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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows from Operating Activities    
Net income $ 127,084,000 $ 119,663,000
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:    
Credit for loan losses (15,650,000) (8,400,000)
Provision for losses on other real estate owned 176,000 547,000
Deferred tax liability 22,483,000 14,327,000
Depreciation and amortization 5,684,000 5,745,000
Net gains on sale and transfer of other real estate owned (476,000) (2,006,000)
Net gains on sale of loans (285,000) (845,000)
Proceeds from sales of loans 13,525,000 28,507,000
Originations of loans held-for-sale (12,665,000) (26,689,000)
Amortization on alternative energy partnerships, venture capital and other investments 27,282,000 16,993,000
Net gain on sales and calls of securities (3,347,000) (506,000)
Amortization/accretion of security premiums/discounts, net 5,193,000 3,542,000
Loss on sales or disposal of fixed assets 19,000 138,000
Write-down on impaired securities 206,000 3,875,000
Excess tax short-fall from share-based payment arrangements 5,602,000
Stock based compensation and stock issued to officers as compensation 3,804,000 3,923,000
Net change in accrued interest receivable and other assets 2,101,000 (30,929,000)
Net change in other liabilities (4,537,000) (9,432,000)
Net cash provided by operating activities 170,597,000 124,055,000
Cash Flows from Investing Activities    
Decrease/(increase) in short-term investments (254,877,000) 119,785,000
Purchase of investment securities available-for-sale (690,966,000) (1,323,149,000)
Proceeds from sale of investment securities available-for-sale 415,543,000 1,033,195,000
Proceeds from repayments, maturities and calls of investment securities available-for-sale 585,285,000 232,253,000
Purchase of Federal Home Loan Bank stock (1,650,000)
Redemptions of Federal Home Loan Bank stock 13,535,000
Net increase in loans (853,453,000) (702,595,000)
Purchase of premises and equipment (3,166,000) (2,628,000)
Proceeds from sales of premises and equipment 11,000
Proceeds from sales of other real estate owned 6,713,000 10,524,000
Investment in affordable housing and alternative energy partnerships (59,844,000) (46,349,000)
Acquisition, net of cash acquired 6,572,000
Net cash used in investing activities (856,404,000) (658,857,000)
Cash Flows from Financing Activities    
Net increase in deposits 429,976,000 1,034,442,000
Net decrease in federal funds purchased and securities sold under agreements to repurchase (50,000,000) (50,000,000)
Advances from Federal Home Loan Bank 2,730,000,000 4,842,000,000
Repayment of Federal Home Loan Bank borrowings (2,305,000,000) (5,192,000,000)
Cash dividends paid (42,570,000) (30,690,000)
Purchases of treasury stock (54,441,000) (50,701,000)
Proceeds from shares issued under Dividend Reinvestment Plan 1,643,000 3,636,000
Proceeds from exercise of stock options 49,000 3,433,000
Taxes paid related to net share settlement of RSUs (103,000) (204,000)
Excess tax short-fall from share-based payment arrangements (5,602,000)
Net cash provided by financing activities 709,554,000 554,314,000
Increase in cash and cash equivalents 23,747,000 19,512,000
Cash and cash equivalents, beginning of the period 180,130,000 176,830,000
Cash and cash equivalents, end of the period 203,877,000 196,342,000
Supplemental disclosure of cash flow information    
Interest 61,212,000 52,614,000
Income taxes paid 31,717,000 67,776,000
Non-cash investing and financing activities:    
Net change in unrealized holding gain on securities available-for-sale, net of tax 13,927,000 4,790,000
Net change in unrealized holding loss on cash flow hedge derivatives (3,598,000) (1,818,000)
Transfers of investment securities to available-for-sale from other assets 520,000
Transfers to other real estate owned from loans held for investment 2,698,000 3,914,000
Loans transferred from held for sale to held for investment, net 1,351,000
Loans to facilitate the sale of other real estate owned 2,616,000
Issuance of stock related to acquisition $ 82,857,000