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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Cash flows from operating activities      
Net income $ 103,360 $ 74,262  
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit losses 17,971 (3,990)  
Depreciation and amortization 11,425 11,680  
Change in MSRs valuation 1,857 (9,451)  
Amortization of other intangible assets 2,203 2,203  
Amortization and accretion on earning assets, funding, and other, net 338 5,338  
Net amortization of tax credit investments 8,574 8,535  
(Gains) on sales of investment securities, net 0 (21)  
Asset (gains), net (263) (188)  
Loss on mortgage banking activities, net 251 4,183  
Mortgage loans originated and acquired for sale (69,254) (252,113)  
Proceeds from sales of mortgage loans held for sale 54,652 296,089  
Changes in certain assets and liabilities:      
(Increase) in interest receivable (7,955) (2,592)  
(Decrease) increase in interest payable 14,775 (1,917)  
(Decrease) in expense payable (52,396) (46,737)  
(Decrease) increase in net derivative position (42,403) 152,545  
Net change in other assets and other liabilities 4,336 8,292  
Net cash provided by operating activities 47,470 246,119  
Cash flows from investing activities      
Net (increase) in loans (414,268) (305,878)  
Purchases of:      
AFS securities (681,386) (409,076)  
HTM securities (41,524) (135,301)  
Federal Home Loan Bank and Federal Reserve Bank stocks and equity securities (56,892) (301)  
Proceeds from:      
Sales of AFS securities 0 734  
Sale of Federal Home Loan Bank and Federal Reserve Bank stocks and equity securities 15,765 8  
Prepayments, calls, and maturities of AFS securities 79,746 167,986  
Prepayments, calls, and maturities of HTM securities 33,053 51,206  
Sales, prepayments, calls, and maturities of other assets 10,115 18,012  
Net change in tax credit and alternative investments (7,033) (10,293)  
Premises, equipment, and software, net of disposals (13,898) (17,141)  
Net cash (used in) investing activities (1,076,322) (640,045)  
Cash flows from financing activities      
Net increase (decrease) in deposits 695,723 (60,949)  
Net increase (decrease) in short-term funding (379,329) 45,098  
Net increase in short-term FHLB advances 660,000 320,000  
Repayment of long-term FHLB advances (507) (414,578)  
Proceeds from long-term FHLB advances 115 11,506  
Proceeds from issuance of long-term funding 292,740 0  
(Repayment) proceeds of finance lease principal (21) 399  
Proceeds from issuance of common stock for stock-based compensation plans 1,766 6,654  
Cash dividends on common stock (32,013) (30,583)  
Cash dividends on preferred stock (2,875) (2,875)  
Net cash provided by (used in) financing activities 1,230,238 (130,521)  
Net increase (decrease) in cash and cash equivalents 201,385 (524,447)  
Cash and cash equivalents at beginning of period 621,455 1,025,515 $ 1,025,515
Cash and cash equivalents at end of period(a) 822,840 501,068 621,455
Supplemental disclosures of cash flow information      
Cash paid for interest 153,760 16,267  
Cash paid for (received from) income and franchise taxes 1,086 (1,471)  
Loans and bank premises transferred to OREO 3,599 426  
Capitalized mortgage servicing rights 474 3,042 $ 7,279
Loans transferred into held for sale from portfolio, net 94 2,644  
Transfer of AFS securities to HTM securities 0 1,621,990  
Unsettled trades to purchase securities 0 4,246  
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge (10,724) 0  
Unrealized Gain (Loss) on Cash Flow Hedging Instruments 13,763 0  
Fair Value, Measurements, Recurring      
Supplemental disclosures of cash flow information      
Unrealized Gain (Loss) on Cash Flow Hedging Instruments 10,331 0  
Performance/Service Based RSAs, RSA,      
Cash flows from financing activities      
Purchase of treasury stock, open market purchases (5,362) (5,193)  
Retained Earnings [Member]      
Cash flows from operating activities      
Net income $ 103,360 $ 74,262