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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
OPERATING ACTIVITIES    
NET CASH PROVIDED BY OPERATING ACTIVITIES $ 118,154 $ 283,607
INVESTING ACTIVITIES    
Proceeds from sales of securities available for sale 1,689 150
Proceeds from maturities and calls of securities available for sale 184,059 151,477
Purchases of securities available for sale (7,855) (1,077,461)
Proceeds from sales of equity securities 98 149
Purchases of equity securities (246) (353)
Proceeds from sales and redemptions of other investment securities 21,547 1,295
Purchases of other investment securities (52,217) (11,591)
Redemption of bank-owned life insurance policies 0 778
Purchases of bank premises and equipment (3,447) (3,509)
Proceeds from sales of bank premises and equipment 2,465 557
Proceeds from the sales of OREO properties 279 1,325
Net change in loans and leases (54,938) (366,414)
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 91,434 (1,303,597)
FINANCING ACTIVITIES    
Cash dividends paid (48,651) (46,655)
Acquisition of treasury stock (1,374) (26,061)
Proceeds from exercise of stock options 1,559 5,027
Redemption of subordinated debt (10,250) 0
Repayment of long-term Federal Home Loan Bank borrowings (1,900,000) 0
Proceeds from issuance of long-term Federal Home Loan Bank borrowings 2,500,000 0
Changes in:    
Deposits (18,227) 125,076
Federal funds purchased, securities sold under agreements to repurchase and other short-term borrowings 9,396 7,526
NET CASH PROVIDED BY FINANCING ACTIVITIES 532,453 64,913
Increase (Decrease) in cash and cash equivalents 742,041 (955,077)
Cash and cash equivalents at beginning of year 1,176,652 3,758,170
Cash and cash equivalents at end of period 1,918,693 2,803,093
Noncash investing activities:    
Transfers of loans to OREO 2,919 186
Transfers of loans to bank premises and equipment 0 4,541
Subsidiaries [Member]    
Acquisition of subsidiaries and purchase price adjustments:    
Assets acquired, net of cash 0 (128)
Liabilities assumed 0 2,622
Goodwill $ 0 $ 2,750