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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash Flows from Operating Activities    
Net income $ 100,356,000 $ 80,994,000
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:    
Reversal for loan losses (2,500,000) (15,650,000)
Provision for losses on other real estate owned 483,000 383,000
Deferred tax liability 12,227,000 7,098,000
Depreciation and amortization 3,504,000 3,861,000
Net gains on sale and transfer of other real estate owned (317,000) (228,000)
Net gains on sale of loans (201,000)
Proceeds from sales of loans 7,500,000 6,065,000
Originations of loans held-for-sale (8,789,000)
Amortization on alternative energy partnerships, venture capital and other investments 1,682,000 25,264,000
Net loss/(gain) on sales and calls of securities 438,000 (1,655,000)
Amortization/accretion of security premiums/discounts, net 1,293,000 3,404,000
Write-down on impaired securities 25,000 206,000
Stock based compensation and stock issued to officers as compensation 3,107,000 2,623,000
Net change in accrued interest receivable and other assets 603,000 (4,690,000)
Net change in other liabilities 1,832,000 (7,212,000)
Net cash provided by operating activities 130,233,000 91,473,000
Cash Flows from Investing Activities    
Decrease/(increase) in short-term investments 573,172,000 (170,047,000)
Purchase of investment securities available-for-sale (349,550,000) (290,901,000)
Proceeds from sale of investment securities available-for-sale 99,541,000 241,844,000
Proceeds from repayments, maturities and calls of investment securities available-for-sale 198,619,000 415,656,000
Net increase in loans (369,751,000) (350,810,000)
Purchase of premises and equipment (1,718,000) (1,857,000)
Proceeds from sales of other real estate owned 1,399,000 828,000
Net increase in investment in affordable housing and alternative energy partnerships (16,685,000) (47,420,000)
Net cash provided by (used for) investing activities 135,027,000 (202,707,000)
Cash Flows from Financing Activities    
Net decrease in deposits (211,228,000) (37,711,000)
Net decrease in federal funds purchased and securities sold under agreements to repurchase (200,000,000)
Advances from Federal Home Loan Bank 795,000,000 1,755,000,000
Repayment of Federal Home Loan Bank borrowings (670,000,000) (1,475,000,000)
Cash dividends paid (33,524,000) (28,375,000)
Purchases of treasury stock (54,441,000)
Proceeds from shares issued under Dividend Reinvestment Plan 1,233,000 1,096,000
Proceeds from exercise of stock options 877,000 49,000
Taxes paid related to net share settlement of RSUs (5,118,000) (103,000)
Net cash (used in) financing activities (322,760,000) 160,515,000
(Decrease)/increase in cash and cash equivalents (57,500,000) 49,281,000
Cash and cash equivalents, beginning of the period 218,017,000 180,130,000
Cash and cash equivalents, end of the period 160,517,000 229,411,000
Supplemental disclosure of cash flow information    
Interest 39,259,000 40,740,000
Income taxes paid 30,096,000 30,698,000
Non-cash investing and financing activities:    
Net change in unrealized holding gain on securities available-for-sale, net of tax 2,546,000 13,970,000
Net change in unrealized holding loss on cash flow hedge derivatives (251,000) (4,402,000)
Transfers to other real estate owned from loans held for investment 726,000 2,698,000
Loans transferred from held for sale to held for investment, net $ 3,751,000