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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net income $ 100,329 $ 146,949
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 16,178 15,475
Recovery from credit losses (8,449) (58,420)
Deferred income taxes 49,073 21,037
Share-based compensation expense 8,486 6,092
Accretion of discount related to acquired loans (6,741) (10,416)
Losses on disposal of premises and equipment 812 753
(Gains) losses on sale of bank properties held for sale and repossessed real estate (624) 2,349
Net amortization of premiums on investment securities 7,767 9,481
Bank properties held for sale and repossessed real estate write downs 195 469
Fair value adjustment for loans held for sale 6,026 5,852
Originations and purchases of loans held for sale (645,339) (842,796)
Proceeds from sales of loans held for sale 702,505 795,124
Gains on sales of loans held for sale (1,845) (20,709)
Increase in cash surrender value of BOLI (5,260) (3,280)
Net change in:    
Accrued interest receivable (4,630) 4,169
Prepaid assets 3,309 1,685
Operating leases 33 1,638
Bank owned life insurance   24
Trading securities 3,455 (41,412)
Derivative assets 5,882 397,570
Miscellaneous other assets (75,613) (172,197)
Accrued interest payable 3,035 1,394
Accrued income taxes (20,188) 19,436
Derivative liabilities (1,968) (402,575)
Miscellaneous other liabilities 35,761 421,343
Net cash provided by operating activities 172,189 299,035
Cash flows from investing activities:    
Proceeds from sales of investment securities available for sale 414,438  
Proceeds from maturities and calls of investment securities held to maturity 40,152 16,746
Proceeds from maturities and calls of investment securities available for sale 158,642 217,712
Proceeds from sales and redemptions of other investment securities 13,216 155
Purchases of investment securities available for sale (980,298) (850,593)
Purchases of investment securities held to maturity (1,049,722) (276,725)
Purchases of other investment securities (19,890) (1,181)
Net (increase) decrease in loans (243,652) 178,078
Net cash received from (paid in) acquisitions 250,115 (39,929)
Recoveries of loans previously charged off 3,168 3,396
Purchase of bank owned life insurance (80,000)  
Purchases of premises and equipment (4,983) (5,580)
Proceeds from sale of bank properties held for sale and repossessed real estate 5,449 6,599
Proceeds from sale of premises and equipment 453 952
Net cash used in investing activities (1,492,912) (750,370)
Cash flows from financing activities:    
Net increase in deposits 693,341 1,749,783
Net (decrease) increase in federal funds purchased and securities sold under agreements to repurchase and other short-term borrowings (60,830) 98,915
Common stock repurchases (88,815) (804)
Dividends paid (33,922) (33,448)
Stock options exercised 408 1,771
Net cash provided by financing activities 510,182 1,816,217
Net increase (decrease) in cash and cash equivalents (810,541) 1,364,882
Cash and cash equivalents at beginning of period 6,843,147 4,609,255
Cash and cash equivalents at end of period 6,032,606 5,974,137
Cash paid for:    
Interest 5,956 15,083
Income taxes 1,231 2,072
Recognition of operating lease assets in exchange for lease liabilities 12,428 1,298
Acquisitions:    
Fair value of tangible assets acquired 3,499,774 34,838
Other intangible assets acquired 20,791  
Liabilities assumed 3,205,694 2,343
Net identifiable assets acquired over liabilities assumed 342,939 15,816
Common stock issued in acquisition 659,772  
Real estate acquired in full or in partial settlement of loans $ 1,151 $ 1,631