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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating Activities:    
Net income $ 343,046 $ 307,925
Adjustments to reconcile net income to net cash from operating activities:    
Credit loss expense 16,512 26,199
Deferred tax expense (benefit) (5,070) (4,017)
Accretion of loan discounts (18,028) (13,718)
Securities premium amortization (discount accretion), net 3,188 20,128
Net (gain) loss on securities transactions 0 14
Depreciation and amortization 44,652 43,734
Net (gain) loss on sale/write-down of assets/foreclosed assets (201) (2,374)
Stock-based compensation 10,584 8,913
Net tax benefit from stock-based compensation 296 1,376
Earnings on life insurance policies (1,946) (1,882)
Net change in:    
Trading account securities (1,549) (4,309)
Lease right-of-use assets 13,368 12,887
Accrued interest receivable and other assets (19,338) 1,530
Accrued interest payable and other liabilities (95,248) (551,745)
Net cash from operating activities 290,266 (155,339)
Investing Activities:    
Securities held-to-maturity - Purchases 0 (1,500)
Securities held to maturity: Maturities, calls and principal repayments 44,136 46,888
Securities available for sale:    
Purchases (11,382,467) (8,285,846)
Sales 0 38,556
Maturities, calls and principal repayments 9,339,733 6,882,720
Proceeds from sale of loans 0 7,305
Net change in loans (1,090,725) (514,111)
Benefits received on life insurance policies 1,573 1,820
Proceeds from sales of premises and equipment 469 38
Purchases of premises and equipment (98,686) (67,218)
Proceeds from sales of foreclosed assets 535 15,135
Net cash from investing activities (3,185,432) (1,876,213)
Financing Activities:    
Net change in deposits 416,151 (1,039,134)
Net change in short-term borrowings 367,468 79,163
Proceeds from stock option exercises 0 5,956
Purchase of treasury stock (163,193) (2,676)
Cash dividends paid on preferred stock (3,338) (3,338)
Cash dividends paid on common stock (128,783) (126,590)
Net cash from financing activities 488,305 (1,086,619)
Net change in cash and cash equivalents (2,406,861) (3,118,171)
Cash and cash equivalents at beginning of period 8,874,055 10,234,258
Cash and cash equivalents at end of period $ 6,467,194 $ 7,116,087