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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities:    
Net income $ 72,136 $ 112,171
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 37,900 9,800
Depreciation and amortization 18,259 15,711
Change in deferred taxes (3,618) (2,178)
Share-based compensation 3,534 3,162
Loans originated for sale (368,576) (237,250)
Proceeds from sales of loans held for sale 383,856 235,456
Net gains on sales of loans held for sale (10,544) (8,326)
Loss on mortgage loans reclassified to held for sale 29,755 0
Net losses on sales of securities available for sale 0 8
Increase in cash surrender value of life insurance (4,368) (3,150)
Gains on life insurance benefits (1,403) (942)
Change in income tax receivable (11,280) (3,648)
Change in interest receivable 2,449 (1,429)
Change in interest payable (6,674) 72
Other adjustments 5,202 (4,082)
Net cash provided by operating activities 146,628 115,375
Cash Flows from Investing Activities:    
Net change in interest-bearing deposits (308,988) 75,548
Purchase of securities available for sale (10,833) (5,906)
Proceeds from sales of securities available for sale 251,341 0
Proceeds from maturities and redemptions of:    
Securities available for sale 26,632 30,084
Securities held to maturity 62,218 49,687
Purchases of Federal Home Loan Bank stock 0 (5,643)
Redemptions of Federal Home Loan Bank stock 57 43
Redemptions of Federal Reserve Bank stock 1,863 0
Payment of capital calls to qualified affordable housing investments (23,494) (23,596)
Net change in loans (215,809) (457,029)
Proceeds from mortgage portfolio loan sale 271,069 0
Net cash and cash equivalents received in acquisition 29,922 0
Proceeds from the sale of other real estate owned 1,788 5,724
Proceeds from life insurance benefits 4,593 3,303
Other adjustments (11,953) (1,951)
Net cash provided (used) by investing activities 78,406 (329,736)
Net change in:    
Demand and savings deposits 106,823 280,535
Certificates of deposit and other time deposits (338,427) (4,583)
Proceeds from borrowings 1,059,021 682,194
Repayment of borrowings (966,647) (679,302)
Cash dividends on preferred stock (938) (938)
Cash dividends on common stock (46,046) (41,288)
Stock issued under employee benefit plans 339 317
Stock issued under dividend reinvestment and stock purchase plans 1,172 1,140
Stock options exercised 465 237
Repurchase of common stock (38,289) (30,000)
Net cash provided (used) by financing activities (222,527) 208,312
Net Change in Cash and Cash Equivalents 2,507 (6,049)
Cash and Cash Equivalents, January 1 84,158 87,616
Cash and Cash Equivalents, June 30 86,665 81,567
Additional cash flow information:    
Interest paid 199,908 188,897
Income tax paid 3,282 13,062
Loans transferred to other real estate owned 2,317 643
Non-cash investing activities using trade date accounting 0 6,745
ROU assets obtained in exchange for new operating lease liabilities 12,119 388
Qualified affordable housing investments obtained in exchange for funding commitments 29,000 20,000
Reclassification of loans to held for sale 356,956 0
Reclassification of loans from held for sale to loans 47,139 0
Fair value of assets acquired 2,464,488 0
Cash paid in acquisition (7) 0
Less: Common stock issued 243,214 0
Liabilities assumed $ 2,221,267 $ 0