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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash Flows From Operating Activities    
Net income (loss) $ 146,600 $ (27,586)
Adjustments to reconcile net income (loss) to cash provided by operating activities:    
Depreciation 9,121 7,790
Amortization of other intangible assets 6,186 4,811
Amortization of tax credit investments 2,761 1,516
Net premium amortization on investment securities 3,603 4,462
Accretion income related to acquired loans (6,410) (14,241)
Share-based compensation expense 12,742 6,284
Provision for credit losses 13,437 108,736
Debt securities (gains) losses, net 5,216 (342)
Net (gains) losses on sales of loans and other assets 829 (2,381)
Increase in cash surrender value of company-owned life insurance (3,186) (3,524)
Residential real estate loans originated for sale (65,148) (205,945)
Proceeds from sales of residential real estate loans 67,468 220,534
(Increase) decrease in interest receivable 1,533 635
(Increase) decrease in other assets (3,833) 98,413
Increase (decrease) in accrued expenses and other liabilities (137,230) (38,102)
Net cash flows provided by (used in) operating activities 53,689 161,060
Cash Flows From Investing Activities    
Cash received from merger, net 0 1,912,629
Purchases of investment securities available-for-sale (44,413) (814,796)
Purchases of investment securities held-to-maturity (1,941) (30,418)
Purchases of Federal Home Loan Bank/Federal Reserve Bank stock (99,158) (69,818)
Purchases of equity securities (20,807) (904)
Proceeds from maturities, prepayments, and calls of investment securities available-for-sale 164,893 342,435
Proceeds from sales of investment securities available-for-sale 51,522 10,839
Proceeds from maturities, prepayments, and calls of investment securities held-to-maturity 24,744 2,752
Proceeds from sales of Federal Home Loan Bank/Federal Reserve Bank stock 0 54,897
Proceeds from sales of equity securities 615 41,313
Loan originations and payments, net (708,752) (336,091)
Proceeds from company-owned life insurance death benefits 2,257 1,582
Proceeds from sales of premises and equipment and other assets 1,410 2,751
Purchases of premises and equipment and other assets (10,456) (9,588)
Net cash flows provided by (used in) investing activities (640,086) 1,107,583
Net increase (decrease) in:    
Deposits (83,038) (211,209)
Federal funds purchased and interbank borrowings 37,466 1,445
Securities sold under agreements to repurchase (39,786) (18,194)
Other borrowings (4,002) 26,566
Payments for maturities of Federal Home Loan Bank advances (750,150) (6)
Proceeds from Federal Home Loan Bank advances 1,900,000 200,000
Cash dividends paid (45,122) (42,799)
Common stock repurchased (43,710) (70,078)
Common stock issued 262 165
Net cash flows provided by (used in) financing activities 971,920 (114,110)
Net increase (decrease) in cash and cash equivalents 385,523 1,154,533
Cash and cash equivalents at beginning of period 728,412 822,019
Cash and cash equivalents at end of period 1,113,935 1,976,552
Supplemental cash flow information:    
Total interest paid 104,917 17,854
Total income taxes paid (net of refunds) 1,182 1,471
Issuance of common stock 0 2,446,312
Investment securities purchased but not settled 0 22,183
Securities transferred from available-for-sale to held-to-maturity 0 2,038,900
Operating lease right-of-use assets obtained in exchange for lease obligations 222 2,249
Finance lease right-of-use assets obtained in exchange for lease obligations 9,141 0
Preferred Stock    
Supplemental cash flow information:    
Issuance of common stock $ 0 $ 243,870