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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
FDIC loss-sharing agreement early termination, pretax loss $ 2,409 $ 0
Cash Flows From Operating Activities    
Net income 97,100 74,148
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for loan and lease losses 5,304 10,760
Stock-based compensation expense 5,915 3,626
Depreciation, amortization and accretion 21,483 27,796
Investment securities gains 0 1,174
Net realized (gain) loss on sale of premises and equipment, loans held for investment and other assets (189) 186
Net realized loss on sale and valuation adjustments of other real estate owned 489 101
Originations of loans held for sale 99,130 76,645
Proceeds from sales of loans held for sale 97,174 77,793
Net change in:    
Interest receivable (6,089) (3,729)
Interest payable (21) (84)
Other assets 3,359 (7,714)
Other liabilities (2,624) 13,416
Net cash provided by operating activities 111,180 118,480
Gain on sale of merchant card services portfolio (14,000) 0
Cash Flows From Investing Activities    
Loans originated and acquired, net of principal collected (304,831) (450,914)
Purchases of securities available for sale (130,906) (502,602)
Purchases of premises and equipment (4,380) (2,705)
Payments to Acquire Federal Home Loan Bank Stock (92,040) (57,799)
Proceeds from FDIC for reimbursement on loss-sharing asset 26 878
Proceeds from sales of securities available for sale 0 120,800
Proceeds from principal repayments and maturities of securities available for sale 200,470 199,677
Proceeds from Sales of Assets, Investing Activities 12,157 7,391
Proceeds from sale of merchant card services portfolio 14,000 0
Proceeds from Sale of Federal Home Loan Bank Stock 92,040 57,881
Proceeds from sales of other real estate and other personal property owned 1,901 5,845
Payment to FDIC to terminate loss-sharing agreements 4,666 0
Payments to FDIC related to loss-sharing asset (210) (855)
Net cash used in investing activities (216,439) (622,403)
Cash Flows From Financing Activities    
Net increase in deposits 282,336 619,162
Net decrease in sweep repurchase agreements (39,889) (30,510)
Proceeds from Federal Home Loan Bank advances 2,301,000 1,347,000
Federal Reserve Bank borrowings 10 10
Proceeds from exercise of stock options 1,980 1,304
Repayment of Federal Home Loan Bank advances (2,301,000) (1,349,000)
Repayment of Federal Reserve Bank borrowings 10 10
Payment of common stock dividends (38,466) (66,041)
Preferred stock dividends 0 (117)
Purchase and retirement of common stock 2,246 1,113
Net cash provided by financing activities 203,715 520,685
Increase in cash and cash equivalents 98,456 16,762
Cash and cash equivalents at beginning of period 224,238 175,302
Cash and cash equivalents at end of period 322,694 192,064
Supplemental Information:    
Cash paid for interest 4,161 3,437
Cash paid for income tax 37,701 20,825
Non-cash investing and financing activities    
Loans transferred to other real estate owned $ 74 $ 1,202