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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating Activities    
Net income $ 147,861 $ 112,989
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 18,934 16,070
Depreciation, amortization, and accretion, net 29,334 28,506
Deferred income tax expense 70,484 61,283
Decrease in trading account assets 6,269 4,096
Originations of mortgage loans held for sale (325,094) (320,304)
Proceeds from sales of mortgage loans held for sale 323,861 299,186
Gain on sales of mortgage loans held for sale, net (7,049) (6,946)
Increase in other assets (14,525) (33,152)
(Decrease) increase in other liabilities (9,667) 13,162
Investment securities gains, net (7,667) (67)
Losses and write-downs on other real estate, net 2,856 6,089
Decrease in fair value of private equity investments, net 3,166 278
Losses and write-downs on other assets held for sale, net 0 7,902
Loss on early extinguishment of debt, net 0 4,735
Share-based compensation expense 6,838 6,849
Net cash provided by operating activities 245,601 200,676
Investing Activities    
Net decrease (increase) in interest earning deposits with banks 12,708 (7,154)
Net decrease (increase) in federal funds sold and securities purchased under resale agreements 11,213 (7,866)
Net decrease (increase) in interest bearing funds with Federal Reserve Bank 58,942 (74,519)
Proceeds from maturities and principal collections of investment securities available for sale 313,902 443,128
Proceeds from sales of investment securities available for sale 338,381 243,609
Purchases of investment securities available for sale (748,754) (623,046)
Proceeds from sales of loans 10,747 7,739
Proceeds from sales of other real estate 5,492 16,282
Net increase in loans (612,309) (660,778)
Purchases of bank-owned life insurance policies (75,000) 0
Net increase in premises and equipment (15,386) (16,769)
Proceeds from sales of other assets held for sale 3,158 296
Net cash used in investing activities (696,906) (679,078)
Financing Activities    
Net increase in demand and savings deposits 367,450 595,342
Net increase in certificates of deposit 202,927 87,466
Net (decrease) increase in federal funds purchased and securities sold under repurchase agreements (9,320) 70,154
Repayments on long-term debt (1,128,591) (1,455,067)
Proceeds from issuance of long-term debt 1,075,000 1,400,000
Dividends paid to common shareholders (18,349) (30,015)
Dividends paid to preferred shareholders (5,119) (5,119)
Stock options exercised 2,504 2,035
Repurchases of common stock (45,349) (171,547)
Restricted stock activity (7,810) (4,605)
Net cash provided by financing activities 433,343 488,644
(Decrease) increase in cash and cash equivalents (17,962) 10,242
Cash and cash equivalents at beginning of period 395,175 367,092
Cash and cash equivalents at end of period 377,213 377,334
Supplemental Cash Flow Information    
Income tax payments, net 8,768 5,849
Interest paid 67,007 64,424
Non-cash Activities    
Premises and equipment transferred to other assets held for sale 0 18,677
Other assets held for sale transferred to premises and equipment 4,450 0
Loans foreclosed and transferred to other real estate 5,516 8,631
Loans transferred to other loans held for sale at fair value 10,584 7,314
Dividends declared on common stock during the period but paid after period-end $ 18,349 $ 0