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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
OPERATING ACTIVITIES    
NET CASH PROVIDED BY OPERATING ACTIVITIES $ 52,004 $ 32,884
INVESTING ACTIVITIES    
Net decrease (increase) in loans held for investment 100,799 (131,110)
Available-for-sale debt securities:    
Proceeds from sales 0 222,668
Proceeds from maturities, prepayments and calls 239,259 157,954
Purchases of securities (1,068,526) (197,153)
Held-to-maturity debt securities:    
Proceeds from maturities, prepayments and calls 27,147 48,093
Purchases of securities (110,298) (11,734)
Equity securities:    
Proceeds from sales   50
Proceeds from bank owned life insurance   10
Purchases of premises and equipment – net (2,362) (2,925)
Sale of portfolio loans   28,262
Net cash (used in) provided by investing activities (813,981) 114,115
FINANCING ACTIVITIES    
Increase in deposits 858,853 42,892
Proceeds from Federal Home Loan Bank borrowings   475,000
Repayment of Federal Home Loan Bank borrowings (115,053) (305,070)
(Decrease) increase in other short-term borrowings (104,732) 59,104
Principal repayments of finance lease obligations (109) (104)
Decrease in federal funds purchased   (7,500)
Repayment of junior subordinated debt   (6,702)
Dividends paid to common shareholders (21,419) (21,016)
Dividends paid to preferred shareholders (2,531)  
Treasury shares sold (purchased) - net 569 (24,527)
Net cash provided by financing activities 615,578 212,077
Net (decrease) increase in cash, cash equivalents and restricted cash (146,399) 359,076
Cash, cash equivalents and restricted cash at beginning of the period 905,447 234,796
Cash, cash equivalents and restricted cash at end of the period 759,048 593,872
SUPPLEMENTAL DISCLOSURES    
Interest paid on deposits and other borrowings $ 10,719 26,074
Transfers of loans to other real estate owned   28
Transfers of portfolio loans to loans held for sale   $ 37,195