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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net income $ 111,088 $ 94,798
Adjustments to reconcile net income to net cash from operating activities    
Depreciation and amortization 4,933 4,989
Net accretion of discounts and premiums (7,946) (3,407)
Deferred income taxes (20,691) (1,806)
Provision for credit losses 3,146 2,920
Net gain on sale of loans (6,107) (6,639)
Net change in trading debt securities 0 666
Net investment securities gains 0 (109)
Originations of mortgage loans held for sale (295,149) (248,607)
Proceeds from sales of mortgage loans held for sale 300,271 253,623
Stock-based compensation 1,004 934
Decrease (increase) in other assets 74,646 (31,574)
Increase in other liabilities 44,906 36,657
Net cash provided by operating activities 210,101 102,445
Cash flows from investing activities:    
Purchase of AFS securities (771,964) (542,910)
Purchase of equity securities (3) (54)
Proceeds from sales of equity securities 29 859
Proceeds from maturities of AFS securities 360,645 458,523
Proceeds from maturities of HTM securities 161 5
Net change in interest-bearing deposits 181 50
Net (increase) decrease in loans (75,228) 124,732
Purchase of land, buildings, and equipment (8,414) (1,337)
Proceeds from sale of land, buildings, and equipment 91 552
Net cash (used in) provided by investing activities (494,502) 40,420
Cash flows from financing activities:    
(Decrease) increase in deposits (379,212) 101,687
(Decrease) in time deposits (17,972) (14,798)
Increase in federal funds purchased and customer repurchase agreements 55,072 90,145
Dividends paid (29,109) (12,086)
Purchase of treasury stock (31,143) 0
Net cash (used in) provided by financing activities (402,364) 164,948
Net (decrease) increase in cash and cash equivalents (686,765) 307,813
Cash and cash equivalents at beginning of year 2,064,143 1,241,808
Cash and cash equivalents at end of year 1,377,378 1,549,621
Cash and due from banks 190,868 319,668
Short-term interest-bearing deposits 1,185,077 1,227,505
Federal funds sold and securities purchased under agreements to resell 1,433 2,448
Total cash and cash equivalents 1,377,378 1,549,621
Supplemental disclosure of cash flow information:    
Interest paid 48,407 50,570
Income taxes paid 1,049 0
Loans transferred to foreclosed assets held for sale $ 2,090 $ 1,016