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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income $ 120,391 $ 108,680
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan and lease losses 2,600 4,850
Depreciation, amortization, and accretion, net 24,495 15,257
Deferred income taxes 6,662 (10,267)
Other gains, net (25) (849)
Originations of loans held for sale   (108,074)
Proceeds from sales of loans held for sale   106,020
Net gains on sales of loans held for sale   (2,107)
Net gains on investment securities (25,731) (10,862)
Change in assets and liabilities:    
Net decrease (increase) in other assets 14,157 (55,769)
Net decrease in other liabilities (2,711) (27,007)
Net cash provided by operating activities 139,838 19,872
Available-for-sale securities:    
Proceeds from maturities and principal repayments 551,595 673,725
Proceeds from sales 534,107 1,210,862
Purchases (1,554,942) (1,794,137)
Other investments:    
Proceeds from sales 11,801 24,310
Purchases (11,832) (14,139)
Net increase in loans and leases resulting from originations and principal repayments (466,843) (247,206)
Proceeds from bank owned life insurance 1,021  
Purchases of premises, equipment, and software (8,565) (10,190)
Proceeds from sales of premises and equipment 50 13
Proceeds from sales of other real estate owned 167 5,186
Other 66 70
Net cash used in investing activities (943,375) (151,506)
Cash flows from financing activities    
Net increase in deposits 60,180 483,697
Net (decrease) increase in short-term borrowings (181,200) 58,299
Dividends paid (30,000)  
Distributions paid (363,624) (74,499)
Net cash (used in) provided by financing activities (514,644) 467,497
Net (decrease) increase in cash and cash equivalents (1,318,181) 335,863
Cash and cash equivalents at beginning of period 2,650,195 1,261,453
Cash and cash equivalents at end of period 1,332,014 1,597,316
Supplemental disclosures    
Interest paid 12,663 11,089
Income taxes paid, net of income tax refunds 104,792 126,201
Noncash investing and financing activities:    
Transfers from loans and leases to other real estate owned 202 1,927
Transfers from loans held for sale to loans and leases   $ 2,158
Derivative liability entered into in connection with sale of investment securities $ 8,828