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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Statement of Cash Flows [Abstract]    
Net Cash Provided by (Used in) Operating Activities $ 90,145 $ (59,961)
INVESTING ACTIVITIES    
Purchases of securities (89,038) (30,292)
Proceeds from maturities, prepayments and calls of securities 34,715 33,869
Net proceeds from sales (purchases of) of Federal Home Loan Bank stock 831 (5,277)
Net decrease (increase) in loans 33,937 (122,507)
Proceeds from sale of loans not originated for resale 640 0
Purchases of premises and equipment (811) (1,429)
Proceeds from the sale of premises and equipment 74 0
Net Cash Used in Investing Activities (19,652) (125,636)
FINANCING ACTIVITIES    
Net increase in core deposits 522,528 28,684
Net decrease in certificates of deposit (67,003) (7,042)
Net increase in securities sold under repurchase agreements 2,254 49,756
Net decrease (increase) in short-term borrowings (75,000) 128,921
Repayments on long-term borrowings (399) (688)
Treasury shares issued-net (135) (563)
Cash dividends paid to common shareholders (10,975) (11,051)
Repurchase of common stock 0 (12,559)
Net Cash Provided by Financing Activities 371,270 175,458
Net increase (decrease) in cash and cash equivalents 441,763 (10,139)
Cash and cash equivalents at beginning of period 229,666 197,823
Cash and Cash Equivalents at End of Period 671,429 187,684
Supplemental Disclosures    
Loans transferred to held for sale 2,798 0
Leased right-of-use operating assets and lease liabilities 0 91
Interest paid 5,368 17,795
Income taxes paid, net of refunds 197 210
Transfers of loans to other real estate owned $ 77 $ 110