PARENT COMPANY FINANCIAL INFORMATION (Tables)

12 Months Ended

Dec. 31, 2017

Condensed Financial Information Of Parent Company Only Disclosure [Abstract]

Schedule of Parent Company Balance Sheets

BALANCE SHEETS (in thousands)

	December 31,
	2017		2016
ASSETS
Investment in subsidiaries:
Banks	$	1,815,953	$	1,662,326
Non-banks		149,145		214,633
Total investment in subsidiaries		1,965,098		1,876,959
Goodwill on purchased affiliates		5,011		5,011
Cash		260,621		65,254
Securities available for sale and other		68,550		90,759
Total assets	$	2,299,280	$	2,037,983
LIABILITIES AND SHAREHOLDERS' EQUITY
Long-term debt	$	68,285	$	67,256
Accrued expenses and other		49,464		8,343
Total liabilities		117,749		75,599
Shareholders' equity		2,181,531		1,962,384
Total liabilities and shareholders' equity	$	2,299,280	$	2,037,983

Schedule of Parent Company Statements of Income and Comprehensive Income

STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (in thousands)

	Year Ended December 31,
	2017			2016			2015
INCOME
Dividends and income received from subsidiaries	$	55,000		$	47,000		$	27,913
Service fees from subsidiaries		43,691			40,579			42,212
Other		10,390			4,207			891
Total income		109,081			91,786			71,016
EXPENSE
Salaries and employee benefits		43,716			38,198			41,019
Other		18,652			20,436			22,051
Total expense		62,368			58,634			63,070
Income before income taxes and equity in undistributed earnings of subsidiaries		46,713			33,152			7,946
Income tax benefit		(1,202	)		(3,903	)		(4,703	)
Income before equity in undistributed earnings of subsidiaries		47,915			37,055			12,649
Equity in undistributed earnings of subsidiaries:
Banks		140,873			119,551			95,942
Non-Banks		(5,812	)		(2,972	)		(12,033	)
Income from continuing operations		182,976			153,634			96,558
Income from discontinued operations		64,129			5,167			19,515
Net income	$	247,105		$	158,801		$	116,073
Other comprehensive income (loss)		12,017			(53,824	)		(14,724	)
Comprehensive income	$	259,122		$	104,977		$	101,349

Schedule of Parent Company Statements of Cash Flows

STATEMENTS OF CASH FLOWS (in thousands)

	Year Ended December 31,
	2017			2016			2015
OPERATING ACTIVITIES
Net income		247,105		$	158,801		$	116,073
Adjustments to reconcile net income to cash provided by operating activities:
Equity in earnings of subsidiaries		(146,367	)		(163,993	)		(128,601	)
Dividends received from subsidiaries		96,391			54,000			27,913
Depreciation and amortization		424			457			332
Equity based compensation		13,316			11,735			10,751
Net tax benefit related to equity compensation plans		3,612			1,073			944
Gains on sales of assets		(103,715	)		—			—
Changes in other assets and liabilities, net		5,424			(11,717	)		220
Net cash provided by operating activities		116,190			50,356			27,632
INVESTING ACTIVITIES
Net capital investment in subsidiaries		(37,474	)		(10,006	)		(16,513	)
Net cash activity from divestitures and acquisitions		168,361			—			24,962
Net (increase) decrease in securities available for sale		1,575			(1,034	)		211
Net cash (used in) provided by investing activities		132,462			(11,040	)		8,660
FINANCING ACTIVITIES
Cash dividends paid		(51,876	)		(49,038	)		(45,967	)
Proceeds from exercise of stock options and sales of treasury stock		13,867			16,911			11,606
Purchases of treasury stock		(15,276	)		(16,367	)		(8,457	)
Net cash used in financing activities		(53,285	)		(48,494	)		(42,818	)
Net decrease in cash		195,367			(9,178	)		(6,526	)
Cash and cash equivalents at beginning of period		65,254			74,432			80,958
Cash and cash equivalents at end of period	$	260,621		$	65,254		$	74,432