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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Statement of Cash Flows [Abstract]    
Net Cash Provided by Operating Activities $ 132,070 $ 205,236
INVESTING ACTIVITIES    
Purchases of securities (65,148) (353,088)
Proceeds from maturities, prepayments and calls of securities 95,967 117,377
Proceeds from sales of securities 0 30,490
(Purchases) redemption of Federal Home Loan Bank stock (15,541) (1,381)
Net increase in loans (348,844) (101,919)
Proceeds from sale of portfolio loans 8,333 4,326
Proceeds from sale of other real estate owned 30 0
Purchases of premises and equipment (4,921) (2,877)
Proceeds from the sale of premises and equipment 698 251
Proceeds from life insurance settlement 597 214
Net Cash Used in Investing Activities (328,829) (306,607)
FINANCING ACTIVITIES    
Net decrease in demand, money market and savings deposits (550,359) (450,642)
Net increase (decrease) in certificates of deposit 553,333 (135,227)
Net increase (decrease) in short-term borrowings 260,000 (49,491)
Proceeds from long-term borrowings 25,000 0
Repayments on long-term borrowings (5,346) (7,577)
Repurchase of shares for taxes on restricted stock (521) (498)
Cash dividends paid to common shareholders (37,096) (34,869)
Repurchase of common stock (19,808) (7,637)
Net Cash Provided by (Used in) Financing Activities 225,203 (685,941)
Net increase (decrease) in cash and due from banks 28,444 (787,312)
Cash and due from banks at beginning of period 210,009 922,215
Cash and Due From Banks at End of Period 238,453 134,903
Supplemental Disclosures    
Right of use assets obtained in exchange for lease obligations 1,846 0
Cash paid for interest 74,939 10,152
Cash paid for income taxes, net of refunds 27,727 19,725
Transfers of loans to other real estate owned $ 88 $ 23