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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net earnings (loss) $ 126,888 $ (1,899,137) $ 423,613
Goodwill impairment 0 1,376,736 29,000
Depreciation and amortization 54,593 52,691 53,595
Amortization of net premiums on investment securities 23,809 37,488 52,749
Accretion Expense (105,089) 0 0
Intangible asset amortization 33,143 11,419 13,576
Amortization of operating lease ROU assets 33,666 27,176 30,228
Provision for credit losses 42,801 52,000 24,500
Gain on sale of foreclosed assets, net (819) (586) (3,470)
Provision for losses on foreclosed assets 1,885 1,992 29
(Gain) loss on sale of loans and leases, net (645) 161,346 (518)
Loss (gain) on disposal of premises and equipment 647 (571) 104
Loss on sale of securities, net 60,400 442,413 50,321
Gain on BOLI death benefits (1,100) (416) 0
credit-linked notes, net (276) 5,629 (1,089)
LOCOM HFS Adjustment (215) 8,461 0
Decrease (increase) in other assets 167,973 (214,614) (83,666)
(Decrease) increase in accrued interest payable and other liabilities (375,735) 45,044 78,231
Net cash provided by operating activities 77,374 135,768 701,972
Cash flows from investing activities:      
Cash acquired in acquisitions, net of cash consideration paid 0 335,319 0
Net (increase) decrease in loans and leases (662,358) 464,057 (5,816,608)
Proceeds from sales of loans and leases 2,455,814 8,524,063 72,214
Proceeds from maturities and paydowns of securities available-for-sale 243,572 261,042 658,719
Proceeds from sales of securities available-for-sale 693,338 3,028,011 2,013,094
Purchases of securities available-for-sale (835,949) (13,439) (380,251)
Proceeds from maturities and paydowns of securities held-to-maturity 1,398 1,353 851
Purchases of FHLB and FRB stock (23,440) (304,014) (160,315)
Redemptions of FHLB and FRB stock 2,013 272,162 143,275
Proceeds from sales of foreclosed assets 16,909 17,137 19,247
Purchases of premises and equipment, net (13,047) (15,219) (20,128)
Proceeds from sales of premises and equipment 190 9,018 11
Proceeds from BOLI death benefits 5,058 3,946 555
Net decrease (increase) in equipment leased to others under operating leases 7,866 25,709 (100,734)
Net cash provided by (used in) investing activities 1,891,364 12,609,145 (3,570,070)
Cash flows from financing activities:      
Net (decrease) increase in noninterest-bearing deposits (54,341) (5,722,546) (3,330,776)
Net (decrease) increase in interest-bearing deposits (3,155,519) (4,359,678) 2,269,353
Net increase (decrease) in borrowings (2,623,756) (2,320,516) 0
Net proceeds from stock issuance 0 382,900 0
Proceeds from Issuance of Common Stock, Dividend Reinvestment Plan 308 69 0
Restricted stock surrendered   (5,419) (9,531)
Common stock dividends paid   (48,881) (120,256)
Net cash (used in) provided by financing activities (4,844,102) (9,607,559) 1,051,086
Net increase (decrease) in cash and cash equivalents (2,875,364) 3,137,354 (1,817,012)
Cash and cash equivalents, beginning of year 5,377,576 2,240,222 4,057,234
Cash and cash equivalents, end of year 2,502,212 5,377,576 2,240,222
Supplemental disclosures of cash flow information:      
Cash paid for interest 1,014,839 1,063,981 238,377
Cash (received) paid for income taxes (14,450) (68,168) 97,254
Loans transferred to foreclosed assets 19,978 20,915 7,985
Transfers from loans held for investment to loans held for sale 1,930,285 3,162,615 76,253
Loan, Transfer from Held-for-Sale to Held-in-Portfolio 1,179 513,914 0
Transfer of securities available-for-sale to held-to-maturity 0 0 2,260,407
Assets 33,542,864 38,534,064  
Liabilities 30,042,915 35,143,299  
Proceeds from Issuance of Debt 1,100,000 2,506,300 1,763,119
Parent [Member]      
Cash flows from operating activities:      
Earned stock compensation 15,448 28,697 34,769
Decrease (increase) in other assets (42,141) (466,018) (323,852)
Cash flows from investing activities:      
Cash acquired in acquisitions, net of cash consideration paid 0   0
Cash flows from financing activities:      
Net proceeds from stock issuance 0 382,900 0
Net proceeds from preferred stock offering 0 0 498,516
Restricted stock surrendered (2,708) (5,419) (9,531)
Preferred stock dividends paid (39,788) (39,788) 19,339
Common stock dividends paid (68,298) (48,881) $ (120,256)
Supplemental disclosures of cash flow information:      
Assets 3,897,093 3,805,364  
Liabilities $ 397,144 $ 414,599