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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 119,290,000 $ 86,526,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation and amortization 24,586,000 21,071,000
Change In Unamortized Net Loan Costs And Premiums (22,566,000) (9,406,000)
Provision for credit losses (17,500,000) 52,500,000
Deferred income tax expense 271,000 2,802,000
Net unrealized (gain) loss on equity securities (695,000) 107,000
Gain (Loss) on Disposition of Property Plant Equipment 32,000 363,000
Loss on Termination of Derivatives 0 684,000
Sale and Leaseback Transaction, Gain (Loss), Net 433,000 433,000
Stock based compensation 3,467,000 3,297,000
Increase in cash surrender value of life insurance policies (4,508,000) (3,902,000)
Gain Realized on Life Insurance Policies (258,000) (692,000)
Operating Lease, Payments (8,993,000) (8,899,000)
Operating lease termination payments (4,750,000) 0
Change in Fair Value on Loans Held for Sale 1,534,000 (1,252,000)
Net change in:    
Trading assets (666,000) (433,000)
Loans held for sale 23,017,000 (20,154,000)
Other assets 16,700,000 (200,520,000)
Increase (Decrease) in Other Operating Liabilities 28,267,000 89,164,000
Total adjustments 37,505,000 (75,703,000)
Net cash provided by operating activities 156,795,000 10,823,000
Proceeds from Sale of Debt and Equity Securities, FV-NI, Held-for-investment 1,164,000 0
Cash flows used in investing activities    
Increase (Decrease) in Equity Securities, FV-NI (1,522,000) (331,000)
Proceeds from maturities and principal repayments of securities available for sale 75,442,000 74,898,000
Payments to Acquire Debt Securities, Available-for-sale (1,106,079,000) (58,704,000)
Proceeds from maturities and principal repayments of securities held to maturity 199,304,000 176,841,000
Purchases of securities held to maturity (340,713,000) (95,017,000)
Net redemption (purchases) of Federal Home Loan Bank stock 1,584,000 (666,000)
Investments in low income housing projects (19,236,000) (15,586,000)
Purchases of life insurance policies (40,116,000) (116,000)
Proceeds from Life Insurance Policy 576,000 2,629,000
Net decrease (increase) in loans 603,773,000 (525,626,000)
Purchases of bank premises and equipment (16,114,000) (8,283,000)
Proceeds from the sale of bank premises and equipment 78,000 283,000
Payments on early termination of hedging relationship 0 (684,000)
Net cash used in investing activities (641,859,000) (450,362,000)
Cash flows provided by financing activities    
Net decrease in time deposits (165,052,000) (336,289,000)
Net increase in other deposits 1,432,037,000 2,040,615,000
Increase (Decrease) in Federal Funds Purchased and Securities Sold under Agreements to Repurchase, Net 0 55,000,000
Increase Decrease in Federal Home Loan Bank Advances Long Term (10,000,000) (25,000,000)
Repayments of Debt (14,063,000) (37,500,000)
Net Purchases from Stock Options Exercised (57,000) 114,000
Restricted stock awards issued, net of awards surrendered (1,246,000) (1,186,000)
Proceeds from shares issued under direct stock purchase plan 1,515,000 1,620,000
Payments for shares repurchased under share repurchase program 0 (95,091,000)
Common dividends paid (46,875,000) (45,681,000)
Net cash provided by financing activities 1,196,259,000 1,556,602,000
Net increase in cash and cash equivalents 711,195,000 1,117,063,000
Cash and cash equivalents at beginning of year 1,296,636,000 150,974,000
Cash and cash equivalents at end of period 2,007,831,000 1,268,037,000
Supplemental schedule of noncash activities    
Net increase in capital commitments relating to low income housing project investments 34,127,000 28,027,000
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability $ 5,888,000 $ 7,693,000