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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating Activities    
Net income per consolidated statements of income $ 79,488 $ 88,180
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses, net 11,730 7,760
Depreciation and amortization 27,183 27,995
Net amortization of securities 6,833 6,411
Securities losses, net 310 0
Gains on sales of loans, net (14,477) (13,301)
Deferred income tax provision 12,900 11,600
Proceeds from sales of loans held for sale 1,030,784 943,804
Purchases and originations of loans held for sale (1,096,979) (985,935)
Originations of mortgage servicing rights (12,392) (13,321)
Increase in bank-owned life insurance (3,653) (3,598)
Net (increase) decrease in other assets (20,833) 18,480
Net increase (decrease) in other liabilities 5,405 (1,151)
Other operating activities, net 14,617 6,325
Net cash provided by operating activities 40,916 93,249
Investing Activities    
Proceeds from calls and maturities of securities held to maturity 221,002 95,467
Proceeds from calls and maturities of securities available for sale 344,160 345,156
Proceeds from sales of securities available for sale 24,693 0
Purchases of securities held to maturity (168,665) (68,715)
Purchases of securities available for sale (408,532) (375,866)
Net proceeds from bank-owned life insurance 604 655
Net (increase) decrease in federal funds sold and securities purchased under reverse repurchase agreements (250) 1,885
Net increase in member bank stock (2,153) (12,585)
Net increase in loans (343,707) (247,772)
Purchases of premises and equipment (6,929) (9,934)
Proceeds from sales of premises and equipment 435 2,896
Proceeds from sales of other real estate 37,378 33,809
Purchases of software (5,072) (6,576)
Investments in tax credit and other partnerships (46) (315)
Purchase of insurance book of business 0 (2,787)
Net cash used in investing activities (307,082) (244,682)
Financing Activities    
Net increase (decrease) in deposits 97,471 (285,954)
Net increase in federal funds purchased and securities sold under repurchase agreements 73,876 90,661
Net (decrease) increase in short-term borrowings (1,057) 298,888
Payments on long-term FHLB advances (78) (77)
Proceeds from long-term FHLB advances 250,000 0
Common stock dividends (46,983) (46,952)
Common stock issued-net, long-term incentive plan 0 (842)
Repurchase and retirement of common stock (750) 0
Excess tax expense from stock-based compensation arrangements (119) (212)
Net cash provided by financing activities 372,360 55,512
Increase (Decrease) in cash and cash equivalents 106,194 (95,921)
Cash and cash equivalents at beginning of period 277,751 315,973
Cash and cash equivalents at end of period $ 383,945 $ 220,052