XML 149 R137.htm IDEA: XBRL DOCUMENT v3.22.4
Parent Company Condensed Financial Information - Statements of Cash Flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
OPERATING ACTIVITIES      
Net Income $ 135,520 $ 110,343 $ 21,040
Net Cash Provided by Operating Activities 240,434 214,852 51,552
FINANCING ACTIVITIES      
Repayment of long term debt (7,689) (11,001) (27,187)
Sale of treasury shares, net (808) (630) (594)
Purchase of treasury shares (7,637) 0 (12,559)
Cash dividends paid to common shareholders (46,952) (44,325) (43,949)
Net Cash Provided by Financing Activities (554,053) 464,458 139,493
Net (decrease) increase in cash and cash equivalents (712,206) 692,549 31,843
Cash and cash equivalents at beginning of year 922,215 229,666 197,823
Cash and Cash Equivalents at End of Year 210,009 922,215 229,666
Parent Company      
OPERATING ACTIVITIES      
Net Income 135,520 110,343 21,040
Equity in undistributed (earnings) losses of subsidiaries (78,543) (52,217) 33,430
Other 1,468 761 1,708
Net Cash Provided by Operating Activities 58,445 58,887 56,178
FINANCING ACTIVITIES      
Repayment of long term debt 0 (9,750) 0
Sale of treasury shares, net (808) (629) (594)
Purchase of treasury shares (7,637) 0 (12,559)
Cash dividends paid to common shareholders (46,952) (44,324) (43,949)
Net Cash Provided by Financing Activities (55,397) (54,703) (57,102)
Net (decrease) increase in cash and cash equivalents 3,048 4,184 (924)
Cash and cash equivalents at beginning of year 10,769 6,585 7,509
Cash and Cash Equivalents at End of Year $ 13,817 $ 10,769 $ 6,585