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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 55,972,000 $ 56,918,000
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 3,231,000 3,171,000
Provision for Credit losses 4,782,000 (1,997,000)
Securities premium amortization, net 19,836,000 14,105,000
Discount accretion on purchased loans (373,000) (591,000)
Gain on sale of assets, net (1,074,000) (910,000)
Change in loans held-for-sale 9,367,000 16,365,000
Change in other assets 9,434,000 8,868,000
Change in other liabilities (14,490,000) 840,000
Total adjustments 30,713,000 39,851,000
Net cash provided by operating activities 86,685,000 96,769,000
Activity in available-for-sale securities:    
Sales 0 10,631,000
Maturities 211,266,000 7,839,968,000
Purchases (551,559,000) (8,280,926,000)
Net increase in loans held-for-investment (176,350,000) (148,615,000)
Purchases of bank premises and equipment (3,193,000) (3,322,000)
Proceeds from sale of bank premises and equipment and other assets 0 420,000
Net cash used in investing activities (519,836,000) (581,844,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in noninterest-bearing deposits 198,494,000 367,448,000
Net increase in interest-bearing deposits 234,843,000 370,182,000
Net increase in borrowings 87,443,000 118,511,000
Common stock transactions:    
Proceeds from stock option exercises 2,921,000 1,904,000
Dividends paid (21,385,000) (18,483,000)
Net cash provided by financing activities 502,316,000 839,562,000
NET INCREASE IN CASH AND CASH EQUIVALENTS 69,165,000 354,487,000
CASH AND CASH EQUIVALENTS, beginning of period 528,588,000 729,084,000
CASH AND CASH EQUIVALENTS, end of period 597,753,000 1,083,571,000
SUPPLEMENTAL INFORMATION AND NONCASH TRANSACTIONS:    
Interest paid 1,523,000 1,843,000
Transfer of loans to other real estate 0 255,000
Investment securities purchased but not settled 0 381,871,000
Restricted stock grant (forfeiture) $ 559,000 $ (17,000)