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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 137,752 $ 119,475
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 16,575 8,182
Depreciation and amortization of premises and equipment 21,013 20,547
Net amortization of investment securities premiums 7,412 7,434
Investment securities gains, net (7,139) (1,025)
Gain on sales of mortgage loans held for sale (10,122) (11,967)
Proceeds from sales of mortgage loans held for sale 470,927 493,457
Originations of mortgage loans held for sale (455,157) (492,440)
Amortization of issuance costs on long-term debt 618 347
Stock-based compensation 3,339 4,808
Excess tax benefits from stock-based compensation 0 (58)
Increase in accrued interest receivable (3,788) (833)
Decrease (increase) in other assets 38,108 (9,075)
Increase in accrued interest payable 936 2,921
(Decrease) increase in other liabilities (26,027) 2,061
Total adjustments 56,695 24,359
Net cash provided by operating activities 194,447 143,834
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sales of securities available for sale 44,485 84,978
Proceeds from principal repayments and maturities of securities available for sale 321,088 426,932
Purchase of securities available for sale (344,569) (484,164)
Increase in short-term investments (354,544) (136,450)
Net increase in loans (800,778) (567,061)
Net purchases of premises and equipment (24,758) (23,021)
Net cash used in investing activities (1,159,076) (698,786)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in demand and savings deposits 1,014,697 880,795
Net increase (decrease) in time deposits 114,219 (60,633)
Decrease in short-term borrowings (242,566) (233,621)
Additions to long-term debt 223,251 16,000
Repayments of long-term debt (115,114) (603)
Net proceeds from issuance of common stock 7,037 5,468
Excess tax benefits from stock-based compensation 0 58
Dividends paid (55,855) (48,590)
Acquisition of treasury stock 0 (18,545)
Net cash provided by financing activities 945,669 540,329
Net Decrease in Cash and Due From Banks (18,960) (14,623)
Cash and Due From Banks at Beginning of Period 118,763 101,120
Cash and Due From Banks at End of Period 99,803 86,497
Cash paid during the period for:    
Interest 66,992 58,632
Income taxes $ 7,881 $ 9,404