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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 128,004 $ 105,882
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 6,462 6,452
Provision for credit losses 6,660 6,695
Securities premium amortization, net 19,416 22,653
(Gain) loss on sale of securities and other assets, net (171) 56
Deferred federal income tax benefit 11,685 476
Stock-based compensation 3,458 2,179
Net tax benefit from stock-based compensation 200 128
Change in loans held-for-sale (24,200) (5,270)
Change in other assets (29,787) (4,066)
Change in other liabilities 16,374 9,269
Total adjustments 10,097 38,572
Net cash provided by operating activities 138,101 144,454
Activity in available-for-sale securities:    
Maturities 5,397,243 4,330,401
Purchases (5,596,052) (4,241,825)
Net increase in loans held-for-investment (163,111) (371,161)
Purchases of bank premises, equipment and software (4,687) (8,892)
Proceeds from sale of bank premises and equipment and other assets 1,103 56
Net cash used in investing activities (365,504) (291,421)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase (decrease) in noninterest-bearing deposits 91,018 (146,554)
Net increase in interest-bearing deposits 258,224 417,411
Net decrease in repurchase agreements and borrowings (126,840) (241,428)
Common stock transactions:    
Proceeds from stock option exercises/stock unit conversions/restricted stock activity 1,479 1,785
Dividends paid (51,529) (51,461)
Net cash provided by (used in) financing activities 172,352 (20,247)
NET DECREASE IN CASH AND CASH EQUIVALENTS (55,051) (167,214)
CASH AND CASH EQUIVALENTS, beginning of period 763,413 536,591
CASH AND CASH EQUIVALENTS, end of period 708,362 369,377
SUPPLEMENTAL INFORMATION AND NONCASH TRANSACTIONS:    
Interest paid 98,701 99,776
Federal income taxes paid 27,947 19,546
Investment securities purchased not settled 24,965 0
Transfer of loans to other real estate $ 490 $ 656