Annual report pursuant to Section 13 and 15(d)

PARENT COMPANY FINANCIAL INFORMATION (CONDENSED STATEMENTS OF CASH FLOWS) (Details)

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PARENT COMPANY FINANCIAL INFORMATION (CONDENSED STATEMENTS OF CASH FLOWS) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating activities:      
Net income $ 234,510 $ 263,917 $ 158,228
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation of premises and equipment 14,157 15,885 15,218
Acquisition accounting amortization, net 3,297 (2,953) (8,397)
Gain on sale of investment 0 (5,138) 0
Issuance of common stock for services 819 567 804
Net (increase) decrease in other assets (39,502) 83,248 (138,189)
Net increase in other liabilities 108,386 (136,196) 103,916
Net cash and cash equivalents provided by operating activities 403,965 337,791 231,922
Investing activities:      
Net increase in premises and equipment (2,855) (9,399) (29,573)
Proceeds from sale of former bank premises 13,538 11,315 4,063
Net cash used in investing activities (1,261,700) (345,442) (1,918,306)
Financing activities:      
Net increase (decrease) in short-term borrowings 1,200,967 (233,018) (85,365)
Repayments of long-term borrowings 0 (364,695) (619,616)
Net proceeds from issuance of long-term borrowings 0 246,869 0
Cash dividends paid - common stock (86,899) (84,307) (78,860)
Cash dividends paid - preferred stock (11,868) (11,868) (5,658)
Issuance of common stock 3,875 3,141 1,013
Issuance of preferred stock, net 0 0 166,356
Vesting of restricted stock, net of shares held for taxes (3,228) (2,580) (2,261)
Net cash and cash equivalents provided by (used in) financing activities 375,182 316,858 1,743,646
Net increase (decrease) in cash and cash equivalents (482,553) 309,207 57,262
Cash, cash equivalents, and restricted cash at beginning of the period 802,501 493,294 436,032
Cash, cash equivalents, and restricted cash at end of the period 319,948 802,501 493,294
Parent Company      
Operating activities:      
Net income 234,510 263,917 158,228
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in undistributed net income of subsidiaries (145,985) (158,702) (75,326)
Non-cash dividend (27,215) 0 0
Depreciation of premises and equipment 0 414 439
Writedown of corporate facilities 0 7,429 0
Acquisition accounting amortization, net 829 806 735
Issuance of common stock for services 819 567 804
Net (increase) decrease in other assets (9,663) (10,726) (3,005)
Net increase in other liabilities 11,370 12,944 10,038
Net cash and cash equivalents provided by operating activities 64,665 116,649 91,913
Investing activities:      
Net increase in premises and equipment 0 0 (306)
Proceeds from sale of former bank premises 2,524 0 0
Increase in equity method investments (8,830) (4,188) (2,353)
Net cash used in investing activities (6,306) (4,188) (2,659)
Financing activities:      
Repayments of long-term borrowings 0 (150,000) (8,500)
Net proceeds from issuance of long-term borrowings 0 246,869 0
Cash dividends paid - common stock (86,899) (84,307) (78,860)
Cash dividends paid - preferred stock (11,868) (11,868) (5,658)
Repurchase of common stock (48,231) (125,000) (49,879)
Issuance of common stock 3,875 3,141 1,013
Issuance of preferred stock, net 0 0 166,356
Vesting of restricted stock, net of shares held for taxes (3,228) (2,580) (2,261)
Net cash and cash equivalents provided by (used in) financing activities (146,351) (123,745) 22,211
Net increase (decrease) in cash and cash equivalents (87,992) (11,284) 111,465
Cash, cash equivalents, and restricted cash at beginning of the period 105,464 116,748 5,283
Cash, cash equivalents, and restricted cash at end of the period $ 17,472 $ 105,464 $ 116,748