v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 197,175 $ 192,185
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 19,339 22,505
Depreciation and amortization of premises and equipment 14,058 14,286
Net amortization of investment securities premiums (323) 974
Net accretion of loan discounts (25,441) (24,574)
Investment securities losses, net 0 2
Gain on sales of mortgage loans held for sale (5,880) (4,287)
Proceeds from sales of mortgage loans held for sale 283,672 243,373
Originations of mortgage loans held for sale (295,377) (236,749)
Amortization of intangible assets 11,260 11,729
Capitalization and amortization of issuance costs and discounts on long-term borrowings, net (2,969) 160
Loss (gain) on disposal of premises and equipment 112 (284)
Stock-based compensation 4,892 5,514
Net change in life insurance cash surrender value (7,704) (5,502)
Other changes, net 21,588 (126,880)
Total adjustments 17,227 (99,733)
Net cash provided by operating activities 214,402 92,452
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sales of AFS investment securities 141,366 14,966
Proceeds from principal repayments and maturities of AFS investment securities 428,363 270,296
Proceeds from principal repayments and maturities of HTM investment securities 67,978 44,319
Purchase of AFS investment securities (511,308) (492,443)
Purchase of HTM investment securities (200,978) (118,967)
Net change in FRB and FHLB stock (3,100) (1,941)
Net change in loans (214,696) 32,648
Net purchases of premises and equipment (7,554) (13,481)
Settlement of bank owned life insurance 1,867 1,385
Proceeds from sale-leaseback transaction 0 11,323
Net cash and cash equivalents acquired in acquisition (141,801) 0
Net change in tax credit investments (15,667) (18,106)
Net cash used in investing activities (171,928) (270,001)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net change in demand and savings deposits 177,512 67,301
Net change in time deposits and brokered deposits (49,042) (58,667)
Net change in borrowings 38,570 (8,308)
Repayments of senior debt and subordinated debt (195,000) 0
Proceeds from Issuance of Senior Long-Term Debt 300,000 0
Net proceeds from issuance of common stock 5,530 3,900
Dividends paid (75,647) (70,809)
Acquisition of treasury stock (42,939) (15,075)
Net cash provided by (used in) financing activities 158,984 (81,658)
Net increase (decrease) in Cash and Cash Equivalents 201,458 (259,207)
Cash and Cash Equivalents at Beginning of Period 1,061,609 1,063,871
Cash and Cash Equivalents at End of Period 1,263,067 804,664
Cash paid during the period for:    
Interest 266,254 300,395
Income taxes 35,332 52,629
Supplemental Schedule of Certain Noncash Activities:    
Reissuance of treasury stock pursuant to acquisition 252,940 0
Fair value of tangible assets acquired 2,065,172 0
PCD Loans credit discount 17,800 0
Intangible assets $ 1,843,976 $ 0