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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash Flows From Operating Activities    
Net income (loss) $ (27,586) $ 86,818
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation 7,790 7,079
Amortization of other intangible assets 4,811 3,075
Amortization of tax credit investments 1,516 1,202
Net premium amortization on investment securities 4,462 3,606
Accretion income related to acquired loans (14,241) (4,695)
Share-based compensation expense 6,284 1,747
Provision for credit losses 97,569 (17,356)
Debt securities (gains) losses, net (342) (1,993)
Net (gains) losses on sales of loans and other assets (2,381) (10,330)
Increase in cash surrender value of company-owned life insurance (3,524) (2,714)
Residential real estate loans originated for sale (205,945) (326,118)
Proceeds from sales of residential real estate loans 220,534 349,730
(Increase) decrease in interest receivable 635 4,465
(Increase) decrease in other assets 98,413 32,647
Increase (decrease) in accrued expenses and other liabilities (26,935) (43,966)
Net cash flows provided by (used in) operating activities 161,060 83,197
Cash Flows From Investing Activities    
Cash received from acquisitions, net 1,912,629  
Cash paid from acquisitions, net   0
Purchases of investment securities available-for-sale (814,796) (1,245,673)
Purchases of investment securities held-to-maturity (30,418) 0
Purchases of Federal Home Loan Bank/Federal Reserve Bank stock (69,818) 0
Purchases of equity securities (904) 0
Proceeds from maturities, prepayments, and calls of investment securities available-for-sale 342,435 428,614
Proceeds from sales of investment securities available-for-sale 10,839 52,468
Proceeds from maturities, prepayments, and calls of investment securities held-to-maturity 2,752 0
Proceeds from sales of Federal Home Loan Bank/Federal Reserve Bank stock 54,897 16
Proceeds from sales of equity securities 41,313 227
Loan originations and payments, net (336,091) (134,082)
Proceeds from company-owned life insurance death benefits 1,582 2,042
Proceeds from sales of premises and equipment and other assets 2,751 7,632
Purchases of premises and equipment and other assets (9,588) (12,879)
Net cash flows provided by (used in) investing activities 1,107,583 (901,635)
Net increase (decrease) in:    
Deposits (211,209) 812,302
Federal funds purchased and interbank borrowings 1,445 (244)
Securities sold under agreements to repurchase (18,194) (35,924)
Other borrowings 26,566 13,441
Payments for maturities of Federal Home Loan Bank advances (6) (125,004)
Payments for modification of Federal Home Loan Bank advances 0 (2,156)
Proceeds from Federal Home Loan Bank advances 200,000 50,000
Cash dividends paid (42,799) (23,195)
Common stock repurchased (70,078) (2,856)
Common stock issued 165 139
Net cash flows provided by (used in) financing activities (114,110) 686,503
Net increase (decrease) in cash and cash equivalents 1,154,533 (131,935)
Cash and cash equivalents at beginning of period 822,019 589,712
Cash and cash equivalents at end of period 1,976,552 457,777
Supplemental cash flow information:    
Total interest paid 17,854 13,302
Total income taxes paid (net of refunds) 1,471 1,400
Investment securities purchased but not settled 22,183 112,489
Securities transferred from available-for-sale to held-to-maturity 2,038,900 0
Operating lease right-of-use assets obtained in exchange for lease obligations 2,249 988
Stock issued for acquisitions, net 2,446,312  
Common Stock    
Stock issued for acquisitions, net 129,365 0
Preferred Stock    
Stock issued for acquisitions, net $ 243,870 $ 0