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Consolidated Statements of Cash Flows - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net income $ 194,059 $ 203,043 $ 133,055
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 5,090 5,573 6,147
Provision (benefit) for credit losses 36,605 (611) 13,385
Deferred income taxes 2,380 2,194 545
Net amortization of debt securities 3,998 5,639 7,343
Net amortization (accretion) on loans 3,775 266 (1,140)
Amortization of intangible assets 4,601 5,367 5,690
Amortization of servicing assets 1,648 3,066 2,311
Mortgage loans originated-for-sale (19,610) (67,470) (159,670)
Proceeds from mortgage loans sold 20,585 73,014 163,864
Investment securities (601) 0 0
Loans sold (2,015) 0 0
Other real estate (187) 93 (931)
Fixed assets (46) (54) 0
State tax credits (904) (1,506) (2,220)
Asset impairment 0 0 3,441
Share-based compensation 10,146 8,006 6,017
Changes in other assets and liabilities, net 8,714 (19,980) (17,262)
Net cash provided by operating activities 268,238 216,640 160,575
Cash flows from investing activities:      
Net cash paid for acquisitions and dispositions 0 0 212,642
Net (increase) decrease in loans (1,238,276) (722,677) 138,455
Sale of debt securities, available-for-sale 40,393 0 27,135
Paydown or maturity of debt securities, available-for-sale 233,105 238,909 306,360
Paydown or maturity of debt securities, held-to-maturity 9,135 11,913 49,947
Redemption of other investments 92,879 12,989 18,159
Sale of loans 44,975 0 0
Sale of state tax credits held-for-sale 4,592 20,645 18,507
Sale of other real estate 457 2,517 5,915
Sale of fixed assets 357 1,699 0
Settlement of bank-owned life insurance policies 1,155 534 0
Payments for the purchase of:      
Available-for-sale debt securities (318,797) (728,247) (779,481)
Held-to-maturity debt securities (56,365) (182,004) 0
Other investments (114,746) (19,286) (9,564)
State tax credits held-for-sale (90) (18,846) (8,689)
Fixed assets (6,556) (1,930) (2,500)
Net cash used in investing activities (1,307,782) (1,383,784) (23,114)
Cash flows from financing activities:      
Net (decrease) increase in noninterest-bearing deposit accounts (683,989) 64,296 869,203
Net (decrease) increase in interest-bearing deposit accounts 2,031,210 (578,945) 648,778
Payments for the redemption of subordinated notes 0 0 (50,000)
Net increase (decrease) in short term FHLB advances, net (100,000) 100,000 (160,000)
Repayments of long-term FHLB advances 0 (50,000) 0
Repayments of notes payable (5,714) (5,714) (7,143)
Net (decrease) increase in other borrowings (20,576) (24,030) 59,925
Dividends paid on common stock (37,368) (33,602) (26,153)
Repurchase of common stock 0 (32,923) (60,589)
Dividends paid on preferred stock (3,750) (4,041) 0
Proceeds from issuance of preferred stock, net 0 0 71,988
Other, net 1,401 1,773 516
Net cash provided by (used in) financing activities 1,181,214 (563,186) 1,346,525
Net (decrease) increase in cash and cash equivalents 141,670 (1,730,330) 1,483,986
Cash and cash equivalents, beginning of period 291,359 2,021,689 537,703
Cash and cash equivalents, end of period 433,029 291,359 2,021,689
Supplemental disclosures of cash flow information:      
Cash paid during the period for interest 195,392 40,736 23,957
Cash paid during the period for income taxes 50,117 46,009 56,845
Noncash investing and financing transactions:      
Real Estate Owned, Transfer to Real Estate Owned 6,933 0 3,227
Sales of other real estate financed 0 0 228
Transfer of securities from available-for-sale to held-to-maturity 0 116,927 0
Transfer to loans from fixed assets for building sale and leaseback 1,460 0 0
Right-of-use assets obtained in exchange for lease obligations 15,640 9,512 5,658
Leasehold improvement allowance in other assets $ 2,483 $ 0 $ 0
Common shares issued in connection with acquisitions 0 0 343,650