Parent Company Financial Statements (Tables)

12 Months Ended

Dec. 31, 2014

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Schedule Of Condensed Balance Sheet

Condensed Balance Sheets

December 31,

(in thousands)	2014		2013
ASSETS
Non-interest bearing deposits with subsidiary banks	$	102,102	$	72,679
Investments in:
Bank subsidiary	4,054,288		1,847,168
Nonbank subsidiaries	38,776		29,193
Other assets	4,079		1,590
Total assets	$	4,199,245	$	1,950,630
LIABILITIES AND SHAREHOLDERS' EQUITY
Payable to bank subsidiary	$	33	$	93
Other liabilities	67,345		33,938
Junior subordinated debentures, at fair value	249,294		87,274
Junior subordinated debentures, at amortized cost	101,576		101,899
Total liabilities	418,248		223,204
Shareholders' equity	3,780,997		1,727,426
Total liabilities and shareholders' equity	$	4,199,245	$	1,950,630

Schedule Of Condensed Statements Of Operations

Condensed Statements of Income

Year Ended December 31,

(in thousands)	2014			2013			2012
INCOME
Dividends from subsidiaries	$	250,848		$	62,241		$	78,755
Other income	(5,196		)	(2,321		)	(2,174		)
Total income	245,652			59,920			76,581
EXPENSES
Management fees paid to subsidiaries	533			501			459
Other expenses	12,966			8,885			9,189
Total expenses	13,499			9,386			9,648
Income before income tax benefit and equity in undistributed
earnings of subsidiaries	232,153			50,534			66,933
Income tax benefit	(7,336		)	(4,446		)	(4,904		)
Net income before equity in undistributed earnings of subsidiaries	239,489			54,980			71,837
Equity in undistributed earnings of subsidiaries	(91,969		)	43,381			30,054
Net income	147,520			98,361			101,891
Dividends and undistributed earnings allocated to participating securities	484			788			682
Net earnings available to common shareholders	$	147,036		$	97,573		$	101,209

Schedule Of Condensed Statements of Cash Flows

Condensed Statements of Cash Flows

Year Ended December 31,

(in thousands)	2014			2013			2012
OPERATING ACTIVITIES:
Net income	$	147,520		$	98,361		$	101,891
Adjustment to reconcile net income to net cash
provided by operating activities:
Equity in undistributed earnings of subsidiaries	91,969			(43,381		)	(30,054		)
Depreciation, amortization and accretion	(322		)	(322		)	(322		)
Change in fair value of junior subordinated debentures	5,849			2,193			2,182
Net (increase) decrease in other assets	(6,020		)	(92		)	4,925
Net (decrease) increase in other liabilities	(8,708		)	(1,361		)	(1,184		)
Net cash provided by operating activities	230,288			55,398			77,438
INVESTING ACTIVITIES:
Investment in subsidiaries	6			(2,928		)	(24,970		)
Acquisitions	(102,143		)	—			419
Net cash used by investing activities	(102,137		)	(2,928		)	(24,551		)
FINANCING ACTIVITIES:
Net (decrease) increase in payables to subsidiaries	(4		)	(8,448		)	17
Dividends paid on common stock	(99,233		)	(50,767		)	(46,201		)
Stock repurchased	(7,183		)	(9,356		)	(7,433		)
Proceeds from exercise of stock options	7,692			6,397			980
Net cash used by financing activities	(98,728		)	(62,174		)	(52,637		)
Change in cash and cash equivalents	29,423			(9,704		)	250
Cash and cash equivalents, beginning of year	72,679			82,383			82,133
Cash and cash equivalents, end of year	$	102,102		$	72,679		$	82,383