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Operations and Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Error Corrections and Prior Period Adjustments
Revised Consolidated Balance Sheet as of December 31, 2019
(in thousands)
 
As Reported
 
Adjustment
 
As Revised
Other liabilities
 
$
287,157

 
$
30,937

 
$
318,094

Total liabilities
 
29,715,811

 
30,937

 
29,746,748

Retained Earnings
 
1,694,608

 
(30,937
)
 
1,663,671

Total Equity
 
2,832,258

 
(30,937
)
 
2,801,321

Revised Consolidated Statement of Operations and Other Comprehensive Income/(Loss)
 
Three Months Ended June 30, 2019
 
Six Months Ended June 30, 2019
(in thousands)
As Reported
 
Adjustment
 
As Revised
 
As Reported
 
Adjustment
 
As Revised
Salaries and employee benefits expense
$
76,889

 
$
868

 
$
77,757

 
$
154,712

 
$
2,801

 
$
157,513

Other non-interest expense
11,445

 
(711
)
 
10,734

 
24,681

 
(1,506
)
 
23,175

Total non-interest expense
141,561

 
157

 
141,718

 
281,939

 
1,295

 
283,234

Income before tax
99,356

 
(157
)
 
99,199

 
204,606

 
(1,295
)
 
203,311

Net income
77,969

 
(157
)
 
77,812

 
160,808

 
(1,295
)
 
159,513

Net income available to common stockholders
75,532

 
(157
)
 
75,375

 
155,933

 
(1,295
)
 
154,638

Comprehensive income
85,807

 
(157
)
 
85,650

 
168,603

 
(1,295
)
 
167,308

Revised Consolidated Statement of Stockholders' Equity(1)
 
Three Months Ended June 30, 2019
 
Six Months Ended June 30, 2019
(in thousands)
As Reported
 
Adjustment
 
As Revised
 
As Reported
 
Adjustment
 
As Revised
Beginning balance retained earnings
$
1,461,893

 
$
(21,224
)
 
$
1,440,669

 
$
1,381,492

 
$
(20,086
)
 
$
1,361,406

Beginning balance total equity
2,581,942

 
(21,224
)
 
2,560,718

 
2,500,394

 
(20,086
)
 
2,480,308

Ending balance retained earnings
1,537,425

 
(21,381
)
 
1,516,044

 
1,537,425

 
(21,381
)
 
1,516,044

Ending balance total equity
2,668,452

 
(21,381
)
 
2,647,071

 
2,668,452

 
(21,381
)
 
2,647,071

(1)
March 31, 2020 reported balances of $1,668,329 and $2,803,533 for retained earnings and total equity, respectively were both adjusted down by $30,937 to revised balances of $1,637,392 and $2,772,596, respectively.
Schedule of New Accounting Pronouncements and Changes in Accounting Principles
The following table illustrates the impact of adopting ASU 2016-13 and details how outstanding loan balances have been reclassified as a result of changes made to our primary portfolio segments under CECL:
 
 
January 1, 2020
(in thousands)
 
As Reported Under ASU 2016-13
 
Pre-ASU 2016-13
 
Impact of ASU 2016-13
 Adoption
Assets:
 
 
 
 
 
 
Loans held for investment (outstanding balance)
 
 
 
 
 
 
Commercial
 
$
9,133,444

 
$
10,230,828

 
$
(1,097,384
)
Energy
 
1,425,309

 

 
1,425,309

Mortgage finance
 
8,169,849

 
8,169,849

 
—

Construction
 

 
2,563,339

 
(2,563,339
)
Real estate
 
6,008,040

 
3,444,701

 
2,563,339

Consumer
 

 
71,463

 
(71,463
)
Equipment leases
 

 
256,462

 
(256,462
)
Allowance for credit losses on loans
 
(203,632
)
 
(195,047
)
 
(8,585
)
Total loans held for investment, net
 
24,442,630

 
24,451,215

 
(8,585
)
Net deferred tax asset
 
23,058

 
21,064

 
1,994

Liabilities:
 
 
 
 
 
 
Allowance for credit losses on off-balance sheet exposures
 
9,203

 
8,640

 
563

Equity:
 
 
 
 
 
 
Retained earnings
 
1,656,517

 
1,663,671

 
(7,154
)