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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
OPERATING ACTIVITIES    
NET CASH PROVIDED BY OPERATING ACTIVITIES $ 78,627 $ 82,830
INVESTING ACTIVITIES    
Net increase in loans held for investment (251,350) (624,818)
Available-for-sale debt securities:    
Proceeds from sales 873,835  
Proceeds from maturities, prepayments and calls 264,069 129,661
Purchases of securities (903,886) (51,557)
Held-to-maturity debt securities:    
Proceeds from maturities, prepayments and calls 18,538 18,847
Purchases of securities (4,279) 0
Purchases of premises and equipment – net (11,094) (1,897)
Net cash received from PFC acquisition 200,454  
Sale of portfolio loans - net 73,893  
Proceeds from bank owned life insurance 2,301 1
Net cash provided by (used in) investing activities 262,481 (529,763)
FINANCING ACTIVITIES    
Increase in deposits 153,941 263,819
Proceeds from Federal Home Loan Bank borrowings 1,175,000 1,175,000
Repayment of Federal Home Loan Bank borrowings (925,000) (1,050,000)
Decrease in other short-term borrowings (88,407) (136)
Principal repayments of finance lease obligations (2,043) (1,665)
Dividends paid to common shareholders (59,697) (42,351)
Dividends paid to preferred shareholders (5,063) (5,063)
Issuance of common stock 104  
Treasury shares purchased - net (1,050) (1,265)
Net cash provided by financing activities 247,785 338,339
Net increase (decrease) in cash, cash equivalents and restricted cash 588,893 (108,594)
Cash, cash equivalents and restricted cash at beginning of the period 568,137 595,383
Cash, cash equivalents and restricted cash at end of the period 1,157,030 486,789
SUPPLEMENTAL DISCLOSURES    
Interest paid on deposits and other borrowings 210,316 163,530
Income taxes paid 21,480 15,985
Transfers of loans to other real estate owned 0 $ 152
Non-cash transactions related to the PFC acquisition $ 1,007,845