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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating Activities    
Net income $ 67,432 $ 80,474
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization and accretion 25,892 21,871
Provision for credit losses 28,408 17,000
Deferred tax expense 11,539 5,789
Net securities (gains) losses (297) (5)
Tax benefit of stock-based compensation (143) (192)
Loans originated for sale (266,313) (195,538)
Loans sold 264,874 198,787
Gain on sale of loans (5,843) (3,780)
Net change in:    
Interest receivable (215) (1,593)
Interest payable (131) (492)
Bank owned life insurance (3,355) (2,524)
Other, net (21,916) (14,562)
Net cash flows provided by operating activities 99,932 105,235
Investing Activities    
Net change in loans and leases (438,448) (402,216)
Securities available for sale:    
Purchases (622,544) (242,375)
Sales 615,199 33,228
Maturities 256,722 125,270
Securities held to maturity:    
Purchases (588,138) (204,591)
Maturities 158,240 137,518
Purchase of bank owned life insurance (16,579) (24)
Increase in premises and equipment (27,311) (8,651)
Net cash received in business combinations 245,762  
Net cash flows used in investing activities (417,097) (561,841)
Financing Activities    
Demand (non-interest bearing and interest bearing) and savings accounts 355,565 999,376
Time deposits (79,850) (21,510)
Short-term borrowings 9,114 (534,076)
Increase in long-term borrowings 28,168 14,654
Decrease in long-term borrowings (37,942) (13,544)
Net proceeds from issuance of common stock 6,603 7,772
Tax benefit of stock-based compensation 143 192
Cash dividends paid:    
Preferred stock (4,020) (4,020)
Common stock (50,708) (42,152)
Net cash flows provided by financing activities 227,073 406,692
Net Decrease in Cash and Cash Equivalents (90,092) (49,914)
Cash and cash equivalents at beginning of period 489,119 287,393
Cash and Cash Equivalents at End of Period $ 399,027 $ 237,479