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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 198,775 $ 158,476 [1]
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 30,801 38,302 [1]
(Accretion) of discount and amortization of premiums, net (29,504) (113,327)
Changes in FDIC indemnification asset and receivable/payable 15,090 111,192
Stock compensation costs 7,652 6,745
Deferred tax expense 10,056 7
Tax benefit from stock compensation plans, net (3,196) (3,787)
Provision for loan losses 8,481 14,933
Net gains on sales of loans (14,831) (12,989)
Net gains on sales of available-for-sale investment securities (9,958) (4,089)
Net gains on sales of other real estate owned, premises and equipment and other assets (9,041) (3,863)
Originations and purchases of loans held for sale (442) (86,312)
Proceeds from sales and paydowns/payoffs in loans held for sale 1,863 109,241
Repurchase agreements extinguishment costs 6,625  
Net (payments to) proceeds from FDIC shared-loss agreements (1,331) 2,367
Net change in accrued interest receivable and other assets 76,621 (112,876) [1]
Net change in accrued expenses and other liabilities 3,145 (55,872)
Other net operating activities (1,346) (633)
Total adjustments 90,685 (110,961) [1]
Net cash provided by operating activities 289,460 47,515
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisitions, net of cash paid   138,465
Net (increase) decrease in:    
Loans receivable (1,350,101) (1,581,763)
Short-term investments 63,876 (28,657)
Investments in qualified affordable housing partnerships, tax credit and other investments (31,977) (43,195)
Purchases of:    
Resale agreements (1,345,000) (475,000)
Available-for-sale investment securities (1,221,706) (250,607)
Loans receivable (2,514) (1,817)
Proceeds from sale of:    
Available-for-sale investment securities 473,062 351,842
Loans receivable 1,013,886 355,974
Other real estate owned 15,337 20,943
Paydowns and maturities of resale agreements 1,175,000 500,000
Repayments, maturities and redemptions of available-for-sale investment securities 396,809 207,746
Redemption of Federal Home Loan Bank stock 13,084 27,309
Surrender of life insurance policies 156 49,111
Other net investing activities 1,459 (11,384)
Net cash used in investing activities (798,629) (741,033)
Net increase (decrease) in:    
Deposits 1,519,447 1,143,322
Short-term borrowings 3,271  
Proceeds from:    
Issuance of common stock pursuant to various stock plans and agreements 1,769 1,207
Payment for:    
Repayment of Federal Home Loan Bank advances   (10,000)
Repayment of long-term debt (10,000) (20,310)
Extinguishment of repurchase agreements (106,625) (15,000)
Repurchase of vested shares due to employee tax liability (5,787) (7,308)
Cash dividends (58,073) (51,956)
Tax benefit from stock compensation plans, net 3,196 3,787
Net cash provided by financing activities 1,347,198 1,043,742
NET INCREASE IN CASH AND CASH EQUIVALENTS 838,029 350,224
CASH AND CASH EQUIVALENTS, BEGINNING OF THE PERIOD 1,039,885 895,820
CASH AND CASH EQUIVALENTS, END OF THE PERIOD 1,877,914 1,246,044
Cash paid during the period for:    
Interest 55,036 56,357
Income tax payments, net of refunds 19,174 221,355
Noncash investing and financing activities:    
Loans transferred to loans held for sale, net 1,149,830 605,726
Transfers to other real estate owned 4,629 38,048
Loans to facilitate sale of other real estate owned $ 1,750  
Issuance of stock related to acquisition   $ 190,830
[1] Prior periods were restated to reflect the retrospective application of adopting the new accounting guidance related to the Company's investments in qualified affordable housing projects Accounting Standards Update ("ASU") 2014-01. See Note 10 of the Notes to Consolidated Financial Statements for additional information.