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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
NET EARNINGS $ 112,202 $ 84,227
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 9,554 9,447
PROVISION FOR LOAN LOSSES 3,865 5,090
Securities premium amortization (discount accretion), net 21,005 23,009
Gain on sale of assets, net (1,254) (1,572)
Deferred federal income tax benefit 8,107 1,290
Change in loans held-for-sale (2,928) 7,779
Change in other assets 2,699 18,703
Change in other liabilities 5,653 7,172
Total adjustments 46,701 70,918
Net cash provided by operating activities 158,903 155,145
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash received in acquisition of Commercial Bancshares, Inc. 18,653  
Net decrease in interest-bearing time deposits in banks   249
Activity in available-for-sale securities:    
Sales 220,259 120,576
Maturities 3,354,571 4,299,781
Purchases (3,650,127) (4,450,719)
Activity in held-to-maturity securities - maturities   124
Net increase in loans (116,860) (119,911)
Purchases of bank premises and equipment and other assets (12,381) (12,626)
Proceeds from sale of bank premises and equipment and other assets 810 4,857
Net cash used in investing activities (185,075) (157,669)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase (decrease) in noninterest-bearing deposits (56,706) 231,452
Net increase in interest-bearing deposits (102,875) (12,531)
Net increase (decrease) in borrowings 49,760 (94,335)
Common stock transactions:    
Proceeds from stock issuances 2,800 2,260
Dividends paid (39,645) (36,373)
Net cash provided by (used in) financing activities (146,666) 90,473
NET DECREASE IN CASH AND CASH EQUIVALENTS (172,838) 87,949
CASH AND CASH EQUIVALENTS, beginning of period 372,347 256,486
CASH AND CASH EQUIVALENTS, end of period 199,509 344,435
SUPPLEMENTAL INFORMATION AND NONCASH TRANSACTIONS:    
Interest paid 12,617 6,772
Federal income taxes paid 20,351 21,896
Transfer of loans and bank premises to other real estate 126 2,044
Investment securities purchased but not settled 13,453 993
Restricted stocks grant to directors and officers 523 $ 600
Stock issued in acquisition of Commercial Bancshares, Inc. $ 58,087