XML 16 R7.htm IDEA: XBRL DOCUMENT v3.22.2
Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
OPERATING ACTIVITIES    
NET CASH PROVIDED BY OPERATING ACTIVITIES $ 85,795 $ 229,342
INVESTING ACTIVITIES    
Net (increase) decrease in loans held for investment (465,440) 460,772
Available-for-sale debt securities:    
Proceeds from maturities, prepayments and calls 344,948 439,101
Purchases of securities (446,268) (1,457,566)
Held-to-maturity debt securities:    
Proceeds from maturities, prepayments and calls 50,295 55,952
Purchases of securities (328,238) (228,307)
Proceeds from bank owned life insurance 7,816  
Purchases of premises and equipment – net (2,807) (4,603)
Net cash used in investing activities (839,694) (734,651)
FINANCING ACTIVITIES    
Increase in deposits 4,596 891,121
Repayment of Federal Home Loan Bank borrowings (61,318) (235,105)
Increase (Decrease) in other short-term borrowings 6,071 (106,683)
Principal repayments of finance lease obligations (214) (219)
Issuance of subordinated debt, net of issuance costs 147,655  
Dividends paid to common shareholders (41,135) (43,509)
Dividends paid to preferred shareholders (5,063) (5,063)
Treasury shares purchased - net (98,042) (54,376)
Net cash (used in) provided by financing activities (47,450) 446,166
Net decrease in cash, cash equivalents and restricted cash (801,349) (59,143)
Cash, cash equivalents and restricted cash at beginning of the period 1,251,358 905,447
Cash, cash equivalents and restricted cash at end of the period 450,009 846,304
SUPPLEMENTAL DISCLOSURES    
Interest paid on deposits and other borrowings 10,484 18,917
Income taxes paid 15,190 22,055
Transfers of loans to other real estate owned $ 87 $ 466