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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 233,035 $ 223,169
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 15,021 16,369
Provision for credit losses 25,387 21,691
Gain on other real estate and foreclosed assets (388) (1,590)
Deferred tax expense (benefit) 17,199 (2,221)
Increase cash surrender value of life insurance contracts (9,396) (13,804)
Loss (gain) loss on disposal of assets 99 (1,374)
Net increase in loans held for sale (8,673) (1,019)
Net amortization of securities premium/discount 6,775 6,887
Amortization of intangible assets 4,637 4,915
Stock-based compensation expense 11,964 11,817
Net change in derivative collateral liability (22,017) 5,534
Net decrease in interest payable and other liabilities (19,528) (18,291)
Net (increase) decrease in other assets (26,395) 23,372
Other, net 2,265 (3,742)
Net cash provided by operating activities 229,985 271,713
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturities of securities available for sale 198,383 167,697
Purchases of securities available for sale (514,808) (289,144)
Proceeds from maturities of securities held to maturity 199,570 108,919
Net decrease in short-term investments 335,106 45,473
Net purchases of Federal Home Loan Bank stock (12,318) 0
Proceeds from sales of loans and leases 49,756 51,055
Net increase in loans (244,216) (56,692)
Purchases of property and equipment (7,758) (3,584)
Net cash paid in business acquisition (112,071)  
Proceeds from sales of other real estate and foreclosed assets 3,238 4,693
Other, net (4,118) 507
Net cash (used in) provided by investing activities (109,236) 28,924
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net decrease in deposits (446,239) (489,341)
Net increase in short-term borrowings 405,912 209,130
Dividends paid (78,237) (61,395)
Payroll tax remitted on net share settlement of equity awards (6,628) (6,801)
Proceeds from dividend reinvestment and stock purchase plans 2,212 2,018
Repurchase of common stock (60,177) (14,622)
Net cash used in financing activities (183,157) (361,011)
NET DECREASE IN CASH AND DUE FROM BANKS (62,408) (60,374)
CASH AND DUE FROM BANKS, BEGINNING 574,910 561,202
CASH AND DUE FROM BANKS, ENDING 512,502 500,828
SUPPLEMENTAL INFORMATION FOR NON-CASH INVESTING AND FINANCING ACTIVITIES    
Assets acquired in settlement of loans $ 5,691 $ 1,625