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Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 175,807,000 $ 172,225,000
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 9,589,000 9,746,000
Provision for Credit losses 13,353,000 (3,203,000)
Securities premium amortization, net 55,355,000 48,333,000
Discount accretion on purchased loans (1,119,000) (1,771,000)
Gain on sale of securities and other assets, net (3,986,000) (1,110,000)
Change in loans held-for-sale 17,967,000 34,562,000
Change in other assets 13,508,000 6,308,000
Change in other liabilities (26,068,000) 780,000
Total adjustments 78,599,000 93,645,000
Net cash provided by operating activities 254,406,000 265,870,000
Activity in available-for-sale securities:    
Sales 205,444,000 10,631,000
Maturities 2,773,665,000 8,270,218,000
Purchases (3,131,413,000) (9,972,985,000)
Net increase in loans held-for-investment (862,636,000) (110,404,000)
Purchases of bank premises and equipment (11,970,000) (14,282,000)
Proceeds from sale of bank premises and equipment and other assets 1,186,000 785,000
Net cash used in investing activities (1,025,724,000) (1,816,037,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in noninterest-bearing deposits 420,562,000 591,708,000
Net increase in interest-bearing deposits 155,068,000 625,592,000
Net increase in borrowings 103,429,000 218,586,000
Common stock transactions:    
Proceeds from stock option exercises 5,974,000 4,673,000
Dividends paid (67,072,000) (58,334,000)
Repuchase of stock (9,449,000) 0
Net cash provided by financing activities 608,512,000 1,382,225,000
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (162,806,000) (167,942,000)
CASH AND CASH EQUIVALENTS, beginning of period 528,588,000 729,084,000
CASH AND CASH EQUIVALENTS, end of period 365,782,000 561,142,000
SUPPLEMENTAL INFORMATION AND NONCASH TRANSACTIONS:    
Interest paid 14,067,000 4,938,000
Federal income taxes paid 33,050,000 31,073,000
Transfer of loans to other real estate 0 296,000
Investment securities purchased but not settled 0 174,236,000
Restricted stock grant (forfeiture) $ 1,681,000 $ (165,000)