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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net income $ 247,426 $ 263,373
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 27,837 29,864
Provision for credit losses 16,575 71,480
Deferred income taxes 9,221 19,990
Gains on sale of securities, net   (45)
Share-based compensation expense 13,027 19,129
Accretion of discount related to acquired loans (8,673) (12,878)
Gains on disposal of premises and equipment (7) (89)
Gains on sale of bank properties held for sale and repossessed real estate (1,090) (1,430)
Net amortization of premiums and discounts on investment securities 9,721 10,197
Bank properties held for sale and repossessed real estate write downs 52 1,231
Fair value adjustment for loans held for sale (1,008) (66)
Originations and purchases of loans held for sale (553,362) (422,596)
Proceeds from sales of loans held for sale 511,006 411,489
Gains on sales of loans held for sale (5,755) (2,810)
Increase in cash surrender value of BOLI (13,444) (12,135)
Net change in:    
Accrued interest receivable (5,462) (2,636)
Prepaid assets (4,177) (829)
Operating leases 216 196
Bank owned life insurance (840) (976)
Trading securities (60,840) (25,317)
Derivative assets (12,097) 36,536
Miscellaneous other assets 40,804 4,258
Accrued interest payable (1,465) 25,573
Accrued income taxes 20,603 (9,601)
Derivative liabilities 150,861 (58,426)
Miscellaneous other liabilities 25,351 28,174
Net cash provided by operating activities 404,480 371,656
Cash flows from investing activities:    
Proceeds from sales of investment securities available for sale   125,298
Proceeds from maturities and calls of investment securities held to maturity 136,746 95,566
Proceeds from maturities and calls of investment securities available for sale 241,844 255,808
Proceeds from sales and redemptions of other investment securities 85,517 146,625
Purchases of investment securities available for sale (13,014) (3,174)
Purchases of other investment securities (94,989) (163,636)
Net increase in loans (857,537) (1,361,435)
Recoveries of loans previously charged off 9,626 7,858
Purchase of bank owned life insurance   (5,966)
Purchases of premises and equipment (14,999) (15,034)
Proceeds from redemption and payout of bank owned life insurance policies 3,739 4,292
Proceeds from sale of bank properties held for sale and repossessed real estate 8,724 7,610
Proceeds from sale of premises and equipment 363 675
Net cash used in investing activities (493,980) (905,513)
Cash flows from financing activities:    
Net increase in deposits 49,798 392,123
Net increase in federal funds purchased and securities sold under agreements to repurchase and other short-term borrowings 53,218 25,029
Proceeds from borrowings 2,550,000 4,850,000
Repayment of borrowings (2,350,000) (4,450,000)
Common stock issuance 823 647
Common stock repurchases (16,078) (7,022)
Dividends paid (80,413) (76,907)
Stock options exercised 441 1,173
Net cash provided by financing activities 207,789 735,043
Net increase in cash and cash equivalents 118,289 201,186
Cash and cash equivalents at beginning of period 998,877 1,312,563
Cash and cash equivalents at end of period 1,117,166 1,513,749
Cash paid for:    
Interest 355,649 159,883
Income taxes 42,186 62,170
Recognition of operating lease assets in exchange for lease liabilities 9,093  
Schedule of Noncash Investing Transactions:    
Real estate acquired in full or in partial settlement of loans $ 3,604 $ 3,186