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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
OPERATING ACTIVITIES    
NET CASH PROVIDED BY OPERATING ACTIVITIES $ 82,830 $ 57,941
INVESTING ACTIVITIES    
Net increase in loans held for investment (624,818) (427,264)
Available-for-sale debt securities:    
Proceeds from sales 0 28,317
Proceeds from maturities, prepayments and calls 129,661 167,849
Purchases of securities (51,557) (2,500)
Held-to-maturity debt securities:    
Proceeds from maturities, prepayments and calls 18,847 22,929
Proceeds from bank owned life insurance 1 2,306
Purchases of premises and equipment – net (1,897) (16,916)
Net cash used in investing activities (529,763) (225,279)
FINANCING ACTIVITIES    
Increase (decrease) in deposits 263,819 (269,018)
Proceeds from Federal Home Loan Bank borrowings 1,175,000 1,380,000
Repayment of Federal Home Loan Bank borrowings (1,050,000) (705,000)
Decrease in other short-term borrowings (136) (33,783)
Principal repayments of finance lease obligations (1,665) (1,148)
Dividends paid to common shareholders (42,351) (41,120)
Dividends paid to preferred shareholders (5,063) (5,063)
Treasury shares purchased - net (1,265) (3,623)
Net cash provided by financing activities 338,339 321,245
Net (decrease) increase in cash, cash equivalents and restricted cash (108,594) 153,907
Cash, cash equivalents and restricted cash at beginning of the period 595,383 408,411
Cash, cash equivalents and restricted cash at end of the period 486,789 562,318
SUPPLEMENTAL DISCLOSURES    
Interest paid on deposits and other borrowings 163,530 86,623
Income taxes paid 15,985 24,240
Transfers of loans to other real estate owned $ 152 $ 147