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Consolidated Statements of Cash Flow (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 80,622,000 $ 90,712,000
Adjustments to reconcile to net cash provided by operating activities:    
Provision for (benefit from) credit losses 3,437,000 (9,949,000)
Depreciation and amortization 11,110,000 9,612,000
Net amortization of securities premiums and discounts 2,773,000 1,670,000
Realized securities losses/(gains) 3,915,000 (267,000)
Gain on sales of loans (2,922,000) (4,143,000)
Cash receipts from the sale of loans originated for sale 155,075,000 221,051,000
Cash disbursements for loans originated for sale (134,737,000) (200,820,000)
Deferred income tax benefit (1,806,000) (1,495,000)
Gain on sale of other assets (3,996,000) (2,606,000)
(Decrease)/increase in interest receivable (5,065,000) 2,048,000
Increase/(decrease) in interest payable 160,000 (330,000)
Amortization of stock-based compensation arrangements 918,000 1,049,000
Excess tax benefit from stock-based compensation arrangements (1,771,000) (1,693,000)
Other, net 12,127,000 32,989,000
Net cash provided by operating activities 119,840,000 137,828,000
INVESTING ACTIVITIES    
Net cash received from acquisitions, net of cash paid 121,099,000 12,412,000
Net cash paid from sale of assets and liabilities, net of cash received   (13,733,000)
Net increase in federal funds sold 1,888,000 15,000,000
Purchases of held for investment debt securities   (845,000)
Purchases of available for sale debt securities (1,009,340,000) (251,673,000)
Proceeds from maturities, calls and paydowns of held for investment debt securities 66,000 820,000
Proceeds from maturities, calls and paydowns of available for sale debt securities 44,915,000 273,872,000
Proceeds from sales of available for sale securities 222,473,000 0
Purchase of equity securities (208,000) (470,000)
Proceeds from paydowns and sales of equity securities 699,000 392,000
Net change in loans (190,135,000) 388,357,000
Net payments on derivative asset contracts (84,932,000) (3,661,000)
Purchases of premises, equipment and computer software (11,869,000) (15,200,000)
Purchase of tax credits (3,676,000) (2,048,000)
Other, net 10,519,000 3,567,000
Net cash (used in) provided by investing activities (898,501,000) 406,790,000
FINANCING ACTIVITIES    
Net change in deposits 2,620,757,000 1,444,742,000
Net change in short-term borrowings 6,100,000 2,000,000
Proceeds from issuance of subordinated notes, net of debt issuance costs   59,150,000
Issuance of common stock in connection with stock options, net 4,641,000 1,722,000
Net cash settlement of options   (5,479,000)
Cash dividends paid (23,518,000) (22,267,000)
Net cash provided by financing activities 2,607,980,000 1,479,868,000
Net increase in cash, due from banks and interest-bearing deposits 1,829,319,000 2,024,486,000
Cash, due from banks and interest-bearing deposits at the beginning of the period 2,050,022,000 1,616,912,000
Cash, due from banks and interest-bearing deposits at the end of the period 3,879,341,000 3,641,398,000
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash paid during the period for interest 7,456,000 5,736,000
Cash paid during the period for income taxes 14,080,000 15,400,000
Noncash investing and financing activities:    
Cash consideration for acquisitions 77,685,000 21,000,000
Fair value of assets acquired in acquisitions 511,466,000 284,224,000
Liabilities assumed in acquisitions 433,782,000 256,412,000
Unpaid common stock dividends declared $ 11,801,000 $ 11,143,000