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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating Activities    
Net Income $ 70,474 $ 92,903
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Provision for Credit Losses 4,400 4,500
Depreciation and Amortization 10,388 11,525
Amortization of Deferred Loan and Lease Costs, Net 69 444
Amortization and Accretion of Premiums/Discounts on Investment Securities, Net 6,229 6,742
Amortization of Operating Lease Right-of-Use Assets 5,868 5,808
Share-Based Compensation 7,505 7,672
Benefit Plan Contributions (1,057) (949)
Deferred Income Taxes (4,245) (734)
Net Gains on Sales of Loans and Leases (1,055) (1,275)
Net Losses on Sales of Investment Securities 3,098 3,102
Proceeds from Sales of Loans Held for Sale 21,355 19,107
Originations of Loans Held for Sale (20,750) (21,853)
Net Tax Deficiency from Share-Based Compensation (1,258) (490)
Net Change in Other Assets and Other Liabilities 3,141 (145,871)
Net Cash Provided by (Used in) Operating Activities 104,162 (19,369)
Investment Securities Available-for-Sale:    
Proceeds from Prepayments and Maturities 104,060 174,574
Purchases (1,097) (246)
Investment Securities Held-to-Maturity:    
Proceeds from Prepayments and Maturities 192,708 220,415
Net Change in Loans and Leases 130,649 (270,751)
Purchases of Premises and Equipment (7,852) (5,046)
Net Cash Provided by Investing Activities 418,468 118,946
Financing Activities    
Net Change in Deposits (646,542) (107,081)
Net Change in Short-Term Borrowings (50,000)  
Proceeds from Long-Term Debt   1,350,000
Repayments of Long-Term Debt (54) (51)
Net Proceeds from Issuance of Preferred Stock 160,614  
Proceeds from Issuance of Common Stock 2,796 2,973
Repurchase of Common Stock (4,995) (13,931)
Cash Dividends Paid on Common Stock (56,117) (55,874)
Cash Dividends Paid on Preferred Stock (3,938) (3,938)
Net Cash (Used in) Provided by Financing Activities (598,236) 1,172,098
Net Change in Cash and Cash Equivalents (75,606) 1,271,675
Cash and Cash Equivalents at Beginning of Period 1,000,944 401,767
Cash and Cash Equivalents at End of Period 925,338 1,673,442
Supplemental Information    
Cash Paid for Interest 198,847 110,741
Cash Paid for Income Taxes 18,735 30,623
Non-Cash Investing and Financing Activities:    
Transfer from Loans to Foreclosed Real Estate $ 574  
Transfer from Loans Held for Sale to Loans   $ 569