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Consolidated Statements of Cash Flow - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 167,630 $ 99,586 $ 134,879
Adjustments to reconcile to net cash provided by operating activities:      
(Benefit from) provision for credit losses (8,690) 62,648 8,287
Depreciation and amortization 20,041 18,424 15,989
Net amortization of securities premiums and discounts 4,409 (94) (4,282)
Realized securities (gains) losses (1,047) 389 (812)
Gain on sales of loans (7,282) (6,067) (3,619)
Cash receipts from the sale of loans originated for sale 369,301 415,589 238,324
Cash disbursements for loans originated for sale (354,674) (430,653) (237,543)
Deferred income tax provision (benefit) 7,044 (9,491) 1,148
Gain on other assets (3,379) (2,345) (1,372)
Decrease/(increase) in interest receivable 4,214 (325) 887
Decrease in interest payable (617) (1,641) (17)
Amortization of stock-based compensation arrangements of subsidiaries 2,133 1,516 1,277
Excess tax benefit from stock-based compensation arrangements (1,932) (500) (928)
Other, net (7,363) 7,305 6,740
Net cash provided by operating activities 189,788 154,341 158,958
INVESTING ACTIVITIES      
Net cash received from acquisitions, net of cash paid 12,599 18,397 77,672
Net cash paid from sale of assets and liabilities, net of cash received (13,733)    
Net decrease/(increase) in federal funds sold 14,200 1,000 (1,000)
Purchases of held for investment debt securities (845) (1,395) (1,010)
Purchases of available for sale debt securities (462,304) (605,069) (174,090)
Proceeds from maturities, calls and paydowns of held for investment debt securities 831 561 535
Proceeds from maturities, calls and paydowns of available for sale debt securities 506,737 547,729 508,293
Purchase of equity securities (904) (811) (3,966)
Proceeds from paydowns and sales of equity securities 1,459 445 2,178
Net change in loans 404,393 (798,024) (310,053)
Purchases of premises, equipment and computer software (27,251) (66,446) (27,054)
Purchase of tax credits (7,456) (2,200) (29,025)
Other, net 9,305 7,820 7,867
Net cash provided by (used in) investing activities 437,031 (897,993) 50,347
FINANCING ACTIVITIES      
Net change in deposits (191,737) 536,063 274,218
Net change in short-term borrowings (1,100)   (575)
Proceeds from long-term borrowings   3,000  
Paydown of long-term borrowings   (3,000)  
Issuance of common stock in connection with stock options, net 2,260 1,790 2,484
Common stock acquired (11,663) (3,098) (1,601)
Proceeds from issuance of subordinated notes, net of debt issuance costs 59,150    
Net cash settlement of options (5,479)    
Cash dividends paid (45,140) (42,472) (39,805)
Net cash (used in) provided by financing activities (193,709) 492,283 234,721
Net increase/(decrease) in cash, due from banks and interest-bearing deposits 433,110 (251,369) 444,026
Cash, due from banks and interest-bearing deposits at the beginning of the period 1,616,912 1,868,281 1,424,255
Cash, due from banks and interest-bearing deposits at the end of the period 2,050,022 1,616,912 1,868,281
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:      
Cash paid during the period for interest 11,993 22,056 54,602
Cash paid during the period for income taxes 30,600 26,525 30,975
Noncash investing and financing activities:      
Cash consideration for acquisitions 21,000 2,861 123,457
Fair value of assets acquired in acquisitions 283,711 47,838 729,378
Liabilities assumed in acquisitions 257,915 45,040 605,921
Unpaid common stock dividends declared $ 11,737 $ 11,125 $ 10,453