalents (20,457) 12,722 (13,929)
Cash and Cash Equivalents at Beginning of Period 41,997 29,275 43,204
Cash and Cash Equivalents at End of Period 21,540 41,997 29,275
Non-Cash Investing Activities      
Transfers of investment securities from available-for-sale to held-to-maturity $ 42,467 $ 0 $ 0