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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net Income $ 149,502 $ 157,894 $ 161,840
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit losses 2,250 12,500 40,500
Depreciation and amortization of premises and equipment 27,605 24,555 25,911
Net amortization of investment security premiums 7,330 5,120 10,002
Deferred income tax expense 13,424 18,523 11,825
Investment securities gains, net (9,066) (2,041) (8,004)
Gains on sales of mortgage loans (13,264) (10,063) (24,609)
Proceeds from sales of mortgage loans held for sale 757,850 654,654 1,424,896
Originations of mortgage loans held for sale (743,950) (640,762) (1,353,739)
Intangible amortization 247 1,259 2,438
Stock-based compensation 5,938 5,865 5,330
Excess tax benefits from stock-based compensation (201) (81) (302)
(Increase) decrease in accrued interest receivable (949) 2,219 1,749
Loss on redemption of trust preferred securities 5,626 0 0
Increase (decrease) in other assets (9,931) (8,803) 37,236
(Decrease) increase in accrued interest payable (7,321) 2,827 (4,112)
Decrease in other liabilities (8,128) (13,294) (29,344)
Total adjustments 27,460 52,478 139,777
Net cash provided by operating activities 176,962 210,372 301,617
CASH FLOWS FROM INVESTING ACTIVITIES:      
Proceeds from sales of securities available for sale 66,480 32,227 267,126
Proceeds from maturities and paydowns of securities available for sale 439,533 417,559 637,851
Purchase of securities available for sale (683,839) (164,769) (776,352)
Decrease (increase) in short-term investments 130,567 (174,922) (3,202)
Net increase in loans (743,655) (360,982) (699,961)
Net purchases of premises and equipment (27,113) (24,561) (24,209)
Net cash used in investing activities (818,027) (275,448) (598,747)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net increase in demand and savings deposits 971,312 722,791 472,439
Net (decrease) increase in time deposits (206,501) 153,529 (465,416)
Increase (decrease) in short-term borrowings 167,944 (928,910) 390,230
Additions to long-term debt 347,778 262,113 0
Repayments of long-term debt (539,497) (6,284) (10,669)
Net proceeds from issuance of common stock 10,607 8,201 9,936
Excess tax benefits from stock-based compensation 201 81 302
Dividends paid (65,361) (64,028) (46,525)
Acquisition of treasury stock (50,000) (175,255) (90,927)
Deferred accelerated stock repurchase payment 0 (20,000) 0
Net cash provided by (used in) financing activities 636,483 (47,762) 259,370
Net Decrease in Cash and Due From Banks (4,582) (112,838) (37,760)
Cash and Due From Banks at Beginning of Year 105,702 218,540 256,300
Cash and Due From Banks at End of Year 101,120 105,702 218,540
Cash paid during period for:      
Interest 91,116 78,384 86,607
Income taxes $ 13,378 $ 16,778 $ 32,605