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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 101,281 $ 50,746
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 13,960 14,344
Provision for loan losses 30,942 77,232
(Gain) loss on other real estate owned (2,408) 127
Deferred tax expense (benefit) 5,415 (10,663)
Increase in cash surrender value of life insurance contracts (7,430) (5,384)
Loss (gain) on disposal of other assets 1,455 (4,690)
Net decrease (increase) in loans held for sale 8,177 (21,170)
Net amortization of securities premium/discount 14,944 12,905
Amortization of intangible assets 10,462 10,129
Amortization of FDIC indemnification asset 2,427 3,139
Stock-based compensation expense 8,360 7,164
Decrease in interest payable and other liabilities (24,405) (2,683)
Net payments to FDIC for loss share claims (935) (159)
Decrease in FDIC loss share receivable 8,613 7,426
Decrease in other assets 8,259 37,117
Other, net 3,595 2,525
Net cash provided by operating activities 182,712 178,105
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sales of securities available for sale 213,877 102,335
Proceeds from maturities of securities available for sale 157,290 186,790
Purchases of securities available for sale (425,096) (461,139)
Proceeds from maturities of securities held to maturity 174,662 190,721
Purchases of securities held to maturity (554,442) (282,190)
Net decrease in short-term investments 317,042 412,396
Proceeds from sales of loans   106,660
Net increase in loans (385,823) (470,732)
Purchase of life insurance contracts (50,000) (40,000)
Purchases of property and equipment (12,649) (3,950)
Proceeds from sales of property and equipment 16 671
Proceeds from sales of other real estate 12,311 8,995
Net of cash paid for FNBC I acquisition (322,708)  
Net cash received for FNBC II acquisition 798,367  
Other, net (38,414) 2,989
Net cash used in investing activities (115,567) (246,454)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in deposits 90,040 467,973
Net decrease in short-term borrowings (11,134) (328,537)
Repayments of long-term debt (121,837) (28,836)
Net proceeds from issuance of long-term debt 83 5,885
Dividends paid (41,594) (38,238)
Cash paid for taxes with forfeited shares of stock (3,124) (380)
Proceeds from exercise of stock options 11,427 36
Proceeds from dividend reinvestment and stock purchase plan 1,530  
Net cash (used in) provided by financing activities (74,609) 77,903
NET (DECREASE) INCREASE IN CASH AND DUE FROM BANKS (7,464) 9,554
CASH AND DUE FROM BANKS, BEGINNING 372,689 303,874
CASH AND DUE FROM BANKS, ENDING 365,225 313,428
SUPPLEMENTAL INFORMATION FOR NON-CASH INVESTING AND FINANCING ACTIVITIES    
Assets acquired in settlement of loans $ 2,855 $ 10,526