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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 169,736 $ 107,516
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 33,061 28,613
Accretion of discount and amortization of premiums, net (4,931) (15,855)
Stock compensation costs 5,151 4,575
Deferred tax expenses 2,295 3,718
Provision for credit losses 7,068 1,440
Net gains on sales of loans (2,754) (1,927)
Net gains on sales of available-for-sale investment securities (2,474) (3,842)
Net gains on sales of premises and equipment (72,007) (189)
Originations and purchases of loans held-for-sale (4,287) (1,403)
Proceeds from sales and paydowns/payoffs in loans held-for-sale 4,773 2,229
Net change in accrued interest receivable and other assets 93,501 2,057
Net change in accrued expenses and other liabilities (37,791) 57,957
Other net operating activities (6,064) (1,339)
Total adjustments 15,541 76,034
Net cash provided by operating activities 185,277 183,550
Net (increase) decrease in:    
Loans held-for-investment (1,085,449) (165,726)
Interest-bearing deposits with banks 75,140 (3,531)
Investments in qualified affordable housing partnerships, tax credit and other investments (38,354) (8,390)
Purchases of:    
Resale agreements (200,000) (1,000,000)
Available-for-sale investment securities (50,936) (223,873)
Loans held-for-investment (147,242) (239,399)
Premises and equipment (1,191) (2,259)
Proceeds from sale of:    
Available-for-sale investment securities 302,656 652,753
Loans held-for-investment 276,643 151,832
OREO 3,958 384
Premises and equipment 116,021 0
Paydowns and maturities of resale agreements 400,000 1,000,000
Repayments, maturities and redemptions of available-for-sale investment securities 125,006 158,268
Other net investing activities 11,345 10,467
Net cash (used in) provided by investing activities (212,403) 330,526
Net increase in:    
Customer deposits 646,188 1,116,272
Short-term borrowings (18,524) 9,962
Payments for:    
Repayment of FHLB advances 0 (700,000)
Repayment of long-term debt (5,000) (5,000)
Repurchase of vested shares due to employee tax liability (12,154) (3,054)
Cash dividends on common stocks (30,039) (29,325)
Other net financing activities 0 986
Net cash provided by financing activities 580,471 389,841
Effect of exchange rate changes on cash and cash equivalents 2,795 493
NET INCREASE IN CASH AND CASH EQUIVALENTS 556,140 904,410
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 1,878,503 1,360,887
CASH AND CASH EQUIVALENTS, END OF PERIOD 2,434,643 2,265,297
Cash paid (received) during the period for:    
Interest 30,361 24,309
Income tax refunds, net (230) (28,509)
Noncash investing and financing activities:    
Loans held-for-investment transferred to loans held-for-sale, net 278,024 308,722
Held-to-maturity investment security retained from securitization of loans 0 160,135
Dividends payable $ 891 $ 250