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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating Activities    
Net income $ 71,857 $ 52,531
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 8,674 9,377
Depreciation, amortization, and accretion, net 14,479 13,785
Deferred income tax expense 36,014 28,601
Decrease in trading account assets 7,536 296
Originations of mortgage loans held for sale (156,043) (138,695)
Proceeds from sales of mortgage loans held for sale 155,245 138,677
Gain on sales of mortgage loans held for sale, net (3,560) (3,424)
Increase in other assets (1,875) (38,484)
Increase in other liabilities 4,963 17,341
Investment securities gains, net (7,668) (67)
Losses and write-downs on other real estate, net 1,790 2,098
Decrease in fair value of private equity investments, net 1,814 391
Loss on early extinguishment of debt, net 0 4,735
Share-based compensation expense 3,360 3,337
Net cash provided by operating activities 136,586 90,499
Investing Activities    
Net increase in interest earning deposits with banks (5,539) (4,299)
Net decrease (increase) in federal funds sold and securities purchased under resale agreements 8,057 (6,481)
Net increase in interest bearing funds with Federal Reserve Bank (95,370) (78,640)
Proceeds from maturities and principal collections of investment securities available for sale 163,386 168,039
Proceeds from sales of investment securities available for sale 282,629 243,609
Purchases of investment securities available for sale (410,814) (363,788)
Proceeds from sales of loans 0 4,259
Proceeds from sales of loans 2,773 10,798
Net increase in loans (419,552) (344,159)
Purchases of bank-owned life insurance policies (75,000) 0
Net increase in premises and equipment (5,497) (7,830)
Proceeds from sales of other assets held for sale 1,328 0
Net cash used in investing activities (553,599) (378,492)
Financing Activities    
Net increase in demand and savings deposits 364,517 110,837
Net increase in certificates of deposit 92,955 96,212
Net (decrease) increase in federal funds purchased and securities sold under repurchase agreements (13,219) 26,954
Repayments on long-term debt (275,000) (830,067)
Proceeds from issuance of long-term debt 275,000 1,000,000
Dividends paid to common shareholders (18,347) (15,069)
Dividends paid to preferred shareholders (2,559) (2,559)
Stock options exercised 1,919 456
Repurchases of common stock (15,151) (110,985)
Restricted stock activity (7,784) (2,818)
Net cash provided by financing activities 402,331 272,961
Decrease in cash and cash equivalents (14,682) (15,032)
Cash and cash equivalents at beginning of period 395,175 367,092
Cash and cash equivalents at end of period 380,493 352,060
Supplemental Cash Flow Information    
Income tax payments (refunds), net 210 (656)
Interest paid 31,714 32,141
Non-cash Activities    
Premises and equipment transferred to other assets held for sale 0 4,828
Loans foreclosed and transferred to other real estate 2,679 4,328
Loans transferred to other loans held for sale at fair value 8,442 3,834
Securities purchased during the period but settled after period-end $ 94,560 $ 0