v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 71,543,000 $ 61,346,000
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 3,573,000 3,500,000
Provision for credit losses 2,291,000 3,528,000
Securities premium amortization, net 7,858,000 9,506,000
Loss on sale of other real estate owned 56,000 35,000
Stock-based compensation 1,902,000 1,927,000
Net tax benefit from stock-based compensation 158,000 59,000
Change in loans held-for-sale 7,007,000 (5,882,000)
Change in other assets 7,684,000 (1,408,000)
Change in other liabilities (430,000) 4,215,000
Total adjustments 30,099,000 15,480,000
Net cash provided by operating activities 101,642,000 76,826,000
Activity in available-for-sale securities:    
Proceeds from maturities, calls, and paydowns 9,741,411,000 5,234,555,000
Purchases (9,929,436,000) (5,341,856,000)
Net increase in loans held-for-investment (128,893,000) (32,980,000)
Purchases of bank premises, equipment and software (4,141,000) (2,115,000)
Net cash used in investing activities (321,059,000) (142,396,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net (decrease) increase in noninterest-bearing deposits (85,113,000) 359,085,000
Net (decrease) increase in interest-bearing deposits (15,179,000) 8,512,000
Net proceeds (repayment) in repurchase agreements and other borrowings 5,616,000 (113,435,000)
Common stock transactions:    
Proceeds from stock option exercises/stock unit conversions/restricted stock activity 456,000 804,000
Dividends paid (27,223,000) (25,754,000)
Net cash (uused in) provided by financing activities (121,443,000) 229,212,000
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (340,860,000) 163,642,000
CASH AND CASH EQUIVALENTS, beginning of period 1,077,988,000 763,413,000
CASH AND CASH EQUIVALENTS, end of period 737,128,000 927,055,000
SUPPLEMENTAL INFORMATION AND NONCASH TRANSACTIONS:    
Interest paid 48,707,000 48,694,000
Schedule of noncash investing and financing activities:    
Increase in capital commitments relating to low-income housing project investments 10,000,000 0
Loans transferred to other real estate owned, net $ 1,695,000 $ 0