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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income $ 390,605 $ 387,517
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 41,547 44,365
Provision for credit losses 9,604 104,189
Deferred income taxes 17,335 72,680
Gains on sale of securities, net   (45)
Share-based compensation expense 20,898 28,484
Accretion of discount related to acquired loans (11,531) (16,931)
(Gains) losses on disposal of premises and equipment (19) 27
Gains on sale of bank properties held for sale and repossessed real estate (938) (1,454)
Net amortization of premiums and discounts on investment securities 14,559 15,181
Bank properties held for sale and repossessed real estate write downs 246 1,525
Fair value adjustment for loans held for sale (232) 508
Originations and purchases of mortgage loans held for sale (848,574) (666,880)
Proceeds from sales of mortgage loans held for sale 846,859 670,223
Gains on sales of mortgage loans held for sale (12,030) (2,327)
Originations and purchases of SBA loans held for sale (420,403) (73,512)
Proceeds from sales of SBA loans held for sale 106,222 80,104
Gains on sales of SBA loans held for sale (8,781) (6,592)
Increase in cash surrender value of BOLI (20,572) (18,573)
Net change in:    
Accrued interest receivable (11,133) (16,665)
Prepaid assets (1,473) (4,178)
Operating leases 144 231
Bank owned life insurance (1,989) (1,589)
Trading securities 35,111 (82,891)
Derivative assets (22,783) (1,329)
Miscellaneous other assets 16,409 (41,921)
Accrued interest payable (4,183) 38,945
Accrued income taxes 32,916 (31,740)
Derivative liabilities (198,292) 217,735
Miscellaneous other liabilities 188,146 125,989
Net cash provided by operating activities 157,668 821,076
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 182,902 145,751
Proceeds from maturities and calls of investment securities available for sale 406,148 404,718
Proceeds from sales and redemptions of other investment securities 130,642 185,875
Purchases of investment securities available for sale (60,668) (34,505)
Purchases of other investment securities (140,168) (193,310)
Net increase in loans (1,177,079) (1,855,352)
Recoveries of loans previously charged off 12,149 12,630
Purchase of bank owned life insurance   (5,966)
Purchases of premises and equipment (22,391) (26,372)
Proceeds from redemption and payout of bank owned life insurance policies 6,739 5,956
Proceeds from sale of bank properties held for sale and repossessed real estate 11,277 8,392
Proceeds from sale of premises and equipment 373 850
Net cash used in investing activities (650,076) (1,226,035)
Cash flows from financing activities:    
Net increase in deposits 589,744 585,786
Net increase (decrease) in federal funds purchased and securities sold under agreements to repurchase and other short-term borrowings 49,137 (43,113)
Proceeds from borrowings 4,000,000 5,350,200
Repayment of borrowings (3,800,000) (5,350,200)
Common stock issuance 1,670 1,356
Common stock repurchases (16,683) (7,409)
Dividends paid (121,651) (116,479)
Stock options exercised 3,993 1,392
Net cash provided by financing activities 706,210 421,533
Net increase in cash and cash equivalents 213,802 16,574
Cash and cash equivalents at beginning of period 998,877 1,312,563
Cash and cash equivalents at end of period 1,212,679 1,329,137
Cash paid for:    
Interest 551,066 291,649
Income taxes 61,511 68,672
Recognition of operating lease assets in exchange for lease liabilities 9,093 701
Schedule of Noncash Investing Transactions:    
Real estate acquired in full or in partial settlement of loans $ 3,774 $ 3,298