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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating Activities    
Net income $ 119,600 $ 120,527
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization and accretion 45,059 31,412
Provision for credit losses 43,047 27,777
Deferred tax expense 10,390 3,874
Net securities gains (596) (319)
Tax benefit of stock-based compensation (292) (5)
Loans originated for sale (484,437) (336,776)
Loans sold 482,161 346,174
Gain on sale of loans (10,806) (6,794)
Net change in:    
Interest receivable (1,372) (4,457)
Interest payable 945 (414)
Bank owned life insurance (3,103) (4,266)
Other, net (10,708) 8,144
Net cash flows provided by operating activities 189,888 184,877
Investing Activities    
Net change in loans and leases (666,413) (657,586)
Securities available for sale:    
Purchases (753,544) (279,636)
Sales 615,199 33,499
Maturities 437,406 212,140
Securities held to maturity:    
Purchases (875,597) (279,998)
Maturities 259,202 203,689
Purchase of bank owned life insurance (16,579) (72,688)
Withdrawal/surrender of bank owned life insurance   72,664
Increase in premises and equipment (37,074) (7,304)
Net cash received in business combinations 245,762 148,159
Net cash flows used in investing activities (791,638) (627,061)
Financing Activities    
Demand (non-interest bearing and interest bearing) and savings accounts 858,937 1,304,345
Time deposits (134,234) (78,764)
Short-term borrowings (15,192) (754,356)
Increase in long-term borrowings 39,888 20,976
Decrease in long-term borrowings (119,005) (19,804)
Net proceeds from issuance of common stock 9,358 10,515
Tax benefit of stock-based compensation 292 5
Cash dividends paid:    
Preferred stock (6,030) (6,030)
Common stock (76,133) (63,330)
Net cash flows provided by financing activities 557,881 413,557
Net Decrease in Cash and Cash Equivalents (43,869) (28,627)
Cash and cash equivalents at beginning of period 489,119 287,393
Cash and Cash Equivalents at End of Period $ 445,250 $ 258,766