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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net income $ 55,738 $ 47,693
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 1,274 1,472
Provision (benefit) for credit losses 4,183 (4,068)
Deferred income taxes 2,517 5,248
Net amortization of discount/premiums on debt securities 1,070 1,625
Net amortization on loan discount/premiums 1,606 429
Amortization of intangible assets 1,239 1,429
Amortization of servicing assets 493 648
Mortgage loans originated-for-sale (2,918) (27,811)
Proceeds from mortgage loans sold 3,884 29,636
Sale of investment securities (381) 0
Sale of SBA loans (501) 0
Sale of other real estate (90) (19)
Sale of state tax credits (91) (9)
Share-based compensation 2,469 1,686
Net change in other assets and liabilities    
Net change in other assets and liabilities (1,316) (8,076)
Net cash provided by operating activities 69,176 49,883
Cash flows from investing activities:    
Net increase in loans (285,158) (39,536)
Sale of debt securities, available-for-sale 28,741 0
Paydown or maturity of debt securities, available-for-sale 65,725 63,506
Paydown or maturity of debt securities, held-to-maturity 2,037 5,097
Redemption of other investments 41,109 1,248
Sale of SBA loans 9,502 0
Sale of state tax credits held for sale 504 261
Sale of other real estate 360 1,419
Sale of fixed assets 43 0
Settlement of bank-owned life insurance policies 0 534
Payments for the purchase of:    
Available-for-sale debt securities (86,737) (313,875)
Held-to-maturity debt securities (14,602) (1,120)
Other investments (39,123) (8,154)
State tax credits held for sale (21) (7,212)
Fixed assets (681) (457)
Net cash used in investing activities (278,301) (298,289)
Cash flows from financing activities:    
Net (decrease) increase in noninterest-bearing deposit accounts (450,209) 302,607
Net increase in interest-bearing deposit accounts 775,695 57,729
Repayments of notes payable (1,429) (1,429)
Net decrease in other borrowings (109,201) (123,589)
Repurchase of common stock 0 (16,974)
Cash dividends paid on common stock (9,328) (7,915)
Cash dividends paid on preferred stock (938) (1,229)
Other (1,741) (1,163)
Net cash provided by financing activities 202,849 208,037
Net decrease in cash and cash equivalents (6,276) (40,369)
Cash and cash equivalents, beginning of period 291,359 2,021,689
Cash and cash equivalents, end of period 285,083 1,981,320
Noncash investing and financing transactions:    
Cash paid during the period for interest 27,486 4,725
Cash paid during period for income taxes 0 979
Right-of-use assets obtained in exchange for lease obligations 564 4,178
Transfer of securities from available-for-sale to held-to-maturity $ 0 $ 116,927