XML 142 R117.htm IDEA: XBRL DOCUMENT v3.20.4
Condensed Financial Information (Parent Company Only) - Condensed Statements of Cash Flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
OPERATING ACTIVITIES      
Net income $ 254,904 $ 238,167 $ 215,713
Items not requiring (providing) cash      
Stock-based compensation expense 13,197 12,921 9,725
Deferred income taxes (122) 34,911 8,412
Changes in:      
Other assets (7,480) 31,920 (35,113)
Net cash provided by operating activities 202,543 256,078 226,980
INVESTING ACTIVITIES      
Net collections (originations) of loans 1,327,248 23,806 (912,793)
Proceeds from maturities of available-for-sale securities 2,346,930 793,270 258,182
Purchases of available-for-sale securities (4,140,963) (1,708,948) (784,113)
Net cash provided by (used in) investing activities 1,189,869 604,477 (1,395,122)
FINANCING ACTIVITIES      
Proceeds from issuance of subordinated notes and other borrowings 0 25,500 326,355
Stock repurchases 113,327 10,128 0
Dividends paid on preferred stock (52) (339) 0
Dividends paid on common stock (74,593) (63,921) (55,646)
Retirement of preferred stock 0 (42,000) 0
Net cash provided by (used in) financing activities 1,083,117 (697,390) 1,403,558
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 996,623 833,458 598,042
CASH AND CASH EQUIVALENTS, END OF YEAR 3,472,152 996,623 833,458
Parent Company      
OPERATING ACTIVITIES      
Net income 254,904 238,167 215,713
Items not requiring (providing) cash      
Stock-based compensation expense 13,197 12,921 9,725
Depreciation and amortization 1,796 1,637 880
Deferred income taxes 1,583 (3,632) 26
Equity in undistributed net income of bank subsidiaries 29,345 (191,530) (91,057)
Changes in:      
Other assets (27,056) 3,299 1,524
Other liabilities 7,790 (2,648) 17,340
Net cash provided by operating activities 281,559 58,214 154,151
INVESTING ACTIVITIES      
Net collections (originations) of loans 186 117 219
Net (purchases of) proceeds from premises and equipment (7) (23,184) 3,342
(Advances to) repayment for subsidiaries (15,363) 0 2,667
Proceeds from maturities of available-for-sale securities 0 2,544 152
Purchases of available-for-sale securities 0 (439) (211)
Cash paid in business combinations 0 (36,811) 0
Other, net 185 29 (1,903)
Net cash provided by (used in) investing activities (14,999) (57,744) 4,266
FINANCING ACTIVITIES      
Proceeds from issuance of subordinated notes and other borrowings 0 0 326,355
(Repayment ) issuance of long-term debt, net (7,442) 2,000 (231,352)
(Cancellation) issuance of common stock, net (3,131) (1,077) 2,188
Stock repurchases 113,327 10,128 0
Dividends paid on preferred stock (52) (339) 0
Dividends paid on common stock (74,593) (63,921) (55,646)
Retirement of preferred stock 0 (42,000) 0
Net cash provided by (used in) financing activities (198,545) (115,465) 41,545
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 68,015 (114,995) 199,962
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 104,068 219,063 19,101
CASH AND CASH EQUIVALENTS, END OF YEAR $ 172,083 $ 104,068 $ 219,063