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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating Activities:    
Net income $ 45,618 $ 51,121
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 12,275 13,325
Loan loss provision 2,600 6,400
Net amortization of deferred loan fees (179) (333)
Decrease in interest income receivable 1,537 1,420
Decrease in other assets 1,390 7,344
(Decrease) increase in income taxes payable (1,160) 856
Increase in net deferred tax asset (19) (3,719)
(Decrease) increase in interest expense payable (102) 50
Decrease in other liabilities (3,841) (984)
Stock option compensation expense 1,009 1,081
Tax benefit decrease upon exercise of stock options 447 202
Gain on sale of other assets (400) (548)
Net loss on sale of premises and equipment 22 16
Originations of mortgage loans for resale   (441)
Proceeds from sale of mortgage loans originated for resale   447
Net gain on sale of foreclosed assets (1,014) (892)
Writedown of foreclosed assets 113 1,752
Net Cash Provided by Operating Activities 58,296 77,097
Investing Activities:    
Net repayments of loans 93,115 231,002
Proceeds from FDIC1 loss-sharing indemnification 6,703 [1] 6,478 [1]
Purchases of investment securities available for sale (747,630) (355,440)
Proceeds from sale/maturity/calls of securities available for sale 444,906 100,660
Purchases of investment securities held to maturity (26,435) (152,116)
Proceeds from maturity/calls of securities held to maturity 115,799 164,369
Purchases of premises and equipment (2,392) (1,581)
Net change in FRB2/FHLB3 securities 3,248 [2],[3] 2,243 [2],[3]
Proceeds from sale of foreclosed assets 7,549 14,986
Net Cash (Used in) Provided by Investing Activities (105,137) 10,601
Financing Activities:    
Net change in deposits 157,947 (123,914)
Net change in short-term borrowings and FHLB3 advances 3,992 (5,866)
Exercise of stock options 12,396 9,219
Tax benefit decrease upon exercise of stock options (447) (202)
Retirement of common stock including repurchases (44,810) (39,789)
Common stock dividends paid (29,927) (29,949)
Net Cash Provided by (Used in) Financing Activities 99,151 (190,501)
Net Change In Cash and Due from Banks 52,310 (102,803)
Cash and Due from Banks at Beginning of Period 472,028 491,382
Cash and Due from Banks at End of Period 524,338 388,579
Supplemental disclosure of non cash activities:    
Loan collateral transferred to other real estate owned 968 5,404
Securities purchases pending settlement 2,622 1,961
Supplemental disclosure of cash flow activities:    
Interest paid for the period 2,959 3,982
Income tax payments for the period $ 14,981 $ 17,931
[1] Federal Deposit Insurance Corporation ("FDIC")
[2] Federal Reserve Bank ("FRB")
[3] Federal Home Loan Bank ("FHLB")