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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
OPERATING ACTIVITIES    
NET CASH PROVIDED BY OPERATING ACTIVITIES $ 229,342 $ 89,394
INVESTING ACTIVITIES    
Net decrease (increase) in loans held for investment 460,772 (853,709)
Available-for-sale debt securities:    
Proceeds from sales 0 226,099
Proceeds from maturities, prepayments and calls 439,101 353,835
Purchases of securities (1,457,566) (212,777)
Held-to-maturity debt securities:    
Proceeds from maturities, prepayments and calls 55,952 101,816
Purchases of securities (228,307) (18,245)
Equity securities:    
Proceeds from sales   50
Proceeds from bank owned life insurance   10
Purchases of premises and equipment – net (4,603) (4,861)
Sale of portfolio loans   37,195
Net cash used in investing activities (734,651) (370,587)
FINANCING ACTIVITIES    
Increase in deposits 891,121 1,188,717
Proceeds from Federal Home Loan Bank borrowings   475,000
Repayment of Federal Home Loan Bank borrowings (235,105) (761,098)
(Decrease) increase in other short-term borrowings (106,683) 115,915
Principal repayments of finance lease obligations (219) (208)
Decrease in federal funds purchased   (7,500)
Repayment of junior subordinated debt   (6,702)
Dividends paid to common shareholders (43,509) (42,450)
Dividends paid to preferred shareholders (5,063)  
Treasury shares purchased - net (54,376) (24,943)
Net cash provided by financing activities 446,166 936,731
Net (decrease) increase in cash, cash equivalents and restricted cash (59,143) 655,538
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 846,304 890,334
SUPPLEMENTAL DISCLOSURES    
Interest paid on deposits and other borrowings 18,917 45,965
Income taxes paid 22,055 1,125
Transfers of loans to other real estate owned $ 466 263
Transfers of portfolio loans to loans held for sale   $ 37,195