v3.26.1
Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
OPERATING ACTIVITIES    
NET CASH PROVIDED BY OPERATING ACTIVITIES $ 184,290 $ 78,627
INVESTING ACTIVITIES    
Net increase in loans held for investment (209,025) (251,350)
Available-for-sale debt securities:    
Proceeds from sales 22,337 873,835
Proceeds from maturities, prepayments and calls 399,244 264,069
Purchases of securities (463,257) (903,886)
Held-to-maturity debt securities:    
Proceeds from maturities, prepayments and calls 23,831 18,538
Purchases of securities 0 (4,279)
Purchases of premises and equipment - net (3,207) (11,094)
Net cash received from PFC acquisition 0 200,454
Sale of portfolio loans - net 0 73,893
Proceeds from bank owned life insurance 3,342 2,301
Net cash provided by investing activities (226,735) 262,481
FINANCING ACTIVITIES    
(Decrease) increase in deposits (76,056) 153,941
Proceeds from Federal Home Loan Bank borrowings 1,250,000 1,175,000
Repayment of Federal Home Loan Bank borrowings (1,100,000) (925,000)
Decrease in other short-term borrowings (22,260) (88,407)
Principal repayments of finance lease obligations (2,466) (2,043)
Dividends paid to common shareholders (73,069) (59,697)
Dividends paid to preferred shareholders (8,481) (5,063)
Issuance of common stock 1,748 104
Treasury shares purchased - net (11,306) (1,050)
Net cash (used in) provided by financing activities (41,890) 247,785
Net (decrease) increase in cash, cash equivalents and restricted cash (84,335) 588,893
Cash, cash equivalents and restricted cash at beginning of the period 956,109 568,137
Cash, cash equivalents and restricted cash at end of the period 871,774 1,157,030
SUPPLEMENTAL DISCLOSURES    
Interest paid on deposits and other borrowings 222,956 210,316
Income taxes paid 13,082 21,480
Transfers of loans to other real estate owned 600 0
Transfer of loans held for sale to loans held for investment 31,269 0
Non-cash transactions related to the PFC acquisition $ 0 $ 1,007,845