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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Statement of Cash Flows [Abstract]    
Net Cash Provided by (Used in) Operating Activities $ 128,043 $ (31,568)
INVESTING ACTIVITIES    
Purchases of securities (153,587) (80,292)
Proceeds from maturities, prepayments and calls of securities 72,951 81,156
Proceeds from sales of securities 1,917 1,349
Net proceeds from sales of Federal Home Loan Bank stock 2,924 7,826
Net decrease (increase) in loans 201,545 (491,457)
Proceeds from sale of portfolio loans 3,438 0
Purchases of premises and equipment (1,926) (2,862)
Proceeds from the sale of premises and equipment 74 0
Net Cash Provided by (Used in) Investing Activities 127,336 (484,280)
FINANCING ACTIVITIES    
Net increase in core deposits 712,568 902,933
Net decrease in certificates of deposit (117,782) (71,007)
Net increase in securities sold under repurchase agreements 3,424 72,271
Net decrease in short-term borrowings (75,000) (196,778)
Repayments on long-term borrowings (712) (2,864)
Treasury shares issued-net (302) (594)
Cash dividends paid to common shareholders (21,963) (22,012)
Repurchase of common stock 0 (12,559)
Net Cash Provided by Financing Activities 500,233 669,390
Net increase in cash and cash equivalents 755,612 153,542
Cash and cash equivalents at beginning of period 229,666 197,823
Cash and Cash Equivalents at End of Period 985,278 351,365
Supplemental Disclosures    
Loans transferred to held for sale 2,798 0
Interest paid 9,114 29,721
Income taxes paid, net of refunds 12,097 210
Transfers of loans to other real estate owned $ 90 $ 513