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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities      
Net income $ 265,685 $ 265,735 $ 185,754
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit losses 1,392 (39,000) 121,718
Depreciation, amortization and accretion, net 56,747 51,844 63,071
Deferred income tax provision (benefits) 22,138 14,120 (19,396)
Stock-based compensation 10,298 13,106 10,028
Other losses (gains) 2,658 (1,437) (4)
Originations of loans held for sale (15,694) (87,336) (327,076)
Proceeds from sales of loans held for sale 15,234 100,499 326,785
Net losses (gains) on sales of loans originated for investment and held for sale 164 (2,706) (18,995)
Net (gains) losses on investment securities   (102) 114
Change in assets and liabilities:      
Net decrease (increase) in other assets 18,469 (8,211) (17,880)
Net increase (decrease) in other liabilities 53,523 110,613 (114,613)
Net cash provided by operating activities 430,614 417,125 209,506
Available-for-sale securities:      
Proceeds from maturities and principal repayments 873,747 1,814,514 1,474,587
Proceeds from calls and sales 1,080 11,115 644,983
Purchases (938,268) (4,428,656) (4,045,871)
Held-to-maturity securities:      
Proceeds from maturities and principal repayments 350,593    
Proceeds from calls 585    
Purchases (79,470)    
Other investments:      
Proceeds from sales 7,967 28,483 34,822
Purchases (31,087) (80,464) (77,927)
Loans:      
Net (increase) decrease in loans and leases resulting from originations and principal repayments (914,318) 594,642 (217,530)
Proceeds from sales of loans originated for investment 288 2,200 153,647
Purchases of loans (235,884) (309,760) (41,146)
Proceeds from bank-owned life insurance   7,903 3,089
Purchases of premises, equipment and software (13,295) (20,458) (33,390)
Proceeds from sales of premises and equipment 17,304 4,021  
Proceeds from sales of other real estate owned 337 141 787
Other (4,679)   186
Net cash used in investing activities (965,100) (2,376,319) (2,103,763)
Cash flows from financing activities      
Net (decrease) increase in deposits (127,117) 2,588,423 2,782,729
Proceeds (repayments) of short-term borrowings 75,000   (400,000)
Repayment of long-term borrowings   (200,010) (9)
Dividends paid (132,588) (134,133) (135,099)
Stock tendered for payment of withholding taxes (3,555) (3,108) (1,749)
Proceeds from employee stock purchase plan 379 547 312
Common stock repurchased (9,478) (75,000) (5,000)
Net cash provided by (used in) financing activities (197,359) 2,176,719 2,241,184
Net (decrease) increase in cash and cash equivalents (731,845) 217,525 346,927
Cash and cash equivalents at beginning of year 1,258,469 1,040,944 694,017
Cash and cash equivalents at end of year 526,624 1,258,469 1,040,944
Supplemental disclosures      
Interest paid 44,325 23,001 52,865
Income taxes paid, net of income tax refunds 24,692 55,354 53,272
Noncash investing and financing activities:      
Transfers from loans and leases and other assets to other real estate owned 226 316 437
Operating lease right-of-use assets obtained in exchange for new lease obligations 4,676 31,792 3,796
Transfers (to) from loans and leases (from) to loans held for sale   1,616 145,036
Transfers to loans and leases from loans held for sale (546)    
Obligation to fund low-income housing partnerships 7,569 $ 35,721 $ 13,767
Transfers of securities from available-for-sale to held-to-maturity $ 4,550,748