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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating Activities:      
Net income $ 292,990 $ 355,697 $ 343,166
Adjustments to reconcile net income to net cash provided by operating activities      
Provision for credit losses 214,220 53,864 34,832
Depreciation, amortization and accretion, net 96,369 88,362 67,665
Deferred income tax (benefit) expense (4,058) 44,557 55,224
Stock-based compensation (benefit) expense (4,938) 11,304 13,496
Net amortization of premium on securities 10,881 6,605 7,411
Accretion of discounts on loans (81,604) (26,624) (20,318)
Mortgage servicing rights fair value change, net 62,859 35,536 5,370
Originations and purchases of mortgage loans held-for-sale (8,004,730) (4,497,921) (3,955,438)
Originations and purchases of mortgage loans held-for-sale (297,599) 0 0
Proceeds from sales of mortgage loans held-for-sale 7,624,799 4,484,838 4,076,887
BOLI income (4,488) (4,846) (5,448)
Decrease (increase) in trading securities, net 397 624 (697)
Net (increase) decrease in brokerage customer receivables (863) (3,964) 13,822
Gains on mortgage loans sold (339,127) (135,607) (104,998)
Losses (gains) on investment securities, net, and dividend reinvestment on equity securities 2,373 (3,525) 2,000
Losses on sales of premises and equipment, net 421 92 64
Net (gains) losses on sales and fair value adjustments of other real estate owned (1,421) 1,921 4,664
Increase in accrued interest receivable and other assets, net (131,870) (133,022) (133,519)
Increase (decrease) in accrued interest payable and other liabilities, net 46,924 (11,898) (27,001)
Net Cash (Used for) Provided by Operating Activities (518,465) 265,993 377,182
Investing Activities:      
Proceeds from maturities and calls of available-for-sale securities 1,613,143 718,345 352,683
Proceeds from maturities and calls of held-to-maturity securities 879,713 422,959 11,129
Proceeds from sales of available-for-sale securities 502,250 972,253 214,196
Proceeds from sales of equity securities with readily determinable fair value 6,530 19,200 1,895
Proceeds from sales and capital distributions of equity securities without readily determinable fair value 1,857 1,764 1,324
Purchases of available-for-sale securities (1,998,380) (2,226,834) (1,095,375)
Purchases of held-to-maturity securities (125,220) (493,389) (253,129)
Purchases of equity securities with readily determinable fair value (45,735) (32,729) 0
Purchases of equity securities without readily determinable fair value (5,118) (4,394) (4,592)
Purchase of Federal Home Loan Bank and Federal Reserve Bank stock, net (34,849) (9,385) (1,365)
Distributions from investments in partnerships, net 76 1,955 3,409
Net cash paid in business combinations 0 (108,365) (53,871)
Proceeds from sales of other real estate owned 10,776 14,516 19,375
Net increase in interest-bearing deposits with banks (2,636,581) (983,513) (15,988)
Net increase in loans (5,290,668) (2,229,637) (1,883,354)
Redemption of BOLI 3,428 326 8,438
Purchases of premises and equipment, net (63,646) (82,021) (68,273)
Net Cash Used for Investing Activities (7,182,424) (4,018,949) (2,763,498)
Financing Activities:      
Increase in deposit accounts 6,985,964 3,142,499 2,547,399
Increase in other borrowings, net 88,596 15,480 137,257
Increase (decrease) in Federal Home Loan Bank advances, net 553,500 248,442 (147,999)
Cash payments to settle contingent consideration liabilities recognized in business combinations (4,523) (66) 0
Proceeds from the issuance of preferred stock, net 277,613 0 0
Proceeds from the issuance of subordinated notes, net 0 296,617 0
Issuance of common shares resulting from exercise of stock options, employee stock purchase plan and conversion of common stock warrants 15,059 10,667 15,903
Common stock repurchases under authorized program (92,055) 0 0
Common stock repurchases for tax withholdings related to stock-based compensation (1,377) (1,297) (648)
Dividends paid (85,890) (65,110) (50,987)
Net Cash Provided by Financing Activities 7,736,887 3,647,232 2,500,925
Net Increase (Decrease) in Cash and Cash Equivalents 35,998 (105,724) 114,609
Cash and Cash Equivalents at Beginning of Period 286,476 392,200 277,591
Cash and Cash Equivalents at End of Period 322,474 286,476 392,200
Cash paid during the year for:      
Interest 257,408 327,329 197,911
Income taxes, net 105,268 60,845 69,118
Business combinations and asset acquisitions:      
Fair value of assets acquired, including cash and cash equivalents 0 1,093,254 485,368
Value ascribed to goodwill and other intangible assets 0 80,581 109,548
Fair value of liabilities assumed 0 896,686 423,234
Non-cash activities      
Transfer to other real estate owned from loans 13,239 5,722 7,936
Common stock issued for acquisitions $ 0 $ 71,756 $ 0