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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income $ 113,635 $ 120,391
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan and lease losses 8,900 2,600
Depreciation, amortization and accretion, net 30,220 24,495
Deferred income taxes 4,425 6,662
Stock-based compensation 2,994  
Other gains (133) (25)
Net gains on sales of loans held for sale (13)  
Net gains on investment securities   (25,731)
Change in assets and liabilities:    
Net decrease in other assets 13,487 14,157
Net decrease in other liabilities (14,619) (2,711)
Net cash provided by operating activities 158,896 139,838
Available-for-sale securities:    
Proceeds from maturities and principal repayments 412,621 551,595
Proceeds from sales   534,107
Purchases (438,348) (1,554,942)
Other investments:    
Proceeds from sales 11,463 11,801
Purchases (9,651) (11,832)
Loans:    
Net increase in loans and leases resulting from originations and principal repayments (539,237) (466,843)
Proceeds from sales of loans originated for investment 672  
Purchases of loans (8,000)  
Proceeds from bank-owned life insurance 3,987 1,021
Purchases of premises, equipment and software (4,019) (8,565)
Proceeds from sales of premises and equipment 27 50
Proceeds from sales of other real estate owned 635 167
Other (1,046) 66
Net cash used in investing activities (570,896) (943,375)
Cash flows from financing activities    
Net increase in deposits 657,730 60,180
Net decrease in short-term borrowings (9,151) (181,200)
Dividends paid (61,400) (30,000)
Distributions paid   (363,624)
Proceeds from employee stock purchase plan 528  
Net cash provided by (used in) financing activities 587,707 (514,644)
Net increase (decrease) in cash and cash equivalents 175,707 (1,318,181)
Cash and cash equivalents at beginning of period 1,052,058 2,650,195
Cash and cash equivalents at end of period 1,227,765 1,332,014
Supplemental disclosures    
Interest paid 15,154 12,663
Income taxes paid, net of income tax refunds 31,091 104,792
Noncash investing and financing activities:    
Transfers from loans and leases to other real estate owned 524 202
Transfers from loans and leases to loans held for sale $ 659  
Derivative liability entered into in connection with sale of investment securities   $ 8,828