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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating activities:      
Net income $ 222,648,000 $ 271,605,000 $ 113,320,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for (recovery of) credit losses 48,089,000 (117,087,000) 153,180,000
Depreciation of premises and equipment, net 24,152,000 15,410,000 14,999,000
Accretion of fees, premiums and discounts, net (28,378,000) (38,257,000) (60,159,000)
Amortization of intangible assets 18,401,000 10,583,000 10,909,000
Amortization of right of use lease asset 17,990,000 11,844,000 12,290,000
Decrease in operating lease liability (16,291,000) (11,941,000) (12,170,000)
Income from mortgage banking activities, net (7,271,000) (23,216,000) (30,201,000)
Gain on sale of securities, net 0 (331,000) (9,076,000)
Gain on sale of other real estate owned and valuation adjustments, net (221,000) (385,000) (25,000)
Stock-based compensation expense 6,349,000 5,694,000 2,677,000
Unrealized gains on equity investments, net (5,980,000) (5,141,000) (761,000)
Realized loss (gain) on sale of equity investment, net 0 706,000 (22,052,000)
Deferred income tax (benefit) expense (4,005,000) 39,838,000 (32,848,000)
(Increase) decrease in accrued interest receivable (22,151,000) 2,739,000 (6,241,000)
Increase in other assets (58,852,000) (46,378,000) (18,339,000)
Origination of loans held-for-sale (527,684,000) (971,863,000) (942,188,000)
Proceeds from sales of loans held-for-sale 501,186,000 991,411,000 824,134,000
Increase (decrease) in accrued interest payable 1,196,000 (714,000) (1,653,000)
Increase (decrease) in other liabilities 315,065,000 (4,807,000) 24,675,000
Increase in value of bank-owned life insurance (1,311,000) (1,048,000) (1,757,000)
Increase in capitalized interest, net (2,078,000) (3,014,000) (3,572,000)
Net cash provided by operating activities 480,854,000 125,648,000 15,142,000
Investing activities:      
Purchases of investment securities held to maturity (120,868,000) 0 (6,307,000)
Repayments, maturities and calls of investment securities held to maturity 66,186,000 20,365,000 27,085,000
Sale of investment securities available-for-sale 0 14,051,000 305,812,000
Purchases of investment securities available-for-sale (1,218,022,000) (3,490,596,000) (1,454,699,000)
Repayments of investment securities available-for-sale 1,015,603,000 697,480,000 606,156,000
Proceeds from bank-owned life insurance death benefit 1,437,000 0 0
Net proceeds from sale of equity investments 0 4,899,000 85,850,000
Net cash from business combinations 573,745,000 0 0
Net (increase) decrease in loans and leases (41,324,000) 1,453,471,000 (222,138,000)
Purchases of loans held for investment (393,159,000) (188,076,000) (226,953,000)
Purchases of FHLB stock (51,518,000) (625,000) (145,400,000)
Redemption of FHLB stock 36,207,000 323,000 160,726,000
Sales of assets acquired through foreclosure, net 1,964,000 2,489,000 2,014,000
Sale of premise and equipment 1,191,000 427,000 69,000
Investment in premises and equipment, net (8,809,000) (6,576,000) (7,159,000)
Net cash used in investing activities (137,367,000) (1,492,368,000) (874,944,000)
Financing activities:      
Net (decrease) increase in demand and saving deposits (1,123,468,000) 1,760,031,000 2,501,442,000
Decrease in time deposits (94,251,000) (169,871,000) (197,765,000)
Increase (decrease) in brokered deposits 61,705,000 (202,625,000) (29,474,000)
Receipts from FHLB advances 1,873,100,000 1,000,000 5,047,424,000
Repayments of FHLB advances (1,523,100,000) (7,623,000) (5,153,476,000)
Receipts from federal funds purchased 2,730,001,000 0 8,030,475,000
Repayments of federal funds purchased (2,730,001,000) 0 (8,225,475,000)
Contribution from noncontrolling shareholders (504,000) 0 23,000
Cash dividend (35,746,000) (24,242,000) (24,369,000)
Issuance of common stock and exercise of common stock options 3,179,000 1,522,000 2,032,000
Redemption of senior debt 0 (100,000,000) 0
Issuance of senior debt, net of costs 0 0 147,780,000
Repurchase of common shares (200,083,000) (13,268,000) (155,832,000)
Net cash (used in) provided by financing activities (1,039,168,000) 1,244,924,000 1,942,785,000
(Decrease) increase in cash, cash equivalents, and restricted cash (695,681,000) (121,796,000) 1,082,983,000
Cash, cash equivalents, and restricted cash at beginning of period 1,532,939,000 1,654,735,000 571,752,000
Cash, cash equivalents, and restricted cash at end of period 837,258,000 1,532,939,000 1,654,735,000
Supplemental disclosure of cash flow information:      
Cash paid for interest during the period 36,487,000 23,434,000 50,103,000
Cash paid for income taxes, net 58,148,000 40,691,000 72,756,000
Non-cash information:      
Loans transferred to other real estate owned 630,000 1,972,000 2,674,000
Loans transferred to portfolio from held-for-sale at fair value 97,848,000 72,621,000 34,517,000
Securities transferred to held-to-maturity from available-for-sale at fair value 931,421,000 0 0
Available-for-sale securities purchased, not settled 0 34,489,000 0
Fair value of assets acquired, net of cash received 4,713,544,000 0 0
Fair value of liabilities assumed 4,379,273,000 0 0
Impact of ASC 326 Adoption:      
Allowance for credit losses on held-to-maturity debt securities 10,000 4,000  
Allowance for credit losses on loans and leases 151,861,000 94,507,000 228,804,000
Retained earnings $ 1,411,243,000 1,224,614,000  
Impact of ASC 326 Adoption      
Impact of ASC 326 Adoption:      
Accounting Standards Update [Extensible Enumeration] Impact of ASC 326 Adoption    
Cumulative change in accounting principle | Impact of ASC 326 Adoption      
Impact of ASC 326 Adoption:      
Allowance for credit losses on held-to-maturity debt securities $ 0 0 (8,000)
Allowance for credit losses on loans and leases 0 0 (35,855,000)
Deferred tax assets 0 0 8,461,000
Allowance for credit losses on unfunded lending commitments 0 0 (2,966,000)
Retained earnings $ 0 $ 0 $ 30,368,000