v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
OPERATING ACTIVITIES:    
Net Income (Loss) Attributable to Parent $ 103,602 $ 90,631
Adjustments to reconcile net income to net cash provided from operating activities:    
Depreciation 7,080 8,474
Deferred income and expense, net of amortization (5,458) (4,817)
Capitalized loan servicing rights, net of amortization 207 225
Amortization of core deposit intangibles 512 911
Loss on sale of securities, net 1,234 3
Net change in valuation of financial instruments carried at fair value (1,505) (403)
Decrease in deferred taxes (2,774) (1,941)
Increase in current taxes payable/receivable, net (4,823) (4,348)
Stock-based compensation 5,657 4,913
Net change in cash surrender value of BOLI (4,783) (4,652)
Gain on sale of loans, excluding capitalized servicing rights (2,626) (3,051)
Loss on disposal of real estate held for sale and property and equipment, net 188 948
PROVISION FOR CREDIT LOSSES 3,022 7,934
Origination of loans held for sale (198,383) (171,026)
Proceeds from sales of loans held for sale 270,343 215,707
Net change in:    
Other assets 11,853 16,642
Other liabilities (40,024) (47,943)
Net cash provided from operating activities 148,870 112,089
INVESTING ACTIVITIES:    
Purchases of securities—available-for-sale 164,586 18,896
Principal repayments and maturities of securities—available-for-sale 145,188 105,638
Proceeds from sales of securities—available-for-sale 14,727 0
Principal repayments and maturities of securities—held-to-maturity 32,079 20,326
Loan originations, net of repayments (330,845) (394,673)
Purchases of loans and participating interest in loans 0 (10,780)
Proceeds from sales of other loans 7,170 20,189
Purchases of property and equipment (3,960) (4,398)
Proceeds from sale of real estate held for sale and sale of other property 2,453 1,875
Proceeds from FHLB stock repurchase program 50,985 112,775
Purchase of FHLB stock (58,717) (125,475)
Other 1,442 873
Net cash used by investing activities (304,098) (292,585)
FINANCING ACTIVITIES:    
Increase in deposits, net 46,448 12,893
Advances of overnight and short term FHLB borrowings, net 170,000 275,000
Decrease in other borrowings, net 6,783 (8,146)
Repayment of junior subordinated debentures 0 (80,500)
Payments of Ordinary Dividends, Common Stock 35,557 33,843
Payments for Repurchase of Common Stock (16,148) 0
Taxes paid related to net share settlement of equity awards (3,486) (3,418)
Net Cash Provided by (Used in) Financing Activities, Total 168,040 161,986
NET CHANGE IN CASH AND CASH EQUIVALENTS 12,812 (18,510)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 422,640 501,858
CASH AND CASH EQUIVALENTS, END OF PERIOD 435,452 483,348
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Interest paid in cash 100,855 111,040
Tax paid 17,720 16,592
NON-CASH INVESTING AND FINANCING TRANSACTIONS:    
Transfer of loans to real estate owned and other repossessed assets 2,609 4,671
Loan and Lease, Transfer from Held-in-Portfolio to Held-for-Sale 53,592 47,260
Investment in BOLI $ (34) $ (39)