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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
OPERATING ACTIVITIES    
NET CASH PROVIDED BY OPERATING ACTIVITIES $ 121,956 $ 196,674
INVESTING ACTIVITIES    
Net increase in loans held for investment (612,293) (533,917)
Available-for-sale debt securities:    
Proceeds from sales 30,987 0
Proceeds from maturities, prepayments and calls 254,684 484,434
Purchases of securities (4,500) (468,399)
Held-to-maturity debt securities:    
Proceeds from maturities, prepayments and calls 35,823 75,247
Purchases of securities   (335,042)
Proceeds from bank owned life insurance 2,946 7,816
Purchases of premises and equipment – net (19,581) (5,281)
Net cash used in investing activities (311,934) (775,142)
FINANCING ACTIVITIES    
Decrease in deposits (40,022) (119,900)
Proceeds from Federal Home Loan Bank borrowings 1,380,000  
Repayment of Federal Home Loan Bank borrowings (960,000) (126,980)
Decrease in other short-term borrowings (28,376) (13,910)
Principal repayments of finance lease obligations (2,057) (389)
Issuance of subordinated debt, net of issuance costs   147,702
Dividends paid to common shareholders (61,703) (61,292)
Dividends paid to preferred shareholders (7,594) (7,594)
Treasury shares purchased - net (3,599) (111,971)
Net cash provided by (used in) financing activities 276,649 (294,334)
Net increase (decrease) in cash, cash equivalents and restricted cash 86,671 (872,802)
Cash, cash equivalents and restricted cash at beginning of the period 408,411 1,251,358
Cash, cash equivalents and restricted cash at end of the period 495,082 378,556
SUPPLEMENTAL DISCLOSURES    
Interest paid on deposits and other borrowings 149,960 18,763
Income taxes paid 33,785 21,820
Transfers of loans to other real estate owned $ 168 $ 1,554