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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net income $ 142,048 $ 71,274 $ 93,606
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit loss expense (release) 8,295 36,729 (9,293)
Depreciation and amortization 23,853 16,448 13,585
Change in current income tax receivable 3,223 (3,880) 1,045
Change in deferred income taxes 55 (17,280) (226)
Discount accretion, net of premium amortization on securities (831) 1,111 4,335
Gain on sale of mortgages, net (9,907) (19,747) (56,946)
Origination of loans held for sale, net of repayments (398,438) (810,061) (1,867,734)
Proceeds from sales of loans held for sale 407,425 955,044 2,041,158
Originations of mortgage servicing rights (1,183) (4,187) (7,882)
Proceeds from sales of mortgage servicing rights 5,502   11,375
Gain on sale of mortgage servicing rights (1,052)   (1,290)
Impairment on fixed assets 349 118 1,553
Gain on sale of fixed assets (148) (1,674) (3,768)
Gain from banking center divestiture     (778)
Stock-based compensation 7,222 6,059 5,541
Operating lease payments (6,308) (5,036) (5,099)
Change in other assets 343 (26,749) 11,390
Change in other liabilities (13,513) 16,465 (51,070)
Net cash provided by operating activities 166,935 214,634 179,502
Cash flows from investing activities:      
Proceeds from non-marketable securities 100,046 4,175 2,006
Proceeds from maturities of investment securities available-for-sale 92,032 141,892 235,860
Proceeds from maturities of investment securities held-to-maturity 69,555 133,363 161,923
Proceeds from sales of investment securities available-for-sale   128,430  
Proceeds from sales of other real estate owned 581 3,564 1,917
Purchase of non-marketable securities (106,175) (37,271) (27,688)
Purchase of investment securities available-for-sale 0 (259,846) (288,580)
Purchase of investment securities held-to-maturity (2,452) (101,699) (397,758)
(Purchases) sales of premises and equipment, net (36,834) (12,430) 5,146
Net increase in loans (477,109) (987,511) (166,662)
Proceeds from the sale of loans 1,625 933  
Net cash activity from acquisition (45,300) 234,263  
Net cash used in investing activities (404,031) (752,137) (473,836)
Cash flows from financing activities:      
Net increase (decrease) in deposits 317,050 (465,818) 552,719
Net decrease in repurchase agreements and other short-term borrowings (587) (2,554) (129)
Proceeds from long-term debt     40,000
Payment of long-term debt issuance costs     (535)
Advances from the Federal Home Loan Bank 4,256,490 570,500  
Federal Home Loan Bank repayments (4,301,490) (185,500)  
Issuance of stock under purchase and equity compensation plans (1,534) (1,481) (2,267)
Proceeds from exercise of stock options 617 1,102 2,489
Payment of dividends (39,643) (30,447) (26,888)
Repurchase of common stock     (36,400)
Net cash provided by (used in) financing activities 230,903 (114,198) 528,989
(Decrease) increase in cash, cash equivalents and restricted cash(1) (6,193) (651,701) 234,655
Cash, cash equivalents and restricted cash at beginning of the year(1) 198,519 850,220 615,565
Cash, cash equivalents and restricted cash at end of period(1) 192,326 198,519 850,220
Supplemental disclosure of cash flow information during the period:      
Cash paid for interest 124,426 18,597 16,638
Net tax payments 32,846 11,302 15,389
Supplemental schedule of non-cash activities:      
Loans transferred from loans held for sale to loans 4,833 5,288 $ 7,807
Rock Canyon Bank      
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit loss expense (release) 5,400    
Supplemental schedule of non-cash activities:      
Treasury stock reissued for acquisition   60,642  
Bank of Jackson Hole      
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit loss expense (release) $ 16,300    
Supplemental schedule of non-cash activities:      
Treasury stock reissued for acquisition   $ 84,122