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Consolidated Statements of Cash Flow (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 112,543,000 $ 80,622,000
Adjustments to reconcile to net cash provided by operating activities:    
Provision for credit losses 5,146,000 3,437,000
Depreciation and amortization 11,172,000 11,110,000
Net amortization of securities premiums and discounts (577,000) 2,773,000
Realized securities losses 103,000 3,915,000
Gain on sales of loans (1,361,000) (2,922,000)
Cash receipts from the sale of loans originated for sale 77,758,000 155,075,000
Cash disbursements for loans originated for sale (78,948,000) (134,737,000)
Deferred income tax benefit (1,489,000) (1,806,000)
Gain on sale of other assets (1,061,000) (3,996,000)
Increase in interest receivable (3,387,000) (5,065,000)
Increase in interest payable 3,005,000 160,000
Amortization of stock-based compensation arrangements 1,213,000 918,000
Excess tax benefit from stock-based compensation arrangements (734,000) (1,771,000)
Other, net 5,797,000 12,127,000
Net cash provided by operating activities 129,180,000 119,840,000
INVESTING ACTIVITIES    
Net cash received from acquisitions, net of cash paid   121,099,000
Net (increase)/decrease in federal funds sold (1,631,000) 1,888,000
Purchases of available for sale debt securities (94,112,000) (1,009,340,000)
Proceeds from maturities, calls and paydowns of held for investment debt securities 1,349,000 66,000
Proceeds from maturities, calls and paydowns of available for sale debt securities 64,036,000 44,915,000
Proceeds from sales of available for sale securities 0 222,473,000
Purchase of equity securities (294,000) (208,000)
Proceeds from paydowns and sales of equity securities 531,000 699,000
Net change in loans (357,140,000) (190,135,000)
Net receipts/(payments) on derivative asset contracts 11,628,000 (84,932,000)
Purchases of premises, equipment and computer software (13,016,000) (11,869,000)
Purchase of tax credits (3,813,000) (3,676,000)
Other, net 23,302,000 10,519,000
Net cash used in investing activities (369,160,000) (898,501,000)
FINANCING ACTIVITIES    
Net change in deposits (499,048,000) 2,620,757,000
Net change in short-term borrowings 3,593,000 6,100,000
Issuance of common stock in connection with stock options, net 1,977,000 4,641,000
Cash dividends paid (26,310,000) (23,518,000)
Net cash used in financing activities (519,788,000) 2,607,980,000
Net (decrease)/increase in cash, due from banks and interest-bearing deposits (759,768,000) 1,829,319,000
Cash, due from banks and interest-bearing deposits at the beginning of the period 3,168,910,000 2,050,022,000
Cash, due from banks and interest-bearing deposits at the end of the period 2,409,142,000 3,879,341,000
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash paid during the period for interest 78,176,000 7,456,000
Cash paid during the period for income taxes 31,180,000 14,080,000
Noncash investing and financing activities:    
Cash consideration for acquisitions   77,685,000
Fair value of assets acquired in acquisitions   511,466,000
Liabilities assumed in acquisitions   433,782,000
Unpaid common stock dividends declared $ 13,176,000 $ 11,801,000