Condensed Parent Company Information (Tables)

12 Months Ended

Dec. 31, 2019

Condensed Financial Information Of Parent Company Only Disclosure [Abstract]

Condensed Balance Sheets

	December 31,
(in thousands)	2019		2018
Assets:
Cash	$	57,943	$	153,939
Investment in bank subsidiaries		3,524,029		3,040,186
Investment in non-bank subsidiaries		23,498		26,274
Due from subsidiaries and other assets		9,101		6,868
Total sssets	$	3,614,571	$	3,227,267
Liabilities and Stockholders' Equity:
Long term debt	$	145,572	$	145,396
Other liabilities		1,314		531
Stockholders' equity		3,467,685		3,081,340
Total liabilities and stockholders' equity	$	3,614,571	$	3,227,267

Condensed Statements of Income

	Years Ended December 31,
(in thousands)	2019			2018			2017
Operating Income
From subsidiaries
Cash dividends received from bank subsidiaries	$	240,000		$	200,000		$	90,000
Cash dividend from nonbank Subsidiary		5,000			—			—
Noncash dividend from bank subsidiaries		—			—			11,708
Equity in earnings of subsidiaries greater than dividends received		94,185			137,914			124,531
Total operating income		339,185			337,914			226,239
Other expense, net		(15,635	)		(18,728	)		(16,931	)
Income tax benefit		(3,830	)		(4,584	)		(6,324	)
Net income	$	327,380		$	323,770		$	215,632
Other comprehensive income (loss), net of tax		125,985			(46,307	)		11,460
Comprehensive income	$	453,365		$	277,463		$	227,092

Condensed Statements of Cash Flows

	Years Ended December 31,
(in thousands)	2019			2018			2017
Cash flows from operating activities - principally    dividends received from subsidiaries	$	255,322		$	216,270		$	111,591
Net cash provided by operating activities		255,322			216,270			111,591
Cash flows from investing activities:
Contribution of capital to subsidiary		(50,000	)		—			(270,000	)
Net cash received in acquisition		38,505			—			—
Proceeds from sale of securities available for sale		—			47,557			—
Proceeds from principal paydowns of securities available for sale		—			9,091			11,015
Other, net		(1,874	)		—			—
Net cash provided by (used in) investing activities		(13,369	)		56,648			(258,985	)
Cash flows from financing activities:
Repayment of long term debt		(13,919	)		(89,200	)		(17,900	)
Dividends paid to stockholders		(94,871	)		(88,838	)		(83,266	)
Repurchase of common stock		—			(8,267	)		—
Proceeds from issuance of common stock		4,265			4,693			15,312
Payroll tax remitted on net share settlement of equity awards		(6,295	)		(8,695	)		(11,881	)
Payment accelerated share repurchase agreement		(185,000	)		—			—
Other, net		(42,129	)		—			—
Net cash used in financing activities		(337,949	)		(190,307	)		(97,735	)
Net increase (decrease) in cash		(95,996	)		82,611			(245,129	)
Cash, beginning of year		153,939			71,328			316,457
Cash, end of year	$	57,943		$	153,939		$	71,328