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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
OPERATING ACTIVITIES      
Net Income (Loss) $ 159,032 $ 192,113 $ 242,260
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization of premises and equipment 14,435 13,042 13,387
Other net amortization (accretion) 13,573 8,890 (11,001)
Provision for credit losses 17,734 (1,663) (64,274)
Net securities (gains) losses (900) 1,777 (1,113)
Mortgage banking income (2,652) (5,129) (19,528)
Stock compensation expense 8,324 6,246 6,475
(Increase) decrease in deferred income tax assets, net (3,681) 4,489 18,692
Increase in cash surrender value of bank-owned life insurance (11,002) (10,728) (8,936)
Loans originated for sale (299,832) (240,270) (648,344)
Proceeds from the sale of loans originated for sale 291,886 257,290 789,823
Net change in: accrued interest receivable and other assets (30,029) (63,074) 60,503
Net change in: accrued interest payable and other liabilities 12,589 44,232 (35,098)
Other—net (155) (3,075) (6,549)
Net cash provided by operating activities 169,322 204,140 336,297
INVESTING ACTIVITIES      
Net (increase) decrease in loans held for investment (935,437) (958,192) 1,108,165
Available-for-sale debt securities:      
Proceeds from sales 30,987 0 0
Proceeds from maturities, prepayments and calls 341,161 604,330 839,584
Purchases of securities (4,500) (468,399) (1,955,670)
Held-to-maturity debt securities:      
Proceeds from maturities, prepayments and calls 46,741 88,407 108,883
Purchases of securities   (335,042) (385,538)
Equity securities:      
Purchases of bank owned life insurance     (40,000)
Proceeds from bank owned life insurance 8,330 8,726 4,615
Purchases of premises and equipment—net (22,506) (7,990) (8,535)
Net cash used in investing activities (535,224) (1,068,160) (328,496)
FINANCING ACTIVITIES      
Increase (decrease) in deposits 38,614 (432,775) 1,140,303
Proceeds from Federal Home Loan Bank borrowings 1,605,000 650,000  
Repayment of Federal Home Loan Bank borrowings (960,000) (128,980) (365,201)
Decrease in other short-term borrowings (29,176) (6,824) (100,057)
Principal repayments of finance lease obligations (3,347) (553) (444)
Issuance of subordinated debt, net of issuance costs   147,702  
Repayment of subordinated and junior subordinated debt (2,294)   (60,000)
Dividends paid to common shareholders (82,290) (81,325) (86,484)
Dividends paid to preferred shareholders (10,125) (10,125) (10,125)
Treasury shares purchased—net (3,508) (116,047) (179,882)
Net cash provided by financing activities 552,874 21,073 338,110
Net increase (decrease) in cash, cash equivalents and restricted cash 186,972 (842,947) 345,911
Cash, cash equivalents and restricted cash at beginning of the year 408,411 1,251,358 905,447
Cash, cash equivalents and restricted cash at end of the year 595,383 408,411 1,251,358
SUPPLEMENTAL DISCLOSURES      
Interest paid on deposits and other borrowings 223,918 37,745 32,572
Income taxes paid 35,595 24,899 35,725
Transfers of loans to other real estate owned $ 210 $ 1,554 $ 526