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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
NET EARNINGS $ 52,505 $ 49,303
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 5,687 5,074
PROVISION FOR LOAN LOSSES 4,386 2,844
Securities premium amortization (discount accretion), net 13,912 13,164
Gain on sale of assets, net (1,706) (226)
Deferred federal income tax benefit (1,288) (763)
Change in loans held for sale 7,810 (16,741)
Change in other assets 5,861 (15,129)
Change in other liabilities 3,843 8,022
Total adjustments 38,505 (3,755)
Net cash provided by operating activities 91,010 45,548
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash paid for asset acquisition of 4Trust Mortgage, Inc.   (1,931)
Net decrease in interest-bearing time deposits in banks 1,068 11,546
Activity in available-for-sale securities:    
Sales 13,382 7,760
Maturities 2,151,678 2,111,206
Purchases (2,132,087) (2,448,852)
Activity in held-to-maturity securities - maturities 141 146
Net (increase) decrease in loans 30,500 (13,802)
Purchases of bank premises and equipment and other assets (12,130) (6,240)
Proceeds from sale of other assets 2,170 390
Net cash provided by (used in) investing activities 54,722 (339,777)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase (decrease) in noninterest-bearing deposits (101,140) 4,415
Net decrease in interest-bearing deposits (32,740) (27,251)
Net increase (decrease) in short-term borrowings (58,751) 254,045
Common stock transactions:    
Proceeds from stock issuances 936 924
Dividends paid (21,125) (17,952)
Net cash provided by (used in) financing activities (212,820) 214,181
NET DECREASE IN CASH AND CASH EQUIVALENTS (67,088) (80,048)
CASH AND CASH EQUIVALENTS, beginning of period 272,886 253,471
CASH AND CASH EQUIVALENTS, end of period 205,798 173,423
SUPPLEMENTAL INFORMATION AND NONCASH TRANSACTIONS:    
Interest paid 2,599 1,972
Federal income tax paid 13,874 13,994
Transfer of loans to foreclosed assets 1,692 97
Investment securities purchased but not settled $ 62,124 $ 15,483