v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities    
Interest and dividends received $ 337,256,000 $ 292,810,000
Service charges and other fees received 24,411,000 22,299,000
Interest paid (69,073,000) (65,625,000)
Net cash paid to vendors, employees and others (147,379,000) (131,308,000)
Proceeds from sale of loans 327,450,000 0
Income taxes paid, net (22,130,000) (23,190,000)
Net cash provided by operating activities 450,535,000 94,986,000
Cash Flows from Investing Activities    
Net change in FHLB, FRB, and other stock 7,243,000 0
Net change in interest-earning balances from depository institutions 12,315,000 (10,524,000)
Proceeds from repayment of investment securities available-for-sale 249,585,000 167,451,000
Proceeds from repayment and maturity of investment securities held-to-maturity 47,009,000 52,560,000
Proceeds from sale of investment securities available-for-sale 488,210,000 0
Purchases of investment securities available-for-sale (361,510,000) (29,388,000)
Purchases of investment securities held-to-maturity (1,114,000) (6,230,000)
Net increase in equity investments (26,968,000) (18,499,000)
Net (increase) decrease in loan and lease finance receivables (156,258,000) 179,611,000
Purchase of premises and equipment (1,925,000) (1,529,000)
Proceeds from BOLI death benefit 0 2,340,000
Proceeds from sales of OREO 0 21,348,000
Cash acquired from acquisition, net of cash paid 542,651,000 0
Net cash provided by investing activities 799,238,000 357,140,000
Cash Flows from Financing Activities    
Net (decrease) increase in other deposits (103,747,000) 26,045,000
Net (decrease) increase in time deposits (431,999,000) 10,397,000
Repayment of long-term FHLB advances (300,000,000) 0
Net change in short-term borrowings 300,000,000 0
Net increase in customer repurchase agreements 72,804,000 142,267,000
Cash dividends on common stock (54,442,000) (55,925,000)
Repurchase of common stock and restricted stock (5,133,000) (41,231,000)
Proceeds from exercise of stock options 714,000 259,000
Net cash (used in) provided by financing activities (521,803,000) 81,812,000
Net increase in cash and cash equivalents 727,970,000 533,938,000
Cash and cash equivalents, beginning of period 376,389,000 204,698,000
Cash and cash equivalents, end of period 1,104,359,000 738,636,000
Reconciliation of Net Earnings to Net Cash Provided by Operating Activities    
Net Income (Loss) 99,263,000 101,668,000
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Gain on sale of other real estate owned 0 (2,045,000)
Increase in BOLI 0 (6,059,000)
Net amortization of premiums and discounts on investment securities 6,584,000 7,836,000
Accretion of discount for acquired loans, net 3,603,000 (1,390,000)
Provision for (recapture of) credit losses 3,000,000 (2,000,000)
Provision for unfunded loan commitments 4,750,000 500,000
Stock-based compensation 2,436,000 4,934,000
Depreciation, amortization and accretion, net 8,567,000 8,678,000
Proceeds from sales of loans held for sale 327,450,000 0
Change in other assets and liabilities 2,088,000 (17,136,000)
Total adjustments 351,272,000 (6,682,000)
Net cash provided by operating activities 450,535,000 94,986,000
Supplemental Disclosure of Non-cash Investing Activities    
Securities purchased and not settled 150,680,000 0
Transfer of loans to other real estate owned 43,000 661,000
Business Combination:    
Fair value of tangible assets acquired 5,288,984,000 0
Goodwill and intangibles 450,694,000 0
Fair value of liabilities assumed 4,894,181,000 0
Issuance of common stock for acquisitions $ 840,173,000 $ 0