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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash Flow from Operating Activities:    
Net income $ 168,936 $ 137,053
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 14,100 31,500
Depreciation and amortization 23,718 10,602
Change in deferred taxes (2,095) 3,128
Share-based compensation 4,916 4,191
Loans originated for sale (358,898) (775,504)
Proceeds from sales of loans held for sale 366,363 773,446
Gains on sales of loans held for sale (11,992) (10,508)
Net losses on sales and redemptions of securities available for sale 8 9,165
Increase in cash surrender value of life insurance (4,667) (4,128)
Gains on life insurance benefits (1,092) (2,148)
Change in interest receivable 2,727 5,585
Change in interest payable 2,138 (319)
Other adjustments (1,228) 16,643
Net cash provided by operating activities 202,934 198,706
Cash Flows from Investing Activities:    
Net change in interest-bearing deposits 130,185 76,954
Purchase of securities available for sale (10,609) (93,463)
Proceeds from sales of securities available for sale 0 149,771
Proceeds from maturities and redemptions of:    
Securities available for sale 47,991 33,346
Securities held to maturity 76,183 72,938
Purchases of Federal Home Loan Bank stock (5,644) 0
Redemptions of Federal Home Loan Bank stock 70 53
Payment of capital calls to qualified affordable housing investments (34,969) (22,238)
Net change in loans (681,224) (206,478)
Proceeds from the sale of other real estate owned 6,072 325
Proceeds from life insurance benefits 4,082 7,964
Other adjustments (5,203) (25,046)
Net cash used by investing activities (473,066) (885)
Net increase (decrease) in:    
Demand and savings deposits 307,586 (308,714)
Certificates of deposit and other time deposits 40,767 140,074
Proceeds from borrowings 854,091 551,851
Repayment of borrowings (834,422) (499,542)
Cash dividends on preferred stock (1,406) (1,406)
Cash dividends on common stock (62,092) (61,146)
Stock issued under employee benefit plans 480 511
Stock issued under dividend reinvestment and stock purchase plans 1,737 1,676
Stock options exercised 330 900
Repurchase of common stock (36,476) (49,955)
Net cash provided (used) by financing activities 270,595 (225,751)
Net Change in Cash and Cash Equivalents 463 (27,930)
Cash and Cash Equivalents, January 1 87,616 112,649
Cash and Cash Equivalents, September 30 88,079 84,719
Additional cash flow information:    
Interest paid 288,261 327,443
Income tax paid 18,397 6,407
Loans transferred to other real estate owned 2,202 699
Fixed assets transferred to other real estate owned 0 69
Non-cash investing activities using trade date accounting 70,182 17,749
ROU assets obtained in exchange for new operating lease liabilities 692 6,918
Qualified affordable housing investments obtained in exchange for funding commitments 20,000 40,500
Reclassification of loans and other branch assets to held for sale 0 13,404
Reclassification of deposits and other branch liabilities to held for sale 0 288,476
Mortgage Loan    
Proceeds from maturities and redemptions of:    
Proceeds from portfolio loan sale 0 1,716
Commercial Loan    
Proceeds from maturities and redemptions of:    
Proceeds from portfolio loan sale $ 0 $ 3,273