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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
OPERATING ACTIVITIES    
Net income $ 170,059 $ 135,144
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 22,750 35,000
Net accretion of premiums and discounts from acquisition (193) (1,810)
Depreciation and amortization 39,781 41,538
Deferred income tax (benefit) expense (22,535) 1,555
Net increase in trading securities and other earning assets (29,583) (17,680)
Gains on sales of securities available for sale, net (578) (4,138)
Gains on sales of assets (157) (484)
Amortization of securities premiums, net of discount accretion 33,906 36,571
Originations of loans held for sale (40,836) (53,207)
Gains on sales of loans held for sale, net (966) (1,188)
Proceeds from sales of loans held for sale 41,040 55,149
Equity-based compensation 8,964 10,047
Net tax benefit related to equity compensation plans 2,241 3,149
Changes in:    
Accrued income (5,149) (4,031)
Accrued expenses and taxes (19,916) 21,011
Other assets and liabilities, net 25,258 (12,336)
Net cash provided by operating activities 224,086 244,290
INVESTING ACTIVITIES    
Proceeds from maturities of securities held to maturity 81,670 64,079
Proceeds from sales of securities available for sale 95,525 573,062
Proceeds from maturities of securities available for sale 825,504 1,005,585
Purchases of securities held to maturity (20,159) (225,445)
Purchases of securities available for sale (760,205) (1,107,842)
Net increase in loans (708,880) (481,593)
Net (increase) decrease in fed funds sold and resell agreements (14,811) 79,891
Net cash activity from acquisitions and divestitures 2,364 (2,532)
Net (increase) decrease in interest bearing balances due from other financial institutions (4,776) 34,164
Purchases of premises and equipment (36,731) (24,748)
Proceeds from sales of premises and equipment 463 1,650
Increase in COLI/BOLI cash surrender value   (62,800)
Proceeds from bank-owned life insurance death benefit 16  
Net cash used in investing activities (540,020) (146,529)
FINANCING ACTIVITIES    
Net decrease in demand and savings deposits (46,544) (559,697)
Net decrease in time deposits (239,752) (11,313)
Net decrease in fed funds purchased and repurchase agreements (67,719) (100)
Repayment of long-term debt (1,554) (1,491)
Cash dividends paid (43,529) (38,171)
Proceeds from exercise of stock options and sales of treasury shares 9,880 11,629
Purchases of treasury stock (26,417) (14,369)
Net cash used in financing activities (415,635) (613,512)
Decrease in cash and cash equivalents (731,569) (515,751)
Cash and cash equivalents at beginning of period 1,716,262 1,063,967
Cash and cash equivalents at end of period 984,693 548,216
Supplemental Disclosures:    
Income taxes paid 62,776 37,109
Total interest paid $ 76,066 $ 40,245