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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 341,999 $ 380,302
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 26,183 23,210
Provision for credit losses 42,151 (30,886)
Gain on other real estate and foreclosed assets (375) (5,210)
Loss on sale of securities   87
Deferred tax expense 3,266 9,396
Increase cash surrender value of life insurance contracts (13,452) (2,372)
Loss on disposal of assets 981 140
Net (increase) decrease in loans held for sale (14,572) 54,010
Net amortization of securities premium/discount 14,233 29,475
Amortization of intangible assets 8,884 10,762
Stock-based compensation expense 18,677 17,507
Net change in derivative collateral liability 101,108 36,776
Net increase in interest payable and other liabilities 26,642 1,964
(Increase) decrease in other assets (143,211) 174,915
Other, net (10,111) (24,999)
Net cash provided by operating activities 402,403 675,077
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from the sale of available for sale securities   73,219
Proceeds from maturities of securities available for sale 246,825 415,221
Purchases of securities available for sale (40,047) (517,178)
Proceeds from maturities of securities held to maturity 122,782 111,612
Purchases of securities held to maturity (6,023) (859,333)
Proceeds received upon termination of fair value hedge instruments 16,550 74,006
Net (increase) decrease in short-term investments (493,889) 3,568,970
Net (purchases) redemption of Federal Home Loan Bank stock (68,057) 4,969
Proceeds from sales of loans and leases 79,422 26,619
Net increase in loans (978,775) (1,545,537)
Purchase of life insurance contracts   (65,000)
Purchases of property and equipment (24,572) (22,352)
Proceeds from sales of other real estate and foreclosed assets 1,862 11,308
Other, net (7,240) 2,778
Net cash provided by (used in) investing activities (1,151,162) 1,279,302
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase (decrease) in deposits 1,249,988 (1,514,623)
Net decrease in short-term borrowings (445,343) (122,080)
Repayments of long-term debt   (480)
Dividends paid (78,531) (70,926)
Payroll tax remitted on net share settlement of equity awards (3,321) (1,891)
Proceeds from exercise of stock options   227
Proceeds from dividend reinvestment and stock purchase plans 2,858 2,671
Repurchase of common stock   (58,892)
Net cash provided by (used in) financing activities 725,651 (1,765,994)
NET INCREASE (DECREASE) IN CASH AND DUE FROM BANKS (23,108) 188,385
CASH AND DUE FROM BANKS, BEGINNING 564,459 401,201
CASH AND DUE FROM BANKS, ENDING 541,351 589,586
SUPPLEMENTAL INFORMATION FOR NON-CASH INVESTING AND FINANCING ACTIVITIES    
Assets acquired in settlement of loans $ 4,067 $ 328