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Consolidated Statements of Cash Flow (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income (Loss) $ 118,459 $ 100,975
Adjustments to reconcile to net cash provided by operating activities:    
Provision for credit losses 2,973 7,373
Depreciation and amortization 11,247 10,833
Net amortization of securities premiums and discounts (232) (627)
Realized securities losses/(gains) 1,073 (50)
Gain on sales of loans (1,466) (1,224)
Cash receipts from the sale of loans originated for sale 86,205 110,096
Cash disbursements for loans originated for sale (86,675) (72,791)
Deferred income tax benefit (2,194) (1,764)
Gain on sale of other assets (919) (1,319)
Increase/(decrease) in interest receivable 914 (3,074)
(Decrease)/increase in interest payable (334) 5,314
Amortization of stock-based compensation arrangements 1,709 1,635
Excess tax benefit from stock-based compensation arrangements (1,043) (750)
Other, net 25,357 11,848
Net cash provided by operating activities 155,074 166,475
INVESTING ACTIVITIES    
Net decrease in federal funds sold 715 214
Purchases of available for sale debt securities (233) (270)
Proceeds from maturities, calls and paydowns of held for investment debt securities 90 352
Proceeds from maturities, calls and paydowns of available for sale debt securities 127,572 116,611
Purchase of equity securities (256) (404)
Proceeds from paydowns and sales of equity securities 351 206
Net change in loans (114,469) (445,920)
Net payments on derivative asset contracts (3,163) (22,293)
Purchases of premises, equipment and computer software (25,054) (16,273)
Purchase of tax credits (16,289) (2,469)
Other, net 4,322 8,978
Net cash used in investing activities (26,414) (361,268)
FINANCING ACTIVITIES    
Net change in deposits 337,646 315,480
Net change in short-term borrowings 5,860 913
Issuance of common stock in connection with stock-based compensation plans, net 1,982 2,565
Cash dividends paid (30,570) (28,336)
Net cash provided by financing activities 314,918 290,622
Net increase in cash, due from banks and interest-bearing deposits 443,578 95,829
Cash, due from banks and interest-bearing deposits at the beginning of the period 3,553,772 2,397,463
Cash, due from banks and interest-bearing deposits at the end of the period 3,997,350 2,493,292
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash paid during the period for interest 134,032 128,794
Cash paid during the period for income taxes 16,331 22,349
Noncash investing and financing activities:    
Unpaid common stock dividends declared $ 15,305 $ 14,200