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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:      
NET EARNINGS $ 150,638 $ 120,371 $ 104,774
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 12,549 12,916 11,573
PROVISION FOR LOAN LOSSES 5,665 6,530 10,212
Securities premium amortization, net 27,467 30,310 29,005
Gain on sale of assets, net (1,216) (1,167) (1,894)
Deferred federal income tax expense (benefit) (250) (53) 673
Change in loans held for sale (5,791) 11,769 6,645
Change in other assets (1,697) 9,313 2,397
Change in other liabilities 1,621 285 (2,643)
Total adjustments 38,348 69,903 55,968
Net cash provided by operating activities 188,986 190,274 160,742
CASH FLOWS FROM INVESTING ACTIVITIES:      
Cash received in acquisition of Commercial Bancshares, Inc., net 18,653    
Net decrease in interest-bearing time deposits in banks   249 1,788
Activity in available-for-sale securities:      
Sales 220,259 120,576 40,510
Maturities 3,439,028 4,392,131 3,509,113
Purchases (3,731,821) (4,768,420) (3,737,865)
Activity in held-to-maturity securities - maturities   124 157
Net increase in loans (205,238) (134,627) (48,836)
Purchases of bank premises and equipment and other assets (17,646) (14,162) (20,399)
Proceeds from sale of bank premises and equipment and other assets 844 6,085 3,572
Net cash used in investing activities (275,921) (398,044) (251,960)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net increase (decrease) in noninterest-bearing deposits (87,583) 323,928 (28,230)
Net increase (decrease) in interest-bearing deposits (36,891) 160,494 316,600
Net increase (decrease) in borrowings 137,706 (114,770) (169,905)
Common stock transactions:      
Proceeds from stock issuances 3,864 2,934 1,260
Dividends paid (53,861) (48,955) (44,907)
Net cash provided by (used in) financing activities (36,765) 323,631 74,818
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (123,700) 115,861 (16,400)
CASH AND CASH EQUIVALENTS, beginning of year 372,347 256,486 272,886
CASH AND CASH EQUIVALENTS, end of year $ 248,647 $ 372,347 $ 256,486